The post Featured in ‘Blockchain 2030’ for Supply Chain Integrity appeared on BitcoinEthereumNews.com.

VeChain has been featured in a Blockchain 2030 report for its role in blockchain-based solutions for supply chain management.  An analyst predicts that VET could hit $1.6 in the near term; however, Changelly believes this prediction could take eight years to materialize.  Since its inception, VeChain (VET) has maintained its dominance in the supply chain management industry by introducing several technological solutions to help companies track products from manufacturers to consumers. Recently, VeChain has made a groundbreaking appearance in a high-profile report titled “Blockchain 2030: Revolutionizing the Future of Digital Trust,” underscoring its contribution to the digital economy.  This notable mention was first reported by blockchain researcher Collin Brown, who explained the role of VeChain in a detailed post and hinted at a possible price impact in the near term.  According to the report “Blockchain 2030: Revolutionizing the Future of Digital Trust,” #VeChain plays a significant role in the integration of blockchain with emerging technologies, particularly in supply chain management. VeChain is highlighted for its instrumental role in… pic.twitter.com/LOHVPG1ipl— Collin Brown (@CollinBrownXRP) August 30, 2024 According to our analysis of the report, VeChain was highlighted as instrumental in blockchain-based solutions for supply chain management. This, as mentioned, enhances the authenticity and traceability of products. Elaborating on this, Collin Brown explained that blockchain technology aids in recording “every step of the way” of products, making it a necessary tool in pharmaceuticals where the accuracy and integrity of the supply chain are crucial.  VeChain’s technology is used to record every step of a product’s journey on the blockchain, which provides unparalleled transparency and helps businesses verify the authenticity and quality of their products. This enhances supply chain efficiency, reduces the risk of counterfeiting, and increases consumer confidence by allowing them to trace the origins of the products they purchase. VeChain (VET) Adopted…

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Filed under: News - @ August 31, 2024 3:26 am