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VeChain Enables Real-Time Energy Tracking in Brazil’s Solar Revolution

VeChain is partnering with SolarWise, a renewable energy firm in Brazil, to revolutionize the solar energy industry through blockchain integration. VeChain's blockchain capabilities will be used to track data in a precise and immutable manner, increasing transparency and efficiency in the industry. SolarWise has already implemented the blockchain-based system at its solar farm in Paraná and is developing a DApp for real-time monitoring. SolarWise also plans to release a mobile application integrated with VeChain's blockchain, providing users with detailed insights into their energy production. The company aims to expand the use of solar energy by partnering with regional suppliers and allowing payment in VeChain's native coin, VET. The price of VET tokens has been volatile recently, experiencing both surges and declines.

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