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VeChain (VET) has announced a partnership deal with Healthcare Co. Ltd. (Mlily), an official global partner for Manchester United since 2016.
Mlily is a China A-Shares listed Public Company and a Shanghai Stock Exchange Mainboard listed Company, DBA Mlily.
It is the largest memory foam mattress and smart bedding product research, development and manufacturer in the whole of China.
Aside that, Mlily is the maiden among its peers to go into healthcare-related industries utilizing its proprietary Smart Bedding products.
The healthcare bedding firm has global recognition, operating in Canada, Japan, Ireland, UK, US and China.
Healthcare Co. LTD has been an official partner for Manchester United, signing a 5 year contract since October 31st, 2016.
Mlily is to use VeChain Thor for Proof of Origin, Proof of Authenticity and Supply chain management. According to estimate, the project is expected to add nothing less than “20 million RFID chips every year for the next five years (blockchain data entry points) on chain”.
While showing their happiness, VeChain teams says “companies like Mlily have unique barriers and business processes that make VeChain Thor a stronger smart contract platform”.
VeChain has been showing its superiority for some times now. The blockchain platform has been among the most required owing to its unmatched traceability solution demanded by big companies across the globe.
Not long, VeChain’s traceability solution was demanded to fight PharmaScandal in China, the blockchain companies has ready-made innovations that works best in the supply chain industry, pharmaceutical space, food and wine industries among others.
With VeChain’s readiness to liberate the society of counterfeit goods, the blockchain industry stand to benefit a lot from the corners of the world.
VeChain is employed by Cyprus Government. The company will bring in worthwhile innovations that has the potential of transforming the country. VeChain’s innovations is making observers to say the blockchain firm is the future of IoT.