VeChain (VET) Can Now Be Used To Buy, Trade and Collect VIMs at VIMmarket
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VeChain, the leading enterprise blockchain platform headquartered in Singapore, continues to strive to become a solution that can be widely recommended across the world. This effort is clearly paying off considering the recent development.

According to an Italian news broadcast, three Italian wineries are currently testing the solution provided by VeChain Thor in collaboration with the global certification body DNV-GL.

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A correspondent named Anna Scafuri concisely described the use cases of VeChain and how it can be leveraged in Italy going forward, to protect locally made wines against counterfeiting across the border.

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Scafuri also stated that this nascent technology can also be applied in other industries such as food, fashion, and automotive.

During the news broadcast, VeChain blockchain was described as follows:

“Let’s talk about the new frontier of certification. Blockchain technology, the immutable digital ledgers used to protect Italian high-quality wines, guaranteeing greater transparency and security against counterfeiting. Let’s find out more with Anna Scafuri.”

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Anna Scafuri reported the new development in details as follows:

“Enhancing the producer’s effort to guarantee the quality of their wines on the market, as well as providing complete and verified information to highly demanding customers. Thanks to the technology built on the blockchain platform VeChain Thor and global certification body DNV-GL, operating in more than 100 countries, designed a solution to convey, step by step, the story of a product.

“Wine blazes the trail: 3 wineries are testing the solution aimed to revolutionize the certification industry. Data and test results collected, in collaboration with Valoritalia, to flow into a story, from the grape to the bottle in a verified and immutable way that can be easily accessed through a QR code on the label. By scanning the code with the smartphone, customers will be able to retrieve a full set of details, such as harvest year, production technique, or any potential use of renewable energies, as well as awards received.

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“This technology can successfully help in the fight against counterfeiting of our wines abroad. It can be applied to any food product and also other industries, from fashion to automotive. A huge boost in the promotion of made in Italy, which will help ensure the authenticity of our products.”

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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.