Singapore-based VeChain received a second prize from more than 800 candidates for innovation awards from Louis Vuitton (LVMH), the world’s largest producer of luxury consumer goods.
This year, 30 candidates were selected from 800 candidates by Viva Technology, a prestigious startup conference in Paris, opened by French President Emmanuel Macron. Of these 30 candidates, VeChain was also the only Blockchain company.
VeChain is a Blockchain ecosystem of information traceability shared by companies and consumers to verify product authenticity. So it is close to the heart of the world’s largest luxury consumer company.
The candidates evaluated an impressive jury consisting of Slack’s founder Stewart Butterfield, artist and investor Nas and Alibaba’s CEO Daniel Zhang.
The news came in May, which was great for VeChain, who signed some impressive partnership deals over the weeks we left behind. Earlier this month, VeChain announced that he had partnered with PwC, one of the world’s largest audit companies, and after a while he reported that he understood China’s second largest food company, BrightFoods.