VeChain has announced a major new partnership, joining with Bright Foods (Group) Co. and Shanghai Xiandao Food to integrate the VeChainThor Blockchain into the food companies’ supply chain and data management systems: “from crop to retail”.
Bright Food has over 90 Chinese and overseas subsidiaries, including four publicly listed companies, bringing in ￥160 billion RMB (approximately $25.3 billion) annually. Under the terms of the partnership VeChainThor technology will be integrated into “the core of Bright Food’s supply and processing chain” while the collaboration with Shanghai Xiando Foods will “research further uses of blockchain technology and cold-logistics solutions.”
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