Vechain (VEN) Captures China Auto Industry With EGrid Partnership (Ethereum World News)

VeChain has announced it agreed a longtime partnership with Shanghai eGrid Consulting Co., LTDto deploy VeChain’s outstanding automobile solution into its current automobile ERP, SCM, and CRM solutions. According to Vechain team, the Memorandum of Understanding (MoU) will make eGrid to use VeChainThor in its business.

In this partnership, “eGrid will leverage the nature of immutable, secured data storage and distribution of blockchain technology, and integrate VeChain’s existing automobile solution into their current ERP, SCM, and CRM solution for existing and future clients,” Vechain team has said.

“This will enable eGrid to empower their proprietary solutions with VeChainThor to provide optimized results and data services for their clients. The use of the car maintenance, green driving, and carbon bank projects will be one of the leading applications for blockchain adoption seen by the public. VeChain’s work within the industry is growing deeper with increased talks with the world’s most known companies and part providers.”

Talking about the outstanding performance of Vechain, the team says the “power of VeChainThor continues to grow by drastic measures and has solidified itself as the leading global enterprise public blockchain platform.”

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Yusuff Olayode Supoto

12 April 2018

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