There has been a string of good news for several projects, and the market in general, in recent times, as a whatever appears to be an extended bull run is taking place.
The VeChain (VET) project is one of those projects, nabbing several projects and working with entities in several industries towards the implementation of blockchain for better efficiency and transparency. One such collaboration is a partnership with Chinese food giant Bright Food, which has built a solution called Bright Code on top of the VeChainThor blockchain that is being used to track the Cupid Farm Milk product.
The new service allows users to track the product along the supply chain, get real-time updates and view other related data. VeChain is already working in the food and beverages, luxury goods and retail industry, and it is making some hefty progress. The project is also among the top 10 companies with most blockchain patents.
At the time of publishing, VeChain’s price sits at $0.007, up 4.17% over the past 24 hours.