Large Chinese Municipal Governments Are Adopting VeChain’s VeTrust to Help Deal with COVID19
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Sunny Lu, CEO of VeChain (VET), the leading enterprise blockchain platform, has updated the community with the progress that the VeTrust team in Suzhou is making on a daily basis, especially in terms of winning the trust of the government.

In a tweet a couple of hours ago, Sunny Lu, stated that large Chinese municipal governments are adopting VeChain’s VeTrust to help in dealing with COVID-19 related data for Public Health.

Read Also: Sunny Lu: DNV and PWC Customers Will First Consider VeChain If They Want To Use Blockchain

During a visit to VeTrust team in Suzhou, VeChain’s CEO realized that a total of 104 sites are leveraging the platform for public safety and health. According to Sunny Lu, most of these sites are communities sponsored by the Suzhou government, indicating that the team is receiving the most necessary support and gaining much-needed traction.

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Sunny Lu tweeted, “Visiting VeTrust Team in Suzhou and there are total 104 sites connected to the platform for public safety and health. Most of them are communities sponsored by SuZhou Government. VeChain is helping to deal with COVID19 and will go more! Impressive progress.”

Read Also: Nasdaq Acknowledges VeChain (VET) As A Low-Cost Altcoin With Solid Potential In 2021

About VeChain’s VeTrust

On 9th September 2020, in the face of the long-term impact of the COVID-19 on the global economy, VeChain, in conjunction with DNV GL, introduced a blockchain-based risk self-assessment application, VeTrust.

The tool provides hotels with an effective risk self-assessment toolkit to enhance safety and risk management during and after the coronavirus pandemic.

Read Also: VeChain Is Working With COVID-19 Infection Risk Management for the China International Import Expo 2020

By using the one-stop data BaaS platform, VeChain ToolChain™, VeTrust combines DNV GL’s infection risk management methodology and track record to help businesses start managing COVID-19 risk factors, starting with small to mid-scale hotels in the most populous country in the world, China.

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Solomon Odunayo

By Solomon Odunayo

Solomon Odunayo is an accomplished blockchain and cryptocurrency expert at Herald Sheets, known for his in-depth analysis and engaging articles that cater to both beginners and experienced readers. With a degree in Computer Science from the University of Lagos, Solomon leverages his technical background and keen understanding of the crypto space to provide readers with valuable insights and up-to-date news. His passion for innovation and commitment to staying current with industry developments make him a trusted voice in the digital currency community.