VeChain & DNV GL’s My Story blockchain solution integrates with Haier’s Ecological Alliance
DNV GL continued their busy Spring by completing the integration of their My Story digital assurance system with Haier’s Ecological Alliance. The Haier Ecological Alliance is a cooperative alliance based on the clothing industry, home appliances, furniture, and IoT-related enterprises and institutions, including research organizations and non-profits.
Haier is a multinational conglomerate and world’s top producer of home appliances, owning nearly 10% of the global market share for major appliances. According to a 2018 report, they own the third most valuable brand in all of China, trailing only the State Grid (national electricity company) and Tencent (WeChat). They own a number of global brands, including GE Appliances.
My Story, which is built on the IoT platform by DNV GL and the VeChain blockchain, is integrated with Haier’s clothing networking platform to provide exclusive customized solutions for apparel companies within the ecosystem. This includes embedding RFID tags and QR Codes that track information about the materials, design, and brand of clothing. All this is verified by DNV GL and uploaded to the blockchain, empowering consumers with more knowledge of the products.
The first products of this partnership on the blockchain are viewable here. The initial participants in this clothing alliance are YeeHoO英氏, HLA, and a few other companies as listed on the Haier Ecological Alliance’s website.
All this is part of Cosmoplat, Haier’s massive digital industrial solutions platform that includes industry giants such as Bosch, Alibaba, Cisco, Huawei, and many more. More details will be announced in April, in Hannover Germany.
An additional Chinese Source is listed here.