Home Finance News A Sneak Peak into the Different VeChain (VET) Projects

A Sneak Peak into the Different VeChain (VET) Projects

Vechain
  • Importance of NFT Use Cases
  • PaaS platform for Vaccine Development
  • VeTrust Safety Code
  • Webinars as Resources

In his recent speech, Sunny Lu stated, “Recently, the hot topic is NFT, and we think at the moment NFT is more important to focus on in terms of use case.”

Sunny Lu, CEO of VeChain during WAIC:  Recently, we have used the PaaS platform to quickly develop a vaccine passport for the Republic of San Marino. It is the country of Italy with a total of 33,000 people, but in just a few days, more than 31,000 passports have been issued, which covers a considerable majority of their citizens.

It is equivalent to an experiment, which they have made with the national NFT application, in which citizens can quickly achieve freedom of movement. In the future, we hope to extend this technology to more European countries.

Our PaaS platform enables rapid development iterations based on a low-code environment. Another partner of ours, PwC, re-iterated a digital product based on PaaS. From the beginning to the final delivery of this product, the total lead time is only three weeks. We need to implement a UI and business logic on the front end. And, the back-end can be directly executed with the PaaS platform.”

The last case, besides the big partners we talked about, is a small startup, VeTrust.  They have developed “Safety Code,” a digital management platform for public safety and public health, based on a low-code PaaS platform from VeChain.  The development was amazingly fast.

In the process of development, while (technology) is iterating, the platform is connecting to more application scenarios, but with the PaaS low-code environment.

We can build templates quickly, maybe even one template a day. I always believe more and more enterprises will embrace blockchain technology, and more and more businesses will be running on the blockchain.  However, I think that each enterprise has its own needs to achieve this quickly and efficiently.

VeChain is into a lot of valuable projects.  Those who are willing to know ore should check in to the different recorded versions of webinars covering different topics like The missing part of mass adoption – VeChain Tool Chain; A New Era of Sustainable Fashion: My story enabled sustainability price; Blockchain in food provenance; A New Ecosystem Play in the post-Covid world; How far is a blockchain-enabled hospital; Digital Transformation of HealthCare Sector; From Soil to Sale: How Vechain Toolchain Enables Producers Market to help D2C Food Brands; What you might not know about PoA/Blockchain consensus algorithms; A brief intro into PoA2.0 (SURFACE); VeChainThor Blockchain: The Choice of Business-Oriented Projects; Blockchain Governance: How Decisions are made on Vechain Thor; Discovering Oxford and Vechain Research Achievements; World Oceans Day 2021 – Action against plastic pollution thus ensuring traceability and credibility and more.

 

 

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James

James T, a passionate crypto journalist from South Africa, explores Litecoin, Dash, & Bitcoin intricacies. Loves sharing insights. Enjoy his work? Donate to support! Dash: XrD3ZdZAebm988BfHr1vqZZu6amSGuKR5F

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