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8166727 No.8166727 [Reply] [Original]

Is everything else just cancer?

>> No.8166762

Strategic partners
The three strategic partners each play a key role in VeChainThor's expansion. PWC has clients which make up 85% of the Fortune 500. DNV-GL is the preferred provider of those Fortune 500 companies for management systems certification services. PWC and DNV-GL will serve to introduce their enterprise clients to VeChain and increase adoption. BitOcean is positioning itself as a Fiat on-ramp for Crypto in Japan through physical ATMs and online exchanges, with approval by Japan's Financial Services Authority. BitOcean also plans to operate in China when regulations are finalised. BitOcean represents a Fiat/VET pairing that may serve to decouple VET/BTC and lead to independence of VET from the whims of BTC price.

Existing clients & Investors
VeChain currently has 180 business opportunities in their pipeline for 2018 (compared to 4 use cases in 2016 and 22 in 2017). They have real uses cases and existing clients. These all range from medium to large enterprises. Revealed clients include BMW, Groupe Renault, DIG, Kuehne + Nagel, China Unicom, NRCC - State Tobacco, MLILY, Sunshine culture, Hubei Sanxin Cultural Media, Fanghuwang, YIDA future, Madeforgoods and iTaotaoke. Jiangsu Printed Electronics and Xiamen Innov Information Technology are technology partners and I suspect will be mass producing the RFID/NFC chips.

Bonus: This week they are presenting with DNV-GL a cold chain supply chain solution at the Global Food Safety Initiative conference 2018. Zoom in and you'll see VeChain Intelligent Control Display System. https://twitter.com/DNVGL/status/970852759615475713

Breyer Capital and Fenbushi capital are the two featured investors on VeChain's website.

>> No.8166780

China's potential
China is widely known to be anti-cryptocurrency but extremely pro-blockchain. China's 13th 5 year plan plans on abandoning old heavy industry and building up bases of modern information-intensive infrastructure, with blockchain being one of the key technological focuses. VeChain has achieved subtle approval from Government of the People's Republic of China with Gui'an New Area project, multiple mentions on state owned media (CCTV) and deals with state owned enterprises (China Tobacco). I'm not holding my breath, but China will eventually finalise regulations and adopt blockchain. VeChain appears to be one of the leaders in the field, with their largest office in Shanghai and government connections.

Leader in the field
Last but not least, VeChain is leading the crypto field with academic research (VeResearch with Michigan State University #1 for supply chain management and Oxford University Mathematical Institute #1 in the world overall, #4 for maths), transparency (quarterly financial reports, regular social media updates, response to r/cryptocurrency ban), corporate responsibility (cryptocurrency disaster recovery plan)and environmental responsibility (Carbon bank with DNV-GL).