VeChain Thor’s Blockchain Attracting A Crowd

VeChain Thor’s Blockchain Attracting A Crowd

Investing.com – VeChain Thor managed to notch a small gain in the first quarter, making it one of the best performing big cryptocurrencies, but the company is also making an impression in the marketplace.
Currently the 17th largest crypto based on market cap, VeChain Thor has been busy teaming up with a variety of companies to commercialize its blockchain technology for supply chain purposes.
The biggest partner thus far is German automaker BMW, which, among other things, will use the technology to tracks its parts inventory.
VeChain Thor is also working with Norway’s DNV GL, a global provider of assurance services, to develop applications to tracks foods and beverages.
And in China, VeChain Thor has partnerships with Yida, a real estate developer, and LogSafer, a supply chain and logistics company.
Global consulting firm PricewaterhouseCooper selected VeChain Thor for its incubator program.
VeChain Thor also has academic partnerships with Oxford University and Michigan State University.
VeChain Thor changed its name and blockchain from VeChain in late February. The original VEN tokens will be converted to VET tokens at a one-to-one ratio.

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