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VeChain foundation

a partnership utilizing the supply chain enhancement capabilities of the VeChain platform for the benefit of BMW’s business process

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VeChain is primarily a Blockchain-as-a-Service (BaaS) firm that has a particular focus on the Internet of Things (IoT). The platform uses the power of the blockchain to authenticate and guarantee the quality of goods on a supply chain. The blockchain authentication is achieved using smart chips which monitor and tracks the goods throughout the supply chain, recording securely on the distributed ledger.

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