VeChain showcases its cutting-edge technology to more than 1,800 companies to revolutionize the blockchain industry

• VeChain will be the only blockchain to participate in BCG Expo 2023 in Singapore showcasing advanced solutions and cutting edge technologies.
• VeChain delivers phygital technology and thus breaks the barriers between the digital and the physical world.

Enterprise-grade Layer-1 smart contract platform VeChain is making important collaborations recently, and in one such development, VeChain announced its partnership with BCG Expo in Singapore. VeChain will be the only blockchain platform at the show while showcasing advanced solutions to more than 1,800 participating companies eager to advance their digital strategies with cutting-edge technologies.

VeChain said its goal is to drive digital transformation and sustainability throughout the global economy. At BCG Expo 2023 in Singapore, VeChain will network with industry leaders and visionaries from the world of business and enterprise.

In an official announcement, VeChain notes:

Stay tuned for updates and insights from the BCG show as we continue our journey towards innovation and positive impact, powered by blockchain.

Using the power of the rapidly emerging Web3 technology, VeChain seeks to transform global society and also increase the adoption of blockchain technology for real-world use cases.

We are pleased to announce #vechain participate in @BCG Expo in Singapore, participating as the only one #blockchain platform present. We showcase advanced solutions to over 1,800 participating companies that want to advance their digital strategies with cutting-edge… pic.twitter.com/RJSRouKMpf

— vechain (@vechainofficial) 10 May 2023

The CTO of VeChainThor, Antonio Senatore, explained the technical needs to deliver the sustainability revolution with blockchain technology. He said:

To create distributed ecosystems, the prerequisites are minimal emissions, transaction transparency and a structure designed for mass adoption. #Vechain‘s distinctive features are designed to harness the benefits of public #blockchain without the typical transaction costs found on other blockchains.

Dual token – $KNOW, $VTHO – The system, our governance model and innovative products like VeWorld, VORJ and the tools we develop are designed to make both enterprise and retail adoption extremely accessible and foster an ecosystem of builders who embrace our vision.

VeChain’s Phygital Technologies

As the Web3 revolution takes over, the importance of Phygital technologies has grown considerably while bridging the physical and digital worlds without compromising on immersive experiences for customers.

With the combination of NFTs and IoT, Phygital allows creating hybrid experiences that can be integrated into various industries, including retail, art, entertainment and much more. Vechain Foundation’s project manager Marina Fortunato explained how the blockchain utilizes digital technologies and thus breaks the barriers between the digital and the physical world.

Marina Fortunato on how vechain’s phygital technologies break down barriers between the physical and digital worlds, unlocking new values ​​and opportunities for innovative companies:

“We strongly believe that phygitals have the power to infuse traditional objects with a… pic.twitter.com/NelbInqgTp

— vechain (@vechainofficial) 10 May 2023

In an interesting use case, Vechain has also teamed up with the Internazionali BNL d’Italia and has transformed the winner’s trophy into a phygital form for the first time in the tournament’s history. “This technology really has the potential to revolutionize countless sectors, and #vechain is at the forefront of bridging the physical and digital worlds, Fortunato added.

Recently, VeChain joined forces with major players such as Microsoft and Goldman Sachs to transform the blockchain market. VeChain CEO Luca Crisciotti recently stated that the blockchain is open to working with public participants and businesses to achieve the common goal of sustainability. He calls this collaboration the “Blockchain Biosphere”.

Luca Crisciotti on the Blockchain Biospheres approach to sustainable development, together with business and public participants:

“Our mission is to establish our concept of sustainability on collaborative participation empowered by technology.

We envision a setting in which we… pic.twitter.com/rZXKISfckd

— vechain (@vechainofficial) 10 May 2023

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