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VeChain Eyes Mass Adoption in Europe With Its New HQ

Published 06/01/2022, 03:09 PM
Updated 06/01/2022, 03:30 PM
© Reuters.  VeChain Eyes Mass Adoption in Europe With Its New HQ

    • VeChain eyes mass adoption in Europe.
    • The smart contract platform announced recently the opening of its European tech and business center.
    • PwC Europe blockchain lead spoke about VeChain technology at Hannover Messe.

Husen Kapasi, PwC’s Europe blockchain lead, spoke at the Hannover Messe 2022 about VeChain technology. Hannover Messe is one of the largest industrial development trade fairs globally.

The tweet by the user explains how Kapasi spoke about the connected supply chain at HMI 2022. Husen said that the main focus of a connected supply chain is transparency and sustainability. He also explained how a manufacturer and retailer could embed end-to-end traceability from a supplier’s end to the customer.

We integrated supply chain control tower with blockchain-based traceability applications gathering information across the value chain.

Husen also presented a live demo depicting an example. He explained how the entire process of transparency works as the product moves from supplier to the end customer. The entire demo also focuses on how the technology runs on the VeChain blockchain and how it can tackle the issue of transparency.

The relationship between VeChain and Europe goes way back in time. 2021 has emerged as one of the fruitful years for VeChain in terms of global development.

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The foundation announced the opening of its European headquarters on February 15, 2022. VeChain envisions a mass adoption in Europe and tweets about Europe’s hunger for more blockchain solutions.

It all began when VeChain CEO Sunny Lu was called over to San Marino for its carbon-neutral project. VeChain slowly started expanding its roots across Europe. VeChain formed a tech team and a technology center in Europe to support the booming demand for technology-based solutions.

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