VeChain to Power DNV GL’s Infection Risk Management Solution to Tackle COVID-19

In an announcement dated June 26, 2020, Singapore-based supply chain project VeChain (VET) stated that the VeChain ToolChain BaaS Platform would be used to support DNV GL in launching a blockchain-powered infection risk management solution called My Care. VeChain, a distributed ledger technology (DLT) project focused on eliminating the pain points associated with the current global supply chain infrastructure will use its blockchain-as-a-service (BaaS) platform to launch My Care – a blockchain-enabled infection risk management solution aimed toward assessing, managing, and mitigating “infection risk in management processes, business dealings, and operations for enterprise users.”.

On June 17, the Finland-based enterprise issued a press release stating it would use My Care verification system to cover all its seven vessels and operations in six terminals, and prevent infection risks, including those associated with COVID-19. According to the blog post, My Care is a suite of independent assessment services developed to aid enterprises provide assurance to stakeholders about effective virus risk management practices at place.

Timeline of Vechain