Leading Chinese Tea Producer Adopts VeChain (VET) for Supply Chain Management | BTCMANAGER
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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. VeChain revealed on its official Twitter account and claimed the innovation has been indexed in the Chinese National Important Products Traceability System.
Yunnan Pu’er Tea on the VeChain (VET) Blockchain
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.
During the event, Qian Chengcheng, CBO of VeChain, was quoted saying:
“As the leading enterprise-friendly public blockchain platform, VeChain is committed to powering the real economy and releasing the untapped business value by reliable blockchain technology. 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. In addition, this use case can be used as a reference for other regional premium agricultural products such as Yangcheng-Lake crab and Wuchang rice.”
The representative from the Department of Commerce of Yunnan Province, Mr. Lu Xiutian also offered a speech, urging that great significance should be attached to the blockchain-based tea traceability platform which he believes would foster transparency and boost the reputation of Yunnan tea.