VeChain to transform sustainable marine system with blockchain

  • VeChain Foundation will participate in the “Sino-Norwegian Sustainable Innovation” webinar on June 8, 2020 to discuss the usage of blockchain technology in that new industry sector.
  • VeChain Foundation launches VeChain Community Video Contest 2020 for its second anniversary. The first prize will be 1 million VETs.

Through its account on the Weibo social network, the VeChain Foundation announced its participation in the “Sino-Norwegian Sustainable Innovation” webinar. The event will take place on June 8, 2020 and will allow the VeChain Foundation to present the blockchain technology and its use cases to the participants. The VeChain Foundation presentation will focus on sustainable marine development.

The event has been co-organized by the Norwegian Consulate General in Shanghai, Norwegian Seafood, Norwegian Agency for Innovation, Shanghai Academy of Social Sciences, among others. The second of these co-organizers partnered with VeChain to implement their solutions to the seafood industry.

The partnership was made in conjunction with DNV GL in early April. The partners agreed to build a platform to bring Norwegian products to the Chinese market. They will use the My Story™ traceability solution to facilitate the process by increasing safety, efficiency and helping to meet the Chinese government’s health requirements. As reported by CNF this is one of the partnerships VeChain has recently achieved. VeChain and DNV GL also partnered with Italian brand ICAB La Fiammante to use the VeChainThor blockchain to record all information related to the Italian tomato supply chain in a pilot project.

Contest to celebrate VeChain’s second anniversary

The VeChain Foundation announced that it do the VeChain Video Contest 2020 starting on June 8, 2020. This initiative was first launched in January 2018 to raise awareness about VeChain and its solutions in conjunction with the community. Therefore, they are launching a second edition to reaffirm the commitment that the VeChain Foundation has with its community.

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Users who want to participate have until June 30th to make a video that talks about VeChain. The video must have a maximum of 10 minutes and can be submitted in any language, but it must have English subtitles. In addition, the content must be suitable for all audiences and must have the YouTube standard of a 16:9 radio aspect. The VeChain Foundation also suggests participants include images and other VeChain-related content.

The contest will have 4 prizes for the winners. In the first place 1 million VETs will be given, in the second place 2 winners will be chosen and each one will be given 500 thousand VETs. In the third place there will be 3 winners who will receive 200 thousand VETs each. Finally, there will be 4 honorable mentions who will receive 100 thousand TVA each.

Participants must upload their video to YouTube by June 30, 2020, at 22:00 (UTC+8) and must include the hashtag #VeChainVideoContest in the description. Here they should also mention the fonts that were used to create the video. The link of the video should be published on Twitter with the same hashtag and the participants should mention the official account of the Vechain Foundation, @vechainofficial. The winners will be announced on July 5th via Twitter.

About Author

Reynaldo Marquez has closely followed the growth of Bitcoin and blockchain technology since 2016. He has since worked as a columnist on crypto coins covering advances, falls and rises in the market, bifurcations and developments. He believes that crypto coins and blockchain technology will have a great positive impact on people's lives.

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