VeChain Partners With Global Logistics Giant DB Schenker

As VeChain draws nearer to its mainnet launch, it is reporting huge associations day in and out. This is surely an uplifting news for the VeChain investors, lovers, and hodlers. The latest collaboration is with one of the world’s leading logistics providers DB Schenker.

On its official Medium blog, VeChain discusses how VeChain Foundation is intending to increase the value of the VeChainThor platform. This has been accomplished by including the

“World’s best service providers, goods distributors, and global experts into their platform’s ecosystem to ensure the integration of as much business processes as possible.”

Presently, the company is working with DB Schenker, “one of the world’s leading global logistics providers” with whom it co-developed a dApp.

The transport and logistics division of Deutsche Bahn, DB Schenker has “a dense network of over 68,000 logistics experts in 2,000 locations.”

This partnership has the VeChian community in rapture as obvious from positive reactions on Twitter.

Jessy Delisle‏ Tweeted: “These guys won’t leave anything left for the other projects.”

While another Twitter user, royke23 remarked, “Awesome, yet another real-life use case in the business world with a huge organization. Congrats!”

Vechain FAN‏ imparted his perspectives with, “amazing project, amazing team, I am just speechless, by far best project, top 10 coins soon.”

“Suppliers globally will have a ranking upon packaging, transportation, quality of goods that will be fully visible and that consumers or users of their services will then be able to view and choose based upon the service they provide.Smashing it as usual.”

Tweeted another VeChain lover, Prabs.

With more than 50 years of involvement in China, DB Schenker is giving its services in 60 key urban communities the nation over.

The company can offer broad logistics solutions by teaming up with third-party suppliers. In any case, this shows the test of measuring the execution and services quality of its business accomplices.

Presently, with joint efforts with VeChainThor platform, they have built up a provider evaluation framework. This denotes the “first time a blockchain is used for supplier management purposes.”