Vechain (VEN) has emerged second in the 2018 LVMH innovation award! This is a big deal, and Vechain investors should rejoice and to take pride in it. That’s because out of all the projects that were in this competition, Vechain was the only blockchain project that made it to the top. Also, many see this as a number one position considering that Vechain lost to a French company. The French president has been pushing French tech in the recent past, and it’s only natural that it’s a French company that won.
However, the biggest win for Vechain from this award is in terms of adoption potential. Thanks to this win, it is clear that the business world is ready for blockchain solutions that go beyond payment solutions. Vechain definitely garnered more opportunities for integration, especially with manufacturers looking to streamline their business operations.
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