Partnership The success of the Vechain project depends largely on how many partners use its platform. And it seems that Vechain (VET) also understands this, so they themselves are always active in creating partnerships.
So far, there are more than 30 partners that VeChain is testing with. And any of them could lead to a breakthrough and wider adoption of Vechain's blockchain. Among them, the most prominent are:
PwC: allows VeChain to reach many companies across China and Southeast Asia, very beneficial in spreading information about VeChain.
LVMH: VeChain is developing a limited-edition luxury items tracking system. The piracy and trademark infringement of these products is common, especially in China and Southeast Asia. With Vechain's technology and LVHM's popularity, this is a perfect partnership, good for both parties.
DNV GL: VeChain has developed a blockchain-based solution they call MyStory. Using this DApp, consumers can learn about the story behind a bottle of wine: from the vineyard to the bottler, to distribution, and to their store shelves. All this is done simply by scanning the QR code on the wine bottle.
BYD: A Chinese automaker where VeChain is working on dealing with carbon emissions imbalances. They build a DApp that will track and record the emissions data of millions of cars, buses, trains, and other vehicles into the public VeChain blockchain.
=> Although Vechain's partners are still quite small compared to big names like Ethereum, Solana, and EOS…, it is undeniable that these partnerships contribute greatly to helping VeChain grow and gain popularity Show Less