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VeChain Teams Up With Grant Thornton Cyprus For Launching Advanced Blockchain Solutions

The world’s major enterprise-friendly public blockchain VeChain has made a strategic partnership with Grant Thornton Cyprus which is known as one of the “largest professional services network of independent accounting and consulting member firms” in the world. The new partnership between these two aims at launching new advanced blockchain solutions.

Opening doors for companies to adopt blockchain

According to a report from Medium published on August 17, 2020, a partnership agreement has been signed up between VeChain and Grant Thornton Cyprus. The basic purpose of this partnership is to launch various new blockchain solutions. The partnership will open up doors and opportunities for various industries in the network of Grant Thornton Cyprus to adopt new advanced blockchain solutions.

Source: Twitter

The industry of logistics, pharmaceutical, and the food industry are one of those who are currently looking to integrate advanced blockchain solutions. As per the partnership agreement, these industries will be able to use the advanced blockchain solutions provided by the VeChain blockchain.

The need for digital solutions

While commenting on this partnership, the Co-Founder and CEO of VeChain Sunny Lu said:

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“The pandemic has been an imminent restructuring of the global economic order, which emphasizes the urgency of accelerating digitalization which enhances the need for digital solutions in the post-pandemic. We are dedicated to exploring more business scenarios with our partner Grant Thornton Blockchain Cyprus and are excited with what’s to come as a result of this partnership.”

Thousands of companies are there who want to implement blockchain technology for exploring the new world of opportunities. This partnership between Grant Thornton Cyprus and VeChain will create doors for them.

The Director of Distributed Ledger Technology at Grant Thornton Cyprus Alexis Nicolaou is of the view that the VeChain ToolChain’s vast range of apps will assist them in fulfilling the needs of their clients. Nicolaou said:

“Grant Thornton Cyprus is investing in partnerships with leading businesses in the industry, so as to be able to meet the needs of its client base and other local and foreign companies. The extensive range of applications that VeChain ToolChain™ offers, will help us in meeting those needs in the most effective and efficient manner”.

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Mubashar Nawaz (United Arab Emirates)

Mubashar Nawaz is an experienced crypto writer working for Tokenhell. Having passion for writing, he covers news articles from blockchain to cryptocurrency.

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