VeChain’s (VET) has been chosen by NSF International as the preferred blockchain network for its COVID-19 Safety Protection Certification. The move has succeeded in marking VeChain as a trusted brand in the global public health ecosystem, according to a blog post by CREAM on August 22, 2020.
VeChain (VET) Reaches Another Significant Milestone
These are exciting times indeed for VeChain (VET), a distributed ledger technology (DLT) project that claims to be focused on creating real-world use cases for blockchain technology, as the platform has attracted another highly reputed organization into its ecosystem.
Per sources close to the matter, NSF International, a U.S.-based organization whose primary objective is to improve global human health, by facilitating the development of public health standards, while also testing, auditing and certifying products and services, has integrated VeChain into its processes.
As the world keeps looking for ways to effectively contain the ravaging COVID-19 pandemic, NSF International has hinted that it plans to launch the COVID-19 Prevention Control Practice (PCP) powered by VeChain (VET).
NSF International says its COVID-19 PCP will function as the standard certification and assurance system for consumers, retailers, and regulators.
It will be recalled that VeChain and its partner, DNV GL launched the My Care infection risk management solution for enterprises earlier in June 2020.
Notably, CREAM, a blockchain and crypto advisory firm promoting VeChain adoption, has described VeChain’s adoption by NSF International as “direct evidence that VeChain is trusted in the global public health sector.”
How the NSF PCP Works
When the NSF International PCP finally goes live on the VeChain blockchain, relevant stakeholders will be able to obtain critical information concerning the COVID-19 risk management practices of enterprises by simply scanning a QR code embedded in NSF certificates.
“With VeChain’s technology, risk management systems associated with COVID-19 infections become much more robust and efficient, harnessing the power of a public blockchain to deliver complete data transparency. Stakeholders, from companies to customers, are now able to trust each other, being fully assured of the resulting quality of data logged in a transparent and immutable way.”
In related news, BTCManager reported on August 21, 2020, that VeChain (VETT) has introduced a new blockchain solution aimed at making it easier for businesses to maintain sustainable practices.
At press time, the price of VeChain (VET) is up by 3.36 percent in the past 24-hours, trading at $0.018527, with a market cap of $1.03 billion, as seen on CoinMarketCap.