VeChain AssetLink: VeChainThor Physical Asset Management?

On April 13th, 2018 VeChain introduced AssetLink, a Joint Chain Management Application for Xiamen Innov, Corelink, and VeChain.

VeChain along with Xiamen Innov and Corelink have finished the development of the first version of dApp named AssetLink Manager. The decentralized application will utilize the combination of IoT technologies, the blockchain, artificial intelligence and cloud technologies to be used by enterprises to track physical assets, inventories, and corresponding outputted data.

VeChain to further its partnership with RFID leader Xiamen Innov and newly announced top enterprise solution provider CoreLink by deploying a VeChainThor enterprise level decentralized application – AssetLink.https://t.co/tgopOwkjoV

— VeChain Foundation (@vechainofficial) April 13, 2018

Xiamen Innov Information Technology Co. LTD [Innov] is a manufacturing company that is primarily known for their RFID products. Innov worked with VeChain towards integrating VeChainThor technology in a wide range of solutions. Smart Corelink, a strategic partner with Aliyun, and Alibaba’s cloud computing subsidiary is now a partner of VeChain, too. Corelink provides application software development services, cloud platform software services, and hardware supply chain services to its clients.

Until the mainnet releases, Xiamen Innov and Smart Corelink will be working to onboard their existing customers onto this service providing robust supply chain management, smart appliance solutions, and product lifespan analytic modules that provide immense value as defined by their pilot members. This will, in turn, provide smart contract, transaction, subchain and data aggregation management, as well as the integration of Distributed Data Vending.

VEN is a must have for crypto investors. Part of the reason is that because DNV-GL and Price Waterhouse Coopers (PWC), both established enterprises chose them as their blockchain. VeChain has a reputation of knowing how to work with enterprises and are able to focus on customers.

Earlier this month, VeChain was selected as the only blockchain startup companies to be hand picked for [Louis Vuitton Moët Hennessy] LVMH Innovation Award which is a huge accomplishment.

As the only blockchain company selected, VeChain is among 30 of 800+ hand-picked startups to compete for the second edition of the LVMH Innovation Award. As a result, VeChain has been invited to join the Luxury Lab LVMH at Viva Technology in Paris from May 24-26, 2018.

— VeChain Foundation (@vechainofficial) April 14, 2018

Just by looking at VeChain’s partnerships, master nodes, all-star development team and investments from legends like Jim Breyer and Tim Draper, it is safe to assume that they will break into top 5 AltCoins by the end of the year.