The partnership will help digital programs become more adaptable to the needs of customers
DNV GL starts cooperation with the VeChain blockchain start-up to launch a more efficient and transparent record of asset ownership.
Both companies announced that they would meet to develop a blockchain platform for tracking food and beverages, as well as clothing and retailing.
A “maximum program” includes the application of this solution in the aerospace industry, according to a press release.
DNV GL is known for advising companies on ways to increase efficiency. In this case, the company announced that it will develop a registry for its customers that contains information about assets whose entries will be unchanged.
Luca Crisciotti, executive director of the firm, said that a partnership with VeChain will help digital programs become more adaptable to the needs of customers, especially when collecting data.
VeChain launched its own VEN token in 2016.
“Our Digital Assurance Concept will provide consumers with an unprecedented opportunity to obtain detailed information about the product and supplier, to the extent and with such precision that was not possible before,” says Krishotti’s statement.