Enterprise-friendly blockchain project VeChain has announced the launch of its Blockchain-enabled Sustainability Solution to power “green business” for enterprises as consumers look toward greener and more sustainable products.
According to the announcement, the solution is built on the VeChain ToolChain, a one-stop data Blockchain-as-a-Service(BaaS) that utilizes the VeChain Thor, to satisfy the dean for transparency and sustainability in the business world.
The new solution will focus on creating a force for value to help businesses focus on the sustainability of the channel between the production and distribution of products and services in addition to providing tailored aids and unadulterated services for enterprises and in turn their clients.
Additionally, the VeChain ToolChain blend-on the Blockchain-Enabled Sustainability Solution is ultimately geared towards providing consistent and transparent information, building current transaction values via professional services, creating a bridging between customers’ trust and confidence in product brands, and a permanent indication of the green supply channel.
The degree of transparency provided by the blockchain technology may revolutionize the sustainability process when combining business field activities with digital-based services.
VeChain’s latest solution came right on time, as a recent research source indicates that due to the inability of financial regulators and policymakers to forecast the dynamics of climate change accurately, it becomes increasingly difficult for companies to flourish amid business uncertainties.
This is not the first time VeChain is launching a blockchain solution for public enterprises. Earlier this month, the project rolled out a market-ready blockchain-enabled food safety solution to help food-producing companies manage transparency and become more efficient in the market place.
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