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Vechain (VET)’S Mystory Strikes Another Huge Milestone In Italy Ahead Of Intriguing Price Rise

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Vechain (VET)’S Mystory Strikes Another Huge Milestone In Italy Ahead Of Intriguing Price Rise

Vechain (VET) and DNV GL co developed indefatigable dApp, MySTory, is already disrupting Italy with its profoundness and no one can doubt it. After the announcement of a ground breaking partnership with three renowned wine makers in the country, the decentralized technology made it to the country’s most watched television channel, Rai1.

Flagging the blockchain technology as an immutable digital ledger that helps to secure high quality wines by ensuring transparency and security against counterfeiting, Rai1 television station made the declaration during the broadcasting hour.

The news caster noted that MyStory hand in quality, absolute and verified information about a wine to customers, as well as assisting producers in guaranteeing the quality of their products in the market. Furthermore, the technology has been tipped of revolutionizing the certification industry in the country as it undergoes test with three wineries.

While the solution was co-developed Vechain (VET) foundation and DNV GL to provide a step by step story of products, the two bodies were also mentioned during the program.

The reporter, Ana Scafuri, disclosed that in partnership with Volaritalia, MyStory will use data and results collected to develop the story of a wine from the grape to the bottle in a certified and immutable way.

With the QR code on the label of the bottle scanned into the application on a smart phone, every detail like production technique, harvest year or any potential use of renewable energy and more would be made available.

The reporter added that while MyStory is useable for any food products and other industries like fashion, automobile, the technology is sure of assisting in the cause to fight against counterfeiting of Italian wines abroad just like the 11,000 Marchesi Antinori fabricated Wines sold in Italy, Belgium and Germany.

Scafuri concluded the session by averring that through upholding products’ authenticity, MyStory is undoubtedly a boost for made in Italy products.

Vechain (VET) On The Rise With Intriguing Added Value

All these happened less than 72 hour before the native token of the blockchain technology found balance on the upside trend in the market.

According to Coinmarketcap, Vechain (VET), against US dollar, is trading up by about 7.5% in the last 24 hours of the market. As at press time, the value of the cryptocurrency has risen to $0.004846 USD. Similarly against BTC, Vechain is also trading up by about 5.2% with indication for an imminent bullish race.

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He his a content writer, holds an Analyst sit at Kloy GIS • Be a venture capitalist one day. 

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