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VeChain Blockchain Collaborates With Lingang For Trading Operations

Sheenam Khuttan by Sheenam Khuttan
May 28, 2018
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Vechain Blockchain |Liangang | Blockchain Partnership | Blockchain updates
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VeChain has announced that it has established a new partnership with Liangang, the International Smart Production Fair Trade Center. The partnership movement came after the 2018 Blockchain & Industry Convergence Development Forum and the National Eastern Tech-Transfer Center Blockchain Research Laboratory Establishment Conference. The event took place on May 25, 2018 in Shanghai.

Lingang Group, which operates the exhibition trade center, is a big group owned and managed directly by the Shanghai State-Owned Assets Supervision and Administration Commission.

The exhibition trade center which is owned and operated by Shanghai Lingang Economic Development (Group) Co., Ltd, according to a statement by VeChain, assembles global innovation resources, opens up the “last mile” of scientific and technological achievements, and upholds the conversion of scientific and technological innovation achievements.

The sealed deal will give VeChain the opportunity to be featured in the technology trading platform, showcasing technological innovations backed by the Eastern China Tech Transfer Center and the government of Shanghai Lingang, the statement has inferred.

 The Vechain Foundation, through Twitter, announced a development plan and an overview document for the project. The tweet explained that the new document has an updated management structure, economic model and new use cases. Accordingly, the new platform will be updated in terms of growth on the VechainThor Blockchain which will be out in June.

It should be noted that VeChainThor is the latest announcement of the first ICO to use the Blockchain : Plair Project. This project seeks to decentralize every aspect of the industry and to revolutionize eSports’ block chain.

Also Read: Blockchain in Wine Industry: VeChain To Track Wine Imports For Chinese Wine Industry!

KryptoMoney.com publishes latest news and updates about Bitcoin, Blockchain Technology ,Cryptocurrencies and upcoming ICO’s.

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