Why governance matters: Blockchain Governance with Peter Zhou and Max Ren

Why governance matters: Blockchain Governance with Peter Zhou and Max Ren

All projects and organizations need a governance system to make and enforce decisions. This is true whenever multiple actors collaborate regardless on whether it’s a governmental state, business or family. According to Thomas Cox (Chief Governance Officer at StrongBlock), In the case of blockchain, governance helps to deal with emergent issues that “transcend what the settled code can handle”.  

Different blockchains use different governance structures and during VeChain’s 8th webinar, Dr. Peter Zhou and Dr. Max Ren analyzed some of these processes and how effective they have been.

 

Bitcoin

As the first decentralized digital currency, Bitcoin was designed with free governance structure to avoid entities gaining too much power and authority and, ultimately, giving control to the users. Not having a systematic way make decisions, however, has led to inefficiencies and community conflicts. As an example, Dr Max Ren referred to the disagreements that occurred when dealing with Bitcoin’s scalability limitations. While different solutions such as increasing of block size or the lighting network are available, opposition and conflict of interest between core developers and miners has slowed the deployment of Bitcoin Improvement Protocols (BIP) and resulted in forks such as Bitcoin XT or Bitcoin Cash.

 

Ethereum

Ethereum on the other hand has a more methodological decision making process. New features are submitted to the Ethereum Improvement Proposals (EIP) repository, which are then discussed in the Fellowship of Ethereum Magicians forum and (with enough support) considered for development during All-Core-Devs Meetings. Core developers have the final say and decide whether a proposal is to be implemented or rejected by carrying a “rough consensus”. This gives developers significant power and, while not all of their identities are known, having a clear roadmap, the existence of the Ethereum Foundation and the presence of figureheads like Vitalik Buterin has helped guide the community and give direction to Ethereum’s growth. According to Hudson Jameson (Developer Liaison at the Ethereum Foundation), the community is also “taking up the torch to decentralize processes“.

Blockchain Governance

Ethereum Governance

 

EOS

EOS governance is influenced by its Proof-Of-Stake mechanism. In the network, 21 block producers are elected by token holders and given authority to confirm transactions.

Initially, EOS governance was set by rules in its Block Producer Agreement and Interim Constitution. According to the documents, block producers could only execute valid orders passed by the EOS Core Arbitration Forum (ECAF), which in turn was responsible for dispute arbitration and resolution. In June 2018, however, the constitution was breached when block producers decided to protect users from bad actors by freezing 7 accounts without prior ECAF consent. In the same month, a forged ECAF order requesting the freezing of 27 additional accounts was also discovered; creating internal conflict and causing the community to question the effectiveness of its governance processes. As a result, block producers eventually replaced the constitution with the EOS User Agreement (EUA) which, while it removes enables smoother decision making by removing the ECAF, does not include a “No Vote Buying” clause and gives block producers significant control voter the network. This has led to concerns about centralisation and collusion as reported in a recent Binance Research article.

Blockchain Governance

EOS Initial Governance

 

VeChain

VeChain’s governance model has been designed to balance decentralization with effective decision making. At its core, a stakeholder elected Board of Steering Committee is responsible for overseeing daily operations and resolving emergency situations.Token holders, however, have the final say on the implementation of fundamental changes.

New features can be proposed by both the Committee and the community (e.g. VIP-191 proposed by Totient) but need to be approved by a supermajority of Steering Committee members. Approved proposals are then presented to the community where Authority Masternodes and token holders with voting rights (i.e. node holders) can decide whether the to accept the new features. If the community does not agree, the changes are not integrated into the blockchain. To mitigate the influence from bad actors voting rights are only granted to long-term token holders that stake a minimum amount of VET for a minimum amount of time (allowing them to upgrade into a node). Depending on the amount of VET staked, users can upgrade to different nodes carrying varying voting power. This helps maintain voting integrity and ensures voters have the ecosystem’s best interest.

Blockchain Governance - Vechain's Governance System

VeChain Governance

VeChain’s governance structure allows fast action to be taken during emergency situations while keeping ultimate control with its users. The system proved to be effective when 1.1 billion VET were lost in December 2019. In response to the theft, the Steering Committee was able to immediately mobilize, contact the relevant stake holders and jointly release an emergency patch to freeze the stolen tokens. This helped mitigate the issue and by letting the community vote whether to permanently implement the temporary solution, token holders were able to decide the networks future, maintaining the blockchain’s integrity and decentralization.

To protect community voters from harassment  or being influenced to make certain decisions, VeChain is also developing an e-voting solution that will protect their privacy.

It is important to note though that network upgrades are still carried by VeChain core developers and therefore, for VeChain’s governance to succeed, the Foundation, Authority Masternodes and the Steering Committee’s actions need to remain transparent, ethical and accountable towards the community which so far appears to have been the case.

There is no perfect or “one size fits all” governance structure, however, VeChain’s system appears to be ideal for its enterprise-centric applications. Having an unstructured governance like Bitcoin could lead to slow upgrade implementations and inefficient decision making (turning businesses away). By balancing the role of the Board of Steering Committee and all stakeholders, VeChain gives users control over the network while being able to also take fast and effective actions to respond to sudden issues.

A recording of the video can be found below:

Buy VET at OceanEx
Buy VET at OceanEx

Latest Posts

Color Line AS achieves My Care readiness level from DNV GL and VeChain

Color Line AS achieves My Care readiness level from DNV GL and VeChain

Norway’s largest cruiseferry line, Color Line AS, has passed DNV GL’s My Care readiness level certification, helping it regain and maintain customer trust. The news come after Viking Line adopted DNV GL’s My Care assessment last month.

Color Magic, one of Color Line’s cruiseferry

According to DNV GL’s official announcement, the assessment “covers Color Line’s management systems, all the company’s six passenger- and cargo-vessels operating between Norway and Denmark, Germany and Sweden, and associated terminals”. As countries restart their economies and ease lockdown restrictions, updating and verifying a company’s infection prevention processes will be essential to avoid the chance of having a second wave. 

In addition to its shipping line, Color Line operates conferences and exhibitions, hotel operation, restaurants, shops, entertainment and tour production. If proven successful, Color Line could potentially extend its use of My Care to other services and business units within the group.

“Congratulations to Color Line on achieving the My Care – Infection Prevention Ready trust mark for its vessels. Actively building trust in its infection prevention efforts demonstrates Color Line’s strong commitment to ensuring adequate and compliant infection risk management measures” – Lin Jacobsen Hammer, Sustainability & Training Manager Norway at DNVGL – Business Assurance 

My Care readiness statement for Color Line’s shipping fleet

Color Line joins cruiseferry company Viking Line in being early adopters of the DNV GL and VeChain solution.

Buy VET at OceanEx
Buy VET at OceanEx

Latest Posts

Humans of Blockchain: Peter Zhou

Humans of Blockchain: Peter Zhou

Humans of Blockchain is our initiative to highlight the human side of the industry and showcase blockchain professionals around the world. The goal is to get to know the people pushing blockchain forward better and understand them at a personal level. Our previous post in the series was on Dimitris Neocleous and can be read here.


If there is a person that pops into mind when talking about VeChainThor’s technicalities, that is Dr. Peter Zhou.

With a PhD in Computer Vision and Gait Recognition from the University of Southampton, Peter has 10 years of experience in computer science research and development. As VeChain’s Chief Scientist and member of the Foundation steering committee, amongst other things, he is responsible for VeChain’s R&D efforts, university partnerships and IP protection.

Passionate about technology, he often shares his thoughts and knowledge on Medium, hosted a PoA2.0 – SURFACE webinar with Dr. Zhijie (Max) Ren and will be holding a third webinar on “Blockchain Governance” this coming Wednesday 22nd July 2020.

News and announcements usually cover VeChain’s business development achievements and we rarely hear about the people improving VeChain’s infrastructure and driving blockchain innovation behind the scenes. In this episode, Peter shares with us what it means to work with VeChain’s core developer team and why he is excited about blockchain technology.

Tell us about yourself and how you got into blockchain

I was first aware of Bitcoin in late 2016. Because of my curiosity of new technology, from time to time, I started to do my own research on bitcoin and later on shifted my attention to the more general subject of blockchain. 

It was until I met Sunny and Jay and had some inspiring conversations with them that I realized blockchain’s true potential to change our lives. When given the chance to join VeChain, it didn’t take me long to decide to join the team to start a new chapter in my life. 

Another important reason I got into blockchain is due to my long-time wish to be involved in developing technology that can be truly mass adopted and have significant business and social impacts. Blockchain is definitely going to help me achieve my goal.

You were previously a research scientist at the University of Oulu and University of Kent. Can you tell us more about it?

After I finished my PhD, I moved to the University Kent to join the European project called “3D Face” in 2007. It was a pioneering project that tried to use 3D facial information to enhance face recognition performance 10 years ago, despite the fact that 3D info has been regularly used for face recognition nowadays. 

After the project, I joined the machine vision research group at the University of Oulu, Finland. My research was part of the project “Affective human-robot interaction” and was focused on a specific research topic called visual speech recognition. Simply speaking, it is about recognizing what we speak by looking at the motion of our lips and tongues.

How did you find the transition into the business world? Were there any particular challenges?

Overall, the transition is challenging and still ongoing. Personally, I quite enjoy the process because it constantly pushes me to learn, innovate, reflect, and be a better person.

In academia, my sole aim, as a research scientist, is to advance the existing knowledge and technology in a certain research area. However, it is no longer the case. The biggest challenge for me has been to figure out how to fit in the role of the chief scientist with the goal of maximizing business and ecosystem values for VeChain. 

Compared with other CXO jobs, the chief scientist is a role that is less defined and more versatile. I’ve been doing things such as identifying and conducting crucial research work with a limited budget, communicating with/educating the community and general public, bridging our business and technical/research team at both directions, strategic thinking/planning, etc.

What are you most proud of about VeChain and why?

I am most proud of the determination of the VeChain team for our goal of mass adoption of blockchain technology.

We all know that things are changing extremely fast in the blockchain world. I’ve seen teams starting with a very ambitious goal, but distracted and eventually lost during the market pumps and dumps later on. 

We have been through the same kind of craziness, however, we have never forgotten the goal set at the very beginning. Of course, there have been many setbacks, but the team has been determined and kept going forward.

What has been the biggest challenge your team has had to face and how did you overcome it?

The biggest challenge is to convert research outcomes into real products. The difficulty is often caused by the knowledge gap between researchers and software developers.

On one hand, researchers are good at prototyping systems, but lack experience of real product development. On the other hand, it’s difficult for software developers to fully understand the theoretical significance and delicacy of certain solutions researchers come up with.

The way to overcome it is to have someone on the research side (very often it’s me) to go deeply into the technical details of the existing software system and then to bridge two sides through many constructive communications and discussions before and during the actual development.

What is VeChainThor’s current technical priority and how is the foundation approaching it?

The current technical priority is to make VeChainThor more secure and scalable, capable of supporting future growth of the VeChain ecosystem.

The team is currently working on upgrading the consensus from PoA1.0 to PoA2.0 that is theoretically more secure and scalable. We are also investigating solutions to the interoperability between blockchains using PoA2.0 to further increase throughput and expand the use-case scenarios.

Peter Zhou at a Google campus

The general public is becoming more aware of the benefits of blockchain. When do you think the technology will become mainstream and why?

I think that blockchain technology will become mainstream in the next five years. 

With the general public understanding more about the benefits and importance of blockchain tech, they are going to more likely accept and purchase products that use the technology. It will certainly push more and more enterprises to adopt blockchain tech. Being mainstream does not mean that most of us would start to use digital wallets and use dapps all day long. It means that our daily activities would somehow depend on blockchain although we might not directly feel or see the existence of blockchain. Products such as the VeChan ToolChain will certainly act as a catalyst to speed up the adoption.

Where do you see VeChainThor in 5 years? What is your long term vision and how is the team planning to achieve this?

I can see in the next five years VeChainThor emerging as one of the major public value-chains associated with real-world business activities worth billions of dollars. My long-term vision is that VeChainThor is to become a global infrastructure-level decentralized data engine to facilitate business activities everywhere. 

Our blockchain will be constantly absorbing fine-grained business data labelled with confidence levels issued by assurance companies such as DNV-GL. These data will not only support the daily business that relies on the immutability and quality of the data, but also enables a highly efficient data market that incorporates AI and big data technologies. 

The team is currently building the foundation for the future. For instance, we are upgrading the mainnet consensus for better security and scalability; we are building ToolChain for engaging more businesses; and we are working with DNV-GL to start data verification (labelling).

What other blockchain projects excite you?

VeChain is always the best to me in terms of mass adoption of blockchain technology. From a purely technical perspective, I am also excited about Ethereum and Libra.

How would you describe yourself in 3 words?

Curious, adaptive and determined

What would be your superpower?

Teleportation

What is your guilty pleasure?

Playing with my daughter’s legos to build stuff

What are your hobbies?

Playing violin (learning together with my two daughters), reading and soccer

If you could go back to any moment in history where would you go?

I’d like to go back to witness the very beginning/birth of the mighty Bitcoin.

Who is your biggest inspiration and why?

My grandma. I lived with her for a couple of years at my very young age and we had been very close since then until she passed away. 

Grandma was an ordinary woman. She didn’t have a chance to attend schools, lived on a tiny pension, and didn’t have any impressive skill. However, her love for the family, optimism about the future and determination to overcome difficulties had constantly inspired me and shaped my personality somehow.

A fun fact about you?

I persuaded my daughter (by ice creams) to be my weight disc when the local gym was closed due to the pandemic.

What is the most adventurous thing you’ve ever done?

At age 6, I left my home alone without telling my parents, walked about half an hour from home to a bus stop and took the bus to my grandparents’ home which was a dozen stops away.

What was your first computer?

The Intel 486

Thanks to Peter Zhou for taking part in this article. We hope you enjoyed it.

If you would like us to profile someone in particular who is helping drive blockchain forward, let us know on Twitter and we’ll do our best to make it happen.

Buy VET at OceanEx
Buy VET at OceanEx

Latest Posts

Binance lists VTHO and a recap of Sunny’s AMA with Binance.US

Binance lists VTHO and a recap of Sunny’s AMA with Binance.US

Following their announcement to support VET staking, Binance.US held an AMA session with Sunny Lu on July 15th. The timing couldn’t have been better as 2 days later, Binance has listed VTHO on its international platform. This is a big milestone that reinforces VeChain’s fundamentals as in order to be listed, VeChain and VTHO would have needed to pass Binance’s screening process again.

Hosted by Catherine Coley, CEO of Binance.US, the session was a chance to learn more about Sunny and his experience in growing VeChain.

The interview started with a reminder of VeChain’s goal: to build the leading public blockchain platform that enables developers “to build valuable applications which can really transform technology value to business value”.

While VeChain is renowned for its supply chain use cases, as a smart contract platform it can be applied to a wide range of industries and applications. To prove this and in response to a question about potential solutions in the entertainment and social network industries, Sunny revealed that a music and movies related platform is being developed in Los Angeles and highlighted 8Hours Foundation’s PlayTable; a gaming hardware device that merges physical and digital elements into a fun experience, and which Sunny hopes will gamify children’s education.

“I would consider a small success in the near future when the number [of transactions] could hit like 1 million transactions per day”  – Sunny Lu

Talking about the future, Sunny envisions a VeChain powered world where people might use blockchain without even knowing it. For him success is not defined by token price but rather by the number of valuable daily transactions being created; stating that a short-term milestone is to achieve 1,000,000 daily transactions. More transactions, however, would mean higher business value and naturally increase the token’s intrinsic value.

In regards to its business oriented mindset, VeChain believes that business developers are as important as technical programmers and he values having an active community. Through initiatives such as the Community Contributor Awards, Community Video Contest or Bounty Rewards, the Foundation has been able to keep an engaged community with which the team can exchange ideas, obtain feedback and interact during seminars and meet-ups. According to Sunny, the community plays an important role in VeChain’s growth, sharing that “more than 50% of the business leads come from community members as many have strong professional backgrounds”.

“VeFam is the most friendly and also the most supportive community in the world. It’s just simply the best in the crypto world” – Sunny Lu

It’s not about the data and technology but rather the things you can achieve with them

VeChain’s decision to initially focus its blockchain efforts to tackle problems in supply chain might be linked to Sunny’s experience and network as the former Chief Information Officer of Louis Vuitton China.

Sunny shared how tapping into his old connections was essential to grow the project during the early days. Through Sunny’s professional relationship with Philippe Fortunato (at that time CEO of Givenchy), VeChain was able obtain a stock keeping unit (SKU) from Givenchy to test and prove the value of blockchain. Thanks to the success of their pilot, Givenchy now tracks 100% of its leather goods with VeChain.

According to Sunny, supply chain is a “low-hanging fruit” that enables companies to quickly reap the benefits of the technology and unlock new business opportunities. It’s not only about collecting data but rather creatively transforming the data into value. By analyzing the information H&M collected through its traceability solution for example, DNV GL was able to help prove and validate the company’s sustainability contributions and practices. 

Being adaptable, learning from business meetings and understanding the different needs, ideas and innovations required by businesses is something that Sunny enjoys. It broadens his view of the world and enables him to continuously grow. Listening to their clients’ needs, VeChain was able to expand its automobile solution from an immutable record to store a vehicle’s maintenance logs to a complete a carbon footprint ecosystem.

Having a flexible and agile mindset has helped VeChain and its partners to adapt to new situations; designing solutions such as My Care to demonstrate the role blockchain services can play in an ever changing society. 

In terms of his personal life, Sunny demonstrated his admiration for Vitalik, stating that Ethereum was critical in proving him that complicated business activities can be described in a blockchain and inspired him to start VeChain.

“Ethereum was out of this world. Vitalik is really a genius” – Sunny Lu

He also shared a quick overview of his daily routine, which starts at 6am and usually includes business meetings until 10pm. Sunny also commented on the importance of exercising and emphasized the support and understanding he receives from his family, something he really appreciates as he is often on the job and is unable to spend as much time with them as he would like to.

Author’s Viewpoint: 

In my opinion the AMA was good way to better understand Sunny as person. He has the skills and knowledge to bridge business with technology but more importantly, he has the enthusiasm, humility and self-awareness of a good leader, making him someone people would enjoy working with. During the Humans of Blockchain series, Sarah and Dimitris expressed great admiration for Sunny and now I can see why. It was exciting to see Sunny as (if not more) energetic, diligent and passionate as someone that just discovered blockchain. And with his business savvy, positivity and determination, I have no doubt that Sunny will continue pushing VeChain to the next level and continue to change the world through blockchain mass adoption.

 

A full recording of the AMA can be found below.

Buy VET at OceanEx
Buy VET at OceanEx

Latest Posts

VeChain Weekly Update (July 11th)

VeChain Weekly Update (July 11th)

It was a euphoric week for long-term VET holders as the price soared briefly over $.02 for the first time in years. This dramatic increase in price was fueled by anticipation for Sunny’s appearance at the WAIC on Thursday and other news becoming more widely shared on social media. Exchanges like OceanEx benefited, with the VET price pushing daily trading volume over $100 million (pictured to the right). The OCE token had its own rally, giving investors a taste of what the ecosystem is capable of when investor sentiment is positive.

Sunny delivers keynote speech at WAIC 2020, Walmart China also shows off

On Friday July 10th, Sunny gave a presentation for the “Blockchain, AI and Future Industries” category in the World Artificial Intelligence Conference 2020. The event took place in Shanghai until 11th July and showcased the globalizing trend of AI technology, industry and applications. Guests include representatives from companies like Amazon, Intel, Tencent, Microsoft, IBM. The hybrid event featured pre-recorded presentations interspersed with some live commentary.

A recording of his speech (in Chinese) can be found here from minute (4:10:44). It provided an overview of blockchain for business and examples of how ToolChain is being used to helps companies solve key industry pain points.

Walmart China’s presentation was perhaps even more of a talking point, as Dr. Yan Zhinong explained to the audience how Walmart China was using VeChain’s technology to provide product traceability while also complying to government specifications across the many cities and provinces that Walmart China operates in. Walmart China has received a lot of praise for their platform, which speaks positively to the effectiveness of these types of track-and-trace blockchain solutions.

Top 10 entries of VeChain’s official video contest announced

After assessing all the videos submitted to the VeChain Community Video Contest 2020, the team announced the top 10 finalists. Node holders can now vote for their Top 3 submissions via VeVote before July 12, 23:59pm UTC+8.

The official announcement and video playlist can be found here.

VeChainDev account releases 3rd SDK written in C#

The VeChain core development team released the .Net Core library SDK written in C# on July 6 . The SDK supports cross-platform and Unity, and is the core code base of the third language released by VeChain. It aims to provide a more friendly development experience for community developers, data analysts and other technology enthusiasts.

A preview of the code can be found on GitHub.

Mediterranean Hospital of Cyprus adds all of its lab tests to E-HCert

Following it’s pilot with COVID-19 tests, the Mediterranean Hospital of Cyprus has now extended its adoption of the E-HCert app by adding all of its lab tests to the app, besides just the COVID-19 tests that were used in the closed beta trial. This is a major vote of confidence for the application, which gives patients more control over their medical tests and data. 

 

Deadline for 8Hours Foundation’s “Limited Edition Voyager Treasure and VIM Giveaway” passes

On July 8th, a snapshot of all VeChainThor wallet address was taken. Addresses meeting the event criteria will receive exclusive VIM and EHrT rewards as soon as the special VIMs are minted. Owners can interact with their VIMs through both the VeChainThor Mobile Wallet or VeChain’s SYNC Desktop Browser. There was an unexpectedly high wallet distribution with over 1,000 eligible accounts.

Guangming Daily publishes an article about My Care

On July 9th, Chinese state media Guangming Daily covered a story about My Care and its importance to maintain public health protection by using health codes to verify the infection prevention measures of a location. The article included a detailed explanation of My Care, VeChain’s and DNV GL’s role in its development and sample venues that have passed the assessment such as the Shanghai InterContinental Hotel, Hongqiao State Guest Hotel or the Jiangsu Qingshan Conference Center.

The reporter also mentioned a signed Memorandum of Cooperation between Walmart and the Chinese Quality and Safety Supervision Department of the Ministry of Agriculture and Rural Affairs to coordinate the construction of a quality and safety traceability system for agricultural products.

The original article can be found here.

Sunny attends the Huangpu District Headquarters Salon as a surprise guest

Organised by the Shanghai Huangpu District Financial Office, PwC, Yuanhe Medical and two additional companies, the Huangpu District Headquarters Salon took place on July 9th. The event gives government officials in Shanghai and representatives of leading enterprises from various industries to share their development experience and discuss current affairs and new industry opportunities. As a surprise guest, Sunny was invited to give a speech about VeChain’s commercial application and the contribution of blockchain technology to the prevention and control of COVID-19.

VeChain is featured in Global Blockchain Applications report published by Shanghai government

During the WAIC 2020 conference, the Shanghai Municipal Commission of Economy and Informatization and the Shanghai Finance Information Association released a joint report entitled 2020 Global Blockchain Innovation Applications. The report analyzes existing blockchain applications and showcased several of VeChain’s working partnerships such as with Shanghai Gas, Walmart China and H&M.

Learn what the report had to say about VeChain here.

Binance.US explains VeChain and announces support for VET staking

On July 11th Binance.US published an introductory article about VeChain and confirmed that it will support the distribution of VTHO to VET holders. The official articles can be found here and here

The new Vulcan Forged marketplace goes live

Vulcan Forged announced its new fully functional marketplace that is currently being tested by the community. The official announcement and video tutorial can be found here.

CoinGecko integrates Hacken’s CyberSecurity Score to Rankings

CoinGecko has been rising in popularity recently as investors seek an unbiased ranking site for cryptocurrency metrics. Their Trust Score, created in May of 2019, is designed to rank exchanges based on their ethics and security.

Today we’re proud to announce that we have found the right partner – Hacken, to work on this initiative together to increase user awareness on the need for exchanges to improve their cybersecurity practices. 

Hacken is a cybersecurity firm established in Estonia that has been proactively tracking exchanges cybersecurity practices in the past 2 years through their work at CER.live. In particular, we looked at the CyberSecurity Scores for crypto exchanges as evaluated by the Hacken team. There are three main categories which were evaluated:

  1. Product & Infrastructure – This covers how well an exchanges’ frontend & web services are set up against external facing threats. Evaluates availability of features such as Server Security, DNS SEC, Firewalls, Spam Protection and more.
  1. User Accounts – This evaluates the ability of an exchange to protect its users against external threats, such as enforcement of 2-factor authentication (2FA), Password Policies, Captcha, Phishing protection and more.
  2. Others – No less important than the above – Hacken also considers any previous hack cases & the availability of bug bounty programmes which can help crowdsource vulnerability disclosures in a responsible and controlled manner.

To read the whole blog article, click here.

Hacken’s CEO Dyma Budorin then held a fireside chat with CoinGecko’s COO Bobby Lee, which you can read about on Medium.

Suzhou’s Qingshan Conference Center publishes article about My Care certification

On their official WeChat account, the conference center published an exhaustive list of preventative measures they took to ensure the safety of guests and staff. The hotel had been subject to a series of inspections and training led by DNV GL’s medical experts. The article also included a render of the certificate awarded to the hotel, which explained the validity of the certificate was subject to the requirements of regular and unannounced surveillance. This indicates that a My Care certification could contribute regular blockchain transactions as the business or facility is consistently inspected.

 

Did we miss something? Let us know on Twitter.

Follow our new Twitter account for the latest in news, opinions, metrics, and other wholesome information on the world of VeChain. 

 

 

Don’t forget to check out the new community announcements channel on Telegram, where news, articles, and Tweets will be collected to keep subscribers informed. You can find it over at: https://t.me/VeChain_Eco_Announcements

 

 

 

Buy VET at OceanEx
Buy VET at OceanEx

Latest Posts