- A new partnership has been announced between VeChain, DNV GL, and Haier IoC
- The partnership will work towards incorporating blockchain into the world’s first ever apparel lifecycle tracking platform
VeChain has found itself involved in a number of partnerships over the years such as those with Actiware and BMW.
Now, they have found themselves entering into a tripartite partnership along with DNV GL, and Haier IoC. This new development was officially announced at the “Global Release of the Achievements of COSMOPlat Industrial Internet Eco Brand Platform” event on April 1, 2019.
The event itself served to exhibit Haier’s newest technological advances and to introduce their new brand partners for their COSMOPlat Platform, which acts as their ecological backbone and is the world’s first platform that gives third parties access to participate in the industrial process.
What The New Partnership Means
The goal of this new partnership is mainly to integrate the VeChainThor blockchain-based clothing traceability solution into Haier’s IoC platform in order to facilitate the Digital Carbon Ecosystem (DCE).
By doing this, the VeChainThor solution will become one of the integrated technologies that the platform will use and will help improve the efficiency and security of the platform and all its processes.
There will also be a focus on the deployment of My Story™, which is a joint project between DNV GL and VeChain specifically for the clothing industry. On top of this, there will be the integration of DCE with Haier IoC platform. The Haier IOC platform is designed to track the lifecycle of apparels and is the first in the world to do so. The end goal of all of this is to make use of blockchain in various possible ways to track the lifecycle of apparel.
Some use cases already identified include smart shopping, smart inventory management, and tracking using the VeChainThor Blockchain.
A Team Effort
Each participant in this partnership has a unique role to play to ensure its success.
Haier will be handling user resources, the deployment of VeChainThor Blockchain-based My Story™ and the application of the carbon reduction model to the Haier washing machines.
DNV GL will be responsible for providing verification and consultations to both Haier and VeChain during the execution of this project.
VeChain will be providing blockchain tech support and consulting services, as well as facilitating the development of Haier’s IoC platform.
