VeChain operates in a number of verticals including, pharmaceuticals, liquor, automobile, luxury goods, retail, logistics, supply chain, food and cold storage and more.
An example of one of the IoT solutions they can provide is cold chain solutions. VeChain uses propietry IoT sensors to track key metrics such as temperature, humidity and location information throughout the supply chain journey.
All data is transferred to the Vechain Thor Blockchain at each checkpoint on the journey, and any anomaly in data will trigger an alert.
The Blockchain is used to create an immutabe record of the product, that cannot be changed without leaving a trace on the blochain for regulatory authorities and customers to check.
Vechain embeds data management in every process, making cold chain logistics transparent, regulated, secure and reliable .