Analyst Spots Price Level He’s Buying VET “Heavily”, says VeChain’s Bull Run from March 2020 Still Intact
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In the quest to mitigate the spread and risk of COVID-19, VeChain, in conjunction with DNG GL’s My Care, will be working with COVID-19 Infection Risk Management for the China International Import Expo 2020.

VeChain and DNV GL will be powering InterContinental Shanghai Hongqiao, the only luxury hotel located within the National Exhibition and Convention Center (NECC).

China International Import Expo 2020

A record number of domestic and international companies will grace the CIIE this month. Due to the number of guests that will be visiting NECC to attend CIIE, there should be adequate preparation by hotels and accommodation facilities to secure attendees against COVID-19 infection risk.

Read Also: VeChain (VET) To Power DNV My Care Solution to Tackle Covid-19

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Particularly, hotels have to possess a robust standard operating procedure based on certified standards and risk management methodologies. This is where VeChain and DNV GL’s My Care will come in.

The strategic partnership between VeChain and DNV GL that yielded the Vechain blockchain-enabled infection risk management methodology, My Care, aims at helping companies to access, manage, and mitigate infection risk to build trust.

This partnership is already yielding results as many companies in the hotel industry, such as Hongqiao State Guest Hotel, Suzhou Qingshan Hotel, and ITC Hotels (India), already leveraging the service.

This new development has made InterContinental Shanghai Hongqiao the first hotel in the InterContinental Hotels Group PLC (IHG) to have its infection risk management verified under the My Care Methodology. The verification will then be safely and permanently stored on VeChainThor Blockchain, which will make attendees trust CIIE more.

Reacting to the new development, the co-founder and CEO of VeChain, Sunny Lu, said, As the world’s leading enterprise-friendly blockchain platform, VeChain is the pioneer of real-world business applications. We are happy that our technology is able to assist in the fight against COVID-19 to reassure hotel guests of their safety. With VeChain ToolChain™, we have great confidence to provide standardized and trustworthy blockchain toolkits for enterprise users to reach their own business goals.”

Read Also: Italy-Based Pasta Producer Adopts VeChain’s My Care to Manage Infection Risk

The General Manager of InterContinental Shanghai Hongqiao NECC, Christoph Hoeflich, also reacted as follows:

“To provide our guests with a safe and secure stay has always been the cornerstone of our service. The verification of DNV GL stored on VeChainThor blockchain further proves the effectiveness of our efforts in infection risk management. With the countdown to the opening of the 3rd CIIE now underway, we are also committed to implementing assured prevention to build confidence for our guests.”

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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.