Leading Chinese Tea Producer Adopts VeChain (VET) for Supply Chain Management
During the Shuangjiang Conference that was held on November 13, 2019, Singapore-based blockchain application platform VeChain, in partnership with Menku Rongshi, Yunlian, and Linova, announced the Yunnan Pu’er tea tracking platform powered by the VeChain ToolChain. The Conference, which was successfully held by the People’s Government of Shuangjiang County, had government officials in attendance from the People’s Government of Lincang City, Chinese Academy of Agricultural Sciences Tea Department, Yunnan Tea Traceability Association and many more.
The Yunnan Pu’er Tea Traceability Platform has a meaningful impact on the mass adoption of blockchain in the tea industry within Yunnan Province and across the domestic market. BTCManager on November 14, 2019, that the Singapore-based blockchain application platform was directly mentioned in a Chinese newspaper, People’s Daily, only a couple of days after Chinese President, Xi Jinping gave an iconic speech appreciating blockchain technology.
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