OrionOne Inc. and VeChain revealed their plan to collaborate on merging their distinct systems on Wednesday. The partnership will accelerate the use of blockchain solution in the logistics industry. According to VeChain, the partnership “enables OrionOne to provide organizations a simple and speedy integration pathway for adopting blockchain technology in their company.”
The only proven player in the industry with respect to blockchain and distribution chain is VeChain, according to OrionOne CEO Tommy Stephenson. No other organization can match their cheap cost, speedy implementation, and user-friendliness. “We are pleased to incorporate their blockchain platform into our solutions in order to expand VeChain’s customer base.”
As the blockchain sector grows, businesses are looking for methods to implement blockchain technology without causing operational disruptions. In an attempt to manage firm resources throughout the supply chain, OrionOne intends to implement blockchain technology. Blockchain has the ability to enhance bookkeeping, regulation, and dispute administration in the logistics business while lowering expenses.
“The presentation layer that links framework to particular business needs is a significant hurdle to widespread implementation. OrionOne streamlines the data collection technique and makes blockchain’s benefits clear and simple to implement. In exchange, this benefits corporate customers time and cash while keeping them on the cutting edge of distribution chain technology.”
The improved OrionOne system with VeChain will be available as of Monday, August 15th. VeChain (VET) is a flexible L1 smart contract framework and an enterprise-ready system. In 2015, VeChain was a closed consortium group that investigated possible blockchain application cases in collaboration with other enterprises.
