Logistics, government and medical industries stand to benefit most from blockchain technology – PWC and Vechain study on Blockchain usage in China

https://www.pwchk.com/en/press-room/press-releases/pr-090518.html Summary follows: 2018 Market Survey Report for (Non-financial) Application of Blockchain in China The respondents are mainly VeChain's and PwC’s clients. Respondents were from nearly 20 industries. The quantitative research data came from people who had a considerable level of knowledge and research on Blockchain technology: Only 48.4% of respondents who have a “basic... Continue Reading →

PwC Purchases Stake In Blockchain-Service Provider VeChain, Will Integrate Platform

PricewaterhouseCoopers (PwC), a multinational audit and consultancy firm, has acquired a minority stake ‎in Chinese startup VeChain, according to a press release May 4. VeChain Global Technology Holding Limited is a blockchain service provider specializing in anti-counterfeiting, supply chain management, and the Internet of Things (IoT). With this move, PwC reportedly intends to integrate VeChain’s... Continue Reading →

Why VeChains VEN is not $10+

VeChain posted their quarterly executive Summary We can summarise that there are three key points as to why VEN prices are low. Companies are not buying VEN on the open market. Rather they are buying it from the Enterprise Investor Pool. 33 million VEN were sold from the private supply. Because of this closed market... Continue Reading →

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