Thread: VeChain CEO and Co-Founder @sunshinelu24 is sharing "Last Mile to Mass Adoptions" in #WAIC2020. Follow this thread for some key summary and translations! 
The biggest advantages of #blockchain is the enabling of the lowering of cost of trust, open collaboration and robust incentive mechanism.
As COVID-19 is ravaging the world, demand for blockchain is exponentially going up.
#vechain $VET
As COVID-19 is ravaging the world, demand for blockchain is exponentially going up.
#vechain $VET
What is #blockchain and how to properly utilize it?
It is fundamentally a trust machine. It enables collaborations unlike any other technology before this.
It is fundamentally a trust machine. It enables collaborations unlike any other technology before this.
#VeChain is positioned as a technology infrastructure to on-board valuable data. Business activity generates valuable data, which will be the forefront of #blockchain adoption.
It will cause a revolution similar to the Internet.
It will cause a revolution similar to the Internet.
Various barriers to entry are cited by @sunshinelu24. Virtually no "Standard Operating Procedures" or "best practices" are present in this emerging technology.
Businesses can't deal with this. This is where #VeChain solves the problem with ToolChain.
Businesses can't deal with this. This is where #VeChain solves the problem with ToolChain.
VeChain ToolChain is the ANSWER to mass adoption of blockchain. Businesses will not need to deal with the complexity of developing on 100s of different blockchain platforms.
ToolChain is a Software-as-a-Service (SaaS) at its core. Similar to AWS and Google Cloud
ToolChain is a Software-as-a-Service (SaaS) at its core. Similar to AWS and Google Cloud
ToolChain allows flexibility for implementation into different environments and systems. APIs, SDKs, Middleware integration documents are available to interested businesses.
You can also leverage #VeChain's Assurance Partners like DNVGL, PwC, Deloitte through ToolChain.
You can also leverage #VeChain's Assurance Partners like DNVGL, PwC, Deloitte through ToolChain.
Clients who already trust VeChain ToolChain:
DNV GL, PwC, Walmart China, Bayer, LVMH, Reebonz, H&M, SBTG, BYD, BMW, Shanghai Gas etc etc
DNV GL, PwC, Walmart China, Bayer, LVMH, Reebonz, H&M, SBTG, BYD, BMW, Shanghai Gas etc etc
.@DNVGL's MyCare is cited as a massive use case for VeChain.
MyCare allows DNV GL to build trust amidst the COVID pandemic. Companies use MyCare to ensure that their premises and customers are safe.
MyCare allows DNV GL to build trust amidst the COVID pandemic. Companies use MyCare to ensure that their premises and customers are safe.
Blockchain enables #sustainability for enterprises.
Example, in Fashion industry, traceability and marketing is massively boosted using @DNVGL's MyStory.
Example, in Fashion industry, traceability and marketing is massively boosted using @DNVGL's MyStory.
#Blockchain substantially reduces cost for businesses. Up to 50% communication costs are reduced by using #VeChain and up to 200% Project Recovery Rate and Margin increase.
Walmart Sam's Club Platform was accelerated to just 1 month on-boarding time.
Walmart Sam's Club Platform was accelerated to just 1 month on-boarding time.
Sunny's closing thoughts:
Blockchain mass adoption can only happen by pairing valuable data on it.
#VeChain is at the forefront of this adoption and revolution.
Blockchain mass adoption can only happen by pairing valuable data on it.
#VeChain is at the forefront of this adoption and revolution.
