Recently, VeChain attended the conference “The Capital 2019” held by CoinMarketCap from November 12–13 in Singapore. Every 100 parts of the limited version series of The Capital Artworks, driven by VeChain ToolChain, were exhibited and presented to VIP speakers.
VeChain attended #TheCapital and partnered with @CoinMarketCap to showcase a limited edition artwork series powered by VeChain ToolChain. @sunshinelu24, co-founder & CEO at VeChain, stressed the importance of generating long-term value using blockchain. https://t.co/5FYizu0xSz
— VeChain Foundation (@vechainofficial) November 13, 2019
It is the first historical event launched by the CoinMarketCap, which is the most frequently visited cryptocurrency website, with over 3.6 billion sessions and 125 million effective clients around the globe. Besides, The Capital 2019 conference aims to assemble all stakeholders in various sectors of the crypto world, which includes start-ups, academy, enterprises, and several others to have meaningful discussions around blockchain.
For this event, VeChain has associated with CoinMarketCap to exhibit the usability of VeChain ToolChain. This association includes the presentation of a limited version series of artwork developed by CoinMarketCap, particularly for VIP members. VeChain was launched in 2015; it aspires to associate blockchain technology to the present world by giving a complete governance structure, IoT integration, and a powerful economic model, according to VeChain News.
Besides, The Capital 2019 conference intends to bring significant awareness and effect on the use of blockchain in the art Industry. Moreover, this will mutually increase the trust among vendors and purchasers.
Co-founder & CEO of VeChain, Sunny Lu, presented a keynote speech at the conference saying that,
VeChain aims to exploit the massively untapped business world and generate long-term network effect and value creation by blockchain technology, making VeChainThor Blockchain the most valuable public blockchain for enterprises. As a one-stop comprehensive blockchain solution, VeChain ToolChain enables enterprises to effortlessly integrate data and assets with blockchain to enhance collaboration with external parties and add value to its business, which is the major positive attribute for us to achieve the vision in the future.
Further, The VeChainThor Blockchain and VeChain ToolChain had been increasing substantial business results in different fields, by delivering the combination and usage of blockchain technology in different enterprise associates. This incorporates H&M, Walmart China, and LVMH, with confirmed use cases in businesses, like fashion, supply chain, Logistics, LNG, and several more. This joint effort among VeChain and CoinMarketCap demonstrates further potential for implementing blockchain technology in the art industry.
Head of Special Projects at CoinMarketCap, Spencer Yang, remarked in his speech that,
The Capital is established to examine the wide-ranging compliance of cryptocurrencies and blockchain. Meanwhile, featuring unique, friendly development toolsets, VeChain is dedicated to promoting the mass adoption of blockchain technology, which perfectly fits our rationale of partnership criteria. This series of a limited edition of artworks is a novelty presented for speakers, and a brand-new use case for VeChain ToolChain.
Additionally, on November 11, VeChain co-hosted The Capital Warm-up Party with OceanEx and CoinMarketCap, by assembling more than 500 participants around the world. The social event gave exclusive networking opportunities in the blockchain industry.
VeChain is as an empowering influence on the VeChain blockchain ecosystem. It is committed to promoting the adoption and execution of blockchain by utilizing the VeChainThor public blockchain platform to drive business value for the economy.