VeChain signs massive partnership with Chinese company Bright Food

16 May, 2018
by Ryan McInally
News
VeChain signs massive partnership with Chinese company Bright Food

This partnership allows VeChain to integrate their cold-chain logistics into Bright Food’s entire supply chain and data management systems. Bright Food is the second largest food manufacturing company in China with profits estimated around $25 billion per year.  

Bright Food’s is wholly owned by the Shanghai Municipal Government and operates in 93 different domestic and foreign subsidiaries, with four publicly listed companies. VeChain hopes to revolutionize the way state-owned and multinational enterprises conduct business across their supply chain. VeChaiin’s cold-chain logistics allows for companies to track the quality of products in real time from field or sea to a person’s kitchen table.  

VeChain uploaded a video their cold-chain logistics, which shows how their products will be integrated into existing markets.

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Read more about: VeChain (VET)

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