VeChain Collaborates to Extend Blockchain Solutions to Industries

VeChain network declared that it is associating with Grant Thornton Cyprus, to extend blockchain solutions to a variety of industries.

By · Aug 18, 2020 . 6min read

VeChain Blockchain to extend to industries

VeChain network announced that it is collaborating with consulting giant, Grant Thornton Cyprus, with extending blockchain solutions to a variety of industries. This association intends to utilize VeChain’s advanced blockchain solutions for several sectors among the network of Grant Thornton clients. However, the prospective clients would include industries from food, pharmaceutical, logistics, and automotive sectors.

Founded in 2015, VeChain is a leading enterprise-friendly public blockchain platform. It intends to connect blockchain technology to the real world. It connects by providing enterprises with blockchain solutions suitable for their business needs. Grant Thornton Cyprus, founded in 1942, the firm became a member firm within Grant Thornton International in 1982. Moreover, it provides a full range of assurance, tax, specialist advisory, and business support services. It offers its services to clients ranging from multinationals to public companies to government agencies. Additionally, it also provides services to private businesses across various industries.

VeChain and Grant Thornton Cyprus Collaboration to Attract Industries to Blockchain

VeChain’s ToolChain has become the market’s business-ready standard tool for blockchain integration and adoption. To utilize VeChain’s extensive experience in using blockchain technology in the real business scenario, ToolChain was developed. Additionally, VeChain ToolChain’s sturdy infrastructure will give Grant Thornton Blockchain Cyprus stable, secure, and efficient support.

Consolidating Grant Thornton’s professional consultancy and VeChain’s market-leading blockchain technology, it will unlock the doors to various companies fascinated in exploring blockchain technology. It will open doors to a whole new world of opportunities through the implementation of this technology. However, through this collaboration, various industries will get a chance to explore blockchain technology and how it functions.

Sunny Lu, Co-Founder, and CEO at VeChain says“The pandemic has been an imminent restructuring of the global economic order, which emphasizes the urgency of accelerating digitalization which enhances the need for digital solutions in the post-pandemic. We are dedicated to exploring more business scenarios with our partner Grant Thornton Blockchain Cyprus and are excited with what’s to come as a result of this partnership.”

Summing it up, this collaboration between VeChain and Grant Thornton Cyprus will help various industries to explore and adopt blockchain technology. However, with VeChain’s blockchain expertise, we look forward to enterprises adopting and implementing blockchain technology in their respective sectors.

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