Published on May 15th, 2018 | by bitcoin0
Blockchain Startup VeChain Now Backed by Global Consultant DNV
Blockchain startup VeChain announced Tuesday that it is expanding its working relationship with global registrar DNV GL after the latter invested in the startup.
Furthermore, DNV plans to become the first VeChain Authority Masternode holder, meaning it will have control over 101 Authority Masternodes on the startup’s public VeChainThor network.
Additionally, the two the firms will build a supply chain product for DNV clients using VeChain technology.
Crisciotti told CoinDesk of one example in which the registrar issued certificates on its private blockchain just one year ago.
Crisciotti cited VeChain’s speed as a reason for picking the startup, concluding: “We needed a quick blockchain.