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VeChain Spotlighted in Academic Study: Blockchain’s Role in E-Commerce Carbon Reduction

Author: Content Editor
The research paper titled "The Impact of Disclosure Information Level Based on Blockchain Technology on the Joint Decision Making for Carbon Reduction and Pricing in the Fresh E-commerce Supply Chain" recognizes the role of VeChain in E-commerce carbon reduction. The study highlights VeChain's integration for enhancing brand image and consumer trust in food safety. It also mentions VeChain's partnership with Walmart to establish a blockchain traceability platform in China, which has processed over 200 million transactions. The report also discusses JD.Com's partnership with diary brands to build a blockchain anti-counterfeiting and traceability platform. The study acknowledges the overall impact of blockchain technology, including its use by Bumble Bee Foods to track product information and sustainability. However, it notes that many fresh e-commerce supply chains have not fully adopted blockchain technology. VeChain has initiated initiatives to address carbon emissions, such as launching a Carbon calculator tool. At present, VET is trading at $0.0198, with a 10% decline in the last seven days.

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