Suppliers Singapore Vechain

	Vechain
HQ Location	Singapore
Year Founded	2017
Company Type	Private
Revenue	< $10m
Employees	51 - 200
Website	Open website

Vechain

HQ Location

Singapore

Year Founded

2017

Company Type

Private

Revenue

< $10m

Employees

51 - 200

Website

Open website

Company Description	VeChain is a leading global enterprise level public Blockchain platform ranked in top 20 on CoinMarketCap, with a valuation of over 1 Billion USD. . VeChain aims to connect Blockchain technology to the real world by providing a comprehensive governance structure, a robust economic model as well as advanced IoT integration, and pioneers in real world applications. They are one off the most connected projects in the Blockchain space at the current time. Partnerships include PwC (Top 4 Accounting firm), DNV GL (A global quality Assurance and risk management company – leader in its field), two main bodies of China Tobacco Regulation Administrations (China State Tobacco Monopoly Administration, and the China National Tobacco Corporation), among many others. Read More
IoT Solutions	VeChain operates in a number of verticals including, pharmaceuticals, liquor, automobile, luxury goods, retail, logistics, supply chain, food and cold storage and more. An example of one of the IoT solutions they can provide is cold chain solutions. VeChain uses propietry IoT sensors to track key metrics such as temperature, humidity and location information throughout the supply chain journey. All data is transferred to the Vechain Thor Blockchain at each checkpoint on the journey, and any anomaly in data will trigger an alert. The Blockchain is used to create an immutabe record of the product, that cannot be changed without leaving a trace on the blochain for regulatory authorities and customers to check. Vechain embeds data management in every process, making cold chain logistics transparent, regulated, secure and reliable . Read More Log in to view content
Key Customers	PwC, BMW, DNV GL, Kuehne & Nagel, China State Tobacco Monopoly Administration, China National Tobacco Corporation, BitOcean, Fanghuwang , INPI Asia, Givenchy, Danone, Unilever, Saint-Gobain. Read More Log in to view content
Contents

Company Description

VeChain is a leading global enterprise level public Blockchain platform ranked in top 20 on CoinMarketCap, with a valuation of over 1 Billion USD. .

VeChain aims to connect Blockchain technology to the real world by providing a comprehensive governance structure, a robust economic model as well as advanced IoT integration, and pioneers in real world applications.

They are one off the most connected projects in the Blockchain space at the current time. Partnerships include PwC (Top 4 Accounting firm), DNV GL (A global quality Assurance and risk management company – leader in its field), two main bodies of China Tobacco Regulation Administrations (China State Tobacco Monopoly Administration, and the China National Tobacco Corporation), among many others.

IoT Solutions

VeChain operates in a number of verticals including, pharmaceuticals, liquor, automobile, luxury goods, retail, logistics, supply chain, food and cold storage and more.

An example of one of the IoT solutions they can provide is cold chain solutions. VeChain uses propietry IoT sensors to track key metrics such as temperature, humidity and location information throughout the supply chain journey.

All data is transferred to the Vechain Thor Blockchain at each checkpoint on the journey, and any anomaly in data will trigger an alert.

The Blockchain is used to create an immutabe record of the product, that cannot be changed without leaving a trace on the blochain for regulatory authorities and customers to check.

Vechain embeds data management in every process, making cold chain logistics transparent, regulated, secure and reliable .

Key Customers

PwC, BMW, DNV GL, Kuehne & Nagel, China State Tobacco Monopoly Administration, China National Tobacco Corporation, BitOcean, Fanghuwang , INPI Asia, Givenchy, Danone, Unilever, Saint-Gobain.

Vechain is a provider of Industrial IoT application infrastructure and middleware technologies.

Technologies

Application Infrastructure & Middleware

Blockchain

Vechain’s Technology Stack maps Vechain’s participation in the application infrastructure and middleware IoT technology stack.

Application Layer
Functional Applications

Cloud Layer
Platform as a Service

Infrastructure as a Service

Edge Layer
Automation & Control

Processors & Edge Intelligence

Actuators

Sensors

Devices Layer
Robots

Drones

Wearables

Supporting Technologies
Analytics & Modeling

Application Infrastructure & Middleware

Cybersecurity & Privacy

Networks & Connectivity

Technological Capability

None

Minor

Moderate

Strong

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Overview

Vechain

IoT Snapshot

Technology Stack

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