How does ViLink work? What are its use cases?
Earlier, Xiaobian has introduced what is chain-only and chain-only use cases
Let's take a look at some of the most important use cases of VeChain technology. However, this is not a detailed list. You can view more Dapps VechainWorld libraries.
1. Food safety
Blockchain-based solutions may lead to a more transparent food economy in the scope.
The Internet of Things (IoT) equipment applicable to VeChain can be deployed throughout the supply chain, including commodities, vehicles and warehouses. Subsequently, the information based on environment and location from these devices can be submitted, verified and stored on the VeChainThor blockchain in a tamper-proof and scattered way. That solution has worked for many enterprises including Shenzhen Yuhongtai Food.
Forgery in the luxury market is a serious problem. According to the connected encrypted chip, the chip is then used to record and track logistics, warehousing, maintenance and resale, which can ensure the authenticity of the owner. This product has been tracked with the luxury wine of the above products imported directly from overseas Gaoqiao, and the detection of Renault luxury auto parts.
3. Health records
The medical record system is known to be outdated. Instead of using inefficient and unsafe recording systems to obtain laboratory results, such meaningful data can be stored on the blockchain, and only patients and other authorized parties can browse. The VeChain-based E-HCert application will be promoted to patients in Cyprus Mediterranean Hospital and Aretaeio Hospital in 2021.
4. Tracking carbon emissions
Promote carbon emission reduction based on tracking carbon emission activities. This solution enables customers to participate in energy conservation plans.
When smart products such as vehicles or household appliances show a reduction in carbon generated by customers, they can receive credit lines suitable for energy services. China's electric vehicle brand BYD has already used the Vechain solution.
Having said that, I believe you have a certain understanding of the working principle and use cases of only chain. In general, VeChain is ambitious and has occupied an important position in the Chinese market. Relying on the reliable projects of large enterprises that have been operating on the VeChainThor blockchain, the enterprise has proved to be able to help enterprises establish useful blockchain technology procedures.