Country for PR: United States
Contributor: PR Newswire New York
Monday, November 18 2019 - 11:00
AsiaNet
VeChain, Together with ASI Group and DNV GL, Announced the First Cross-continental Logistics And Trades Solution Based on Public Blockchain for Food & Beverage Industry On The 2nd CIIE
SHANGHAI, Nov. 18, 2019 /PRNewswire-AsiaNet/ --

VeChain, the leading enterprise-friendly public blockchain platform, attended 
The China International Import Expo 2019 (CIIE) ( 
https://c212.net/c/link/?t=0&l=en&o=2644399-1&h=3770498875&u=https%3A%2F%2Fwww.ciie.org%2Fzbh%2Fen%2F&a=The+China+International+Import+Expo+2019+(CIIE) 
). Held from November 5 to 10, the CIIE is a major initiative of the Chinese 
government to give firm support to trade liberalization and economic 
globalization.

Photo - https://mma.prnewswire.com/media/1029994/VeChain1.jpg

In the first CIIE, VeChain showcased various blockchain solutions to 
enterprises and government officials. This year, together with its strategic 
partner DNV GL, VeChain announced a tripartite collaboration with ASI Group ( 
https://c212.net/c/link/?t=0&l=en&o=2644399-1&h=2052220161&u=http%3A%2F%2Fgroup-asi.com%2F&a=ASI+Group 
) to initiate the first cross-continental logistics and trades solution powered 
by the VeChainThor public blockchain for food & beverage industry named 
Foodgates. It is the first platform powered by a public blockchain with 
verified and certified information of the full lifecycle of the products. The 
announcement was made on November 7, during the press conference organized by 
the France China Committee ( 
https://c212.net/c/link/?t=0&l=en&o=2644399-1&h=3306484757&u=http%3A%2F%2Fwww.comitefrancechine.com%2F&a=France+China+Committee 
), which belongs to the Mouvement des Entreprises de France ( 
https://c212.net/c/link/?t=0&l=en&o=2644399-1&h=3927887581&u=https%3A%2F%2Fwww.medef.com%2Fen%2Fwho-are-we&a=the+Mouvement+des+Entreprises+de+France 
), the leading network of entrepreneurs in France with more than 750,000 member 
firms.

Before the conference, French President Emmanuel Macron attended the opening 
ceremony of CIIE and discussed how to push pragmatic cooperation with President 
Xi Jinping on this 55th anniversary of China-France diplomatic relations. 
Meanwhile, he introduced Chinese President Xi Jinping to Limousin Label Rouge 
Beef from Limousin Promotion imported by Foodgate.

As a company specialized in logistics, supply chain and global trade, ASI Group 
now joins hands with VeChain and DNV GL to develop the Foodgates, which aims to 
provide a world premium, blockchain-powered platform for consumers of high-end 
food & beverage products.

Mathieu Borge, Co-founder of Foodgates, ASI Group, said: "We developed a 
blockchain-powered solution which connects the best of French products to 
Chinese buyers, aiming at bringing transparency and traceability to the 
French-Chinese B2B market."

"The immutability of public blockchain coupled with verifiable information 
makes this solution really unique. We see the massive potential of this 
collaboration, as the products are reaching out to an enormous market in 
China," said Kevin Feng, the COO at VeChain.

Powered by VeChain ToolChain(TM), Foodgates enables Chinese buyers to purchase 
excellent French products with total assurance about the origin, quality and 
safety. French producers could also have a direct access to the Chinese market, 
which creates a trustworthy bridge between both ends.

Experts from VeChain provided comprehensive technical support, from underlying 
public blockchain protocol, the VeChain ToolChain(TM) APIs to the business 
consulting. DNV GL will assure that transparent and consistent data are logged 
onto the VeChainThor public blockchain.

On November 8, a gourmet dinner was co-hosted by ASI Group, VeChain and DNV GL. 
Over 50 distinguished guests, including government officials, French and 
Chinese journalists, and executives from industries were served with beef and 
pork imported from France by the Foodgates.

On October 24, Chinese President Xi Jinping underscored the importance of 
blockchain in technological innovation. The adoption of VeChain blockchain 
technology is facing unprecedented opportunities.

VeChain will stick to our vision of powering the real economy. With the market 
maturing and evolving, there will be even more use cases developed on the 
VeChainThor public blockchain in the near future.

About ASI Group

ASI Group supports businesses at every step of their growth and Supply Chain 
international development. With a set of different companies in Logistics and 
Freight Forwarding, Global Trade and Supply, has been business facilitators 
between Europe in China, acquiring a strong expertise and network in both the 
European and Asian continents over the years, working with big1 retailers such 
as Auchan, Carrefour, BYD, Metro, etc.

About DNV GL

DNV GL is a leading provider of risk management and quality assurance services. 
The company is also a global leader in certifying management systems of 
companies across all types of industries, including F&B. Since 1864, its 
purpose has been to safeguard life, property and the environment. Passionate 
about safety, quality and integrity, companies turn to DNV GL to make complex 
decisions with confidence. DNV GL helps them manage their most critical risks 
and demonstrate compliance with regulations and standards.

About VeChain

Launched in 2015, VeChain aims to connect blockchain technology to the real 
world by providing a comprehensive governance structure, a robust economic 
model, and IoT integration. VeChain is the pioneer of real-world applications 
using public blockchain technology, with international operations in Singapore, 
Luxembourg, Tokyo, Shanghai, Paris, Hong Kong, and San Francisco. Together with 
our strategic partners PwC and DNV GL, we have established cooperative 
relations with many leading enterprises in different industries, including 
Walmart China, BMW, BYD Auto, Haier, Bright Food, D.I.G, DB Schenker, PICC, etc.

For more information about VeChain, please follow our twitter @vechainofficial 
or visit our official website www.vechain.com.
 
Photo - https://mma.prnewswire.com/media/1029995/VeChain2.jpg 
Photo - https://mma.prnewswire.com/media/1029996/VeChain3.jpg 
Photo - https://mma.prnewswire.com/media/1029998/VeChain4.jpg 
Logo - https://mma.prnewswire.com/media/738233/Vechain_Logo.jpg

SOURCE VeChain

CONTACT: press@vechain.com
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