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VeChain [VEN] in wine sector – launches a decentralized app called ‘My Story’

Sthuthie Murthy

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VeChain [VEN] in wine sector - launches a decentralized app called 'My Story'
Source: Pexels

VeChain [VEN] has just announced that their first decentralized application [dApp] has been launched and is currently managed by third parties of VeChain Thor. It has been named as ‘My Story’ and is in partnership with DNV GL.

VeChain Official Tweet

VeChain’s Official Tweet

What is DNV GL?

It is an internationally accredited registrar and classification society with its headquarters in Oslo. It is a service provider for various industries like maritime, renewable energy, oil and gas, electrification, food and beverage and healthcare.

What is ‘My Story’?

My Story is a blockchain based digital assurance solution which is ready to use in the industry. It combines deep expertise in the field of DNV GL with data collection, independent audits, and verification services.

The first industry to use this directly is the Italian Wine industry. The four wine producers – Michele Chiarlo, Ricci Curbastro, Ruffino, and Torrevento are in collaboration directly with VeChain and DNV GL for this disruptive solution.

These leading industry leaders will display the ‘My Story’ label on their own bottles in stores. They will use the VeChain blockchain and hardware labels to present it later this year. This solution will not be autonomous for the wine industry but will transcend the applications in a wide variety of markets.

VeChain is a coin under the spotlight for a fair amount of time now. It is currently trading at $4.08 and is listed top 20 coins in the global market.

Anderson, a VEN follower tweeted:

“DNV GL partnership with VeChain underlines the incredible level of seriousness we have in front of us. VeChain will become a major player globally in a vast number of business areas. It is as solid as never seen before within the world of Crypto. Enjoy the ride!”

Michael Jay, a Twitter user says:

“I strongly proclaim that they’re heading to Alibaba. The products/units there need authentication for customer’s satisfaction, product confirmation, and verification. This is gonna be huge.”

Another happy investor tweets:

“Vechain is doing great things and going places where blockchain has never gone before! Great work guys. I’m hodling my vechain for many years to come.”



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Sthuthie Murthy is a full-time reporter at AMBCrypto. She has been researching and writing about the Blockchain technology for a year now. Her passion for blockchain has led her to be a part of AMBCrypto's news reporting team. She does not hold value in any cryptocurrencies currently.

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