While delivering the keynote address, VeChain co-founder Sunny Lu stated that the mission of the company is to promote the use of blockchain technology through ToolChain platform.
As reported by a user identified on Twitter as fatalexe, Sunny Lu spoke expressly in favor of blockchain adoption by institutions.
Going by Sunny Lu’s account, VeChain’s blockchain-as-a-service platform (BaaS) ToolChain, will make the implementation of blockchain technology easier for businesses across the world.
— fatalexe (@FatalFatalexe) July 10, 2020
As reported a few days ago by Herald Sheets, VeChain (VET) was one of the tech giants to attend the 2020 World Artificial Intelligence Conference. Also, tt was chosen to open the conference with a keynote address in a session titled “Blockchainize the Future, Power the Economy.”
In his address titled “Last Mile to Mass Adoptions”, Sunny Lu stated that VeChain ToolChain platform completely removes obstacles such as complexity and lack of technical know-how that would stand as hindrances to the adoption of blockchain technology by businesses.
VeChain CEO said:
“ToolChain allows flexibility for implementation into different environments and systems. APIs, SDKs, Middleware integration documents are available to interested businesses.”
Hotel Giant InterContinental Adopts MyCare
The tool that was built by VeChain in collaboration with DNV GL, will be used by the company to create health certificates that will be issued to employees and guests. This came in the cooperation’s attempt to reduce the risk of COVID-19 infection.
The InterContinental Hotel Group (IHG) is indeed a giant in the hotel industry. It has relatively 842,700 rooms in its 5,656 hotels that spread across over 100 countries.
IHG owns a lot of brands, such as InterContinental, Regent Hotels, Crowne Plaza, Holiday Inn Express, among others. And as reported, IHG recorded relatively $4 billion revenue in 2019.