For Those Who Will Continue To Label VeChain a Scam

Hers is a list of some of VeChains partners and some current use cases being developed,DNV GL : https://ift.tt/2q1yLbP GL is a global quality assurance and risk management company. Driven by our purpose of safeguarding life, property and the environment, we enable our customers to advance the safety and sustainability of their business. We provide classification, technical assurance, software and independent expert advisory services to the maritime, oil & gas, power and renewables industries. We also provide certification, supply chain and data management services to customers across a wide range of industries.VeChain has a number of projects in development with DNV GL, the most noteworthy being their Carbon Credit dapphttps://medium.com/@vechainofficial/byd-one-of-the-largest-chinese-car-brands-and-worlds-top-selling-plug-in-electric-car-ab591f73237fBYD : https://ift.tt/2PM22CJ in February 1995, BYD has grown from a start-up with only 20 employees into a global company with 220 thousand employees today. Throughout its 23 years of high-speed growth, BYD has established over 30 industrial parks across six continents and has played a significant role in industries related to electronics, automobiles, new energy and rail transit. From energy generation and storage to its applications, BYD is dedicated to providing zero-emission energy solutions. BYD is listed on the Hong Kong and Shenzhen Stock Exchanges, with revenue and market capitalization each exceeding RMB 100 billion.BYD is an integral player in VeChains Carbon Credit Project, which will be the first enterprise level application moving the data of millions of vehicles onto a public blockchain platform.Shu Youxing, Pesident of BYD :“This technology not only improves our current offering but allows us to create completely new markets. The unique aspects that VeChain provides will empower carbon monitoring development and sustainable ecosystems. This solution is a glimpse into what we think we can achieve through this partnership.”​-Vaccine Traceability solution for Shanghai Government : (In conjunction with DNV GL)https://ift.tt/2q5wMTG" VeChain is the only approved blockchain traceability provider in Shanghai and has been tasked to achieve the China traceability requirements by 2020"​PWC Asia Pacific : https://www.pwchk.com/en/press-room/press-releases/pr-040518.html#utm_source=twitter&utm_medium=20180504"Our purpose is to build build trust in society and solve important problems. In an increasingly complex world, we help intricate systems function, adapt and evolve so they can benefit communities and society – whether they are capital markets, tax systems or the economic systems within which business and society exist. We help our clients to make informed decisions and operate effectively within them".https://twitter.com/vechainofficial/status/954020685789081605?lang=en​DB Shenker : https://www.dbschenker.com/cn-en/about/press/corporate-news/db-schenker-and-vechain-pioneer-in-the-use-of-blockchain-for-the-logistics-industry-533240https://medium.com/@vechainofficial/vechain-and-db-schenker-pioneer-in-the-use-of-blockchain-for-the-logistics-industry-55941c048070"At DB Schenker, we’re committed to providing innovative supply chain solutions that challenge the status quo. As a global industry leader with more than 140 years of logistics experience, we’re proud to support industry and trade in the global exchange of goods."This is just a small sample of some of VeChains many partners and use cases under development. There seems to be some controversy around VeChains affiliation with Cream, and some videos doing the rounds painting them in a negative light. Whatever the deal with Cream however, (true or not) does not take away from the legitamacy of VeChains massive partnerships and groundbreaking REAL WORLD use cases.To further add to the innovative approach VeChain has taken, they developed the first Cryptocurrency Disaster Recovery Plan, which is a first in the entire industryhttps://medium.com/@vechainofficial/vechain-passes-the-first-ever-cryptocurrency-disaster-recovery-plan-from-pwc-f69ccf238a7a​In addition, VeChain are one of the very few projects, (XRP being another) to release quarterly Financial Reports,https://ift.tt/2R5ZGP3 an unregulated market at present it is not compulsory, nor in any way is VeChain obligated to provide their financial dealings,"Based on the principle of ‘Transparency, Fairness, Openess’ and the commitment to the community, VeChain Foundation will disclose quarterly financial executive reports starting from 2017 Q4. We sincerely welcome the community to monitor the fund usage and the development process of VeChain Foundation."To all those naysayers who continue to maintain VeChain is somehow a scam, then what more can we say? There comes a point where you need to look at the evidence and make a rational decision, thanks for reading.​​​​​​

Submitted October 22, 2018 at 09:51AM

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