Analyst Spots Price Level He’s Buying VET “Heavily”, says VeChain’s Bull Run from March 2020 Still Intact
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Tag. Trace. Trust, a DNV Assurance new service built on VeChainThor, has reportedly onboarded a new client in metal, Norsk Hydro, one of the world’s largest aluminum companies in the world.

DNV Assurance had announced the incorporation of Norsk Hydro into its ecosystem, urging its users to learn how blockchain, which is precisely VeChainThor, helped prove how sustainable they are, with verified data.

Read Also: VeChain (VET) Welcomes Its First DEX, Vexchange, the Uniswap of VeChain Network

DNV Assurance tweeted, “Customers want to make greener buying decisions, based on facts and not just promises. Join our webinar, with Norsk Hydro, to learn how our blockchain solution helped prove their sustainability claims with verified data.”

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VeChain Foundation Reacts

In reaction to the update, VeChain Foundation shared the details of the new development with its teeming community members a couple of hours ago via a tweet.

According to VeChain Foundation, Tag. Trace. Trust is designed to bridge trust between the sustainability efforts of a company and its customers.

VeChain Foundation tweeted, “Built on VeChainThor, DNV’s new service “Tag. Trace. Trust.” intends to bridge trust between a company’s sustainability efforts and their customers. TTT recently onboarded its first client in metals Norsk Hydro, one of the largest aluminum companies worldwide.”

Read Also: VeChain (VET) Listed by One of the Largest Fiat-To-Crypto Exchanges in Europe, Giving Away €5,000

Meanwhile, Tag. Trace. Trust, which is described as building trust into products and assets is an aspect where VeChain has gained vast adoption.

Crypto Michael Says VeChain (VET) Looks Decent

A crypto trader and analyst, Michaël van de Poppe, popularly known as Crypto Michael in the cryptocurrency ecosystem, has asserted that the state of VeChain (VET) looks decent in the market, but needs more confirmations before uptrend continuation.

Read Also: VeChain (VET) Makes the List of Top 10 Trending Digital Currencies in Europe

Captioning an illustrative chart, Crypto Michael tweeted, “VeChain looks decent, but has to have more confirmation before continuation. Preferably more sideways action to build up compression. After that, a breakout above 100 sats will trigger a new impulse wave.”

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Tobi Loba

By Tobi Loba

Tobi-Loba is a creative and an award-winning writer with over 5 million readers from all over the world. She has B.A in English and Literature from a reputable University and currently studying for her M.A in the same field. She recently became a contributor at Herald Sheets in order to satisfy her thirst in reporting crypto and blockchain occurrences, the interest she built over the years.