VeChain Introduces A New Platform

VeChain Introduces A New Platform

06:06 - 19/05/2020

Oracletimes

Hospitals all over the globe continue to see surging patients’ admissions because of the coronavirus pandemic. This triggered a global crisis, hitting the healthcare systems in some countries pretty badly and damaging the global economies. VeChain introduces the E-NewHealthLife platform to support healthcare VeChain made efforts to help and introduced the E-NewHealthLife which is a …

What is the VeChain ?

VeChain (VEN) is a platform, based on Blockchain technology, which guarantees the traceability of any type of good and therefore improves the transparency of the life cycle of objects.

The goal of VeChain is to provide greater market transparency and to provide consumers with access to detailed information about the product they have purchased, sold or used.

VeChain provides simple and secure ways for product manufacturers to collect, manage, and share important data to vendors and end-users about the complete product lifecycle. Blockchain technology is used to ensure the security of all data.

The VeChain platform allows manufacturers to assign a unique identity to a product that will allow resellers, partners and consumers to interact with the product through the platform.

Product traceability is provided by NFC chips, RFID chips or QR codes. The chip or the QR code can be consulted at any time by the consumer, to learn more about the provenance on product.