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VeChain and BCG Partner to Drive Sustainability Via Blockchain Technology

Twitter icon  •  Published il y a 3 mois  •  Hassan Maishera

The VeChain team announced via X (formerly Twitter) on Sunday that it has partnered with global consulting firm Boston Consulting Group (BCG).

The VeChain team announced via X (formerly Twitter) on Sunday that it has partnered with global consulting firm Boston Consulting Group (BCG). The two entities aim to utilize blockchain technology to enable impactful environmental transformations starting with reducing carbon emissions in high-impact industries like agriculture.

The team added that the solutions will trace produce end-to-end, certifying sustainable farming practices to strengthen food systems resilience.

VeChain Thor (VET) is a blockchain with the posited goal of solving real-world economic problems. VeChain leverages the Proof of Authority (PoA) consensus mechanism. PoA is a Byzantine Fault Tolerant probabilistic consensus mechanism based on HotStuff, which relies on Authority Masternodes (AM) associated with verified identities. VET is down by 2% so far today and is currently trading at $0.03410.

Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.