The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
The Daily Hodl
No Result
View All Result

VeChain Goes Global With Logistics Giant to Revolutionize Supply Chain Management

by Daily Hodl Staff
June 18, 2018
in Altcoins

VeChain, a leading blockchain platform offering service solutions for business enterprises, announced a partnership with DB Schenker, one of the world’s leading global logistics providers.

DB Schenker is the transport and logistics division of Deutsche Bahn and manages a network of over 68,000 logistics experts in 2,000 locations. The logistics giant powers most of Europe’s freight companies, dominating management solutions for air, ocean, rail and land transport. It also handles contract logistics around the globe.

VeChain’s partnership with DB Schenker puts VeChain at the pinnacle of real-world use cases for blockchain which has been highly touted as a transformative technology that can overhaul legacy systems by offering greater transparency and more efficiency while lowering costs.

In addition to the European market, Singapore-based VeChain will gain exposure to China where DB Schenker collaborates with third-party logistics providers. The goal is to create a worldwide logistics network.

VeChain is proceeding with caution and clarity around the complexities of building out the platform with respect to third parties as it will require being able to measure the performance and service quality of multiple business partners.

The partners are launching a decentralized application (DApp) that allows DB Schenker to evaluate and score any suppliers in the ecosystem. According to VeChain’s announcement, the evaluation platform is the first of its kind, allowing DBSchenker to utilize the blockchain for supplier management purposes.

Blockchain has spawned a sea of initiatives and projects that are fueling the crypto craze. Detractors have pointed out that adoption is slow, while developers have been working on interoperability between legacy systems and new blockchain-based protocols. To bring blockchain enterprise solutions to market, developers are also focusing on scalability and speed.

The Frankfurt-based logistics giant DB Schenker is also the largest freight operator in the UK, where it operates the British Royal Train used by Queen Elizabeth II and the Royal Family, and has a long-term contract with Hitachi Rail. Because DB Schenker operates in 140 countries, representing 71% of the globe, market penetration potential for VeChain is immense.

 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Submit a Press Release

Industry Announcements

  • MultiBank Group Confirms MBG Token TGE Set for July 22, 2025
    July 11, 2025
  • PEPESCAPE Launches Crypto Presale, Combining Memecoin Culture With Decentralized Finance Ecosystem
    July 10, 2025
  • Aptos Labs Expands Leadership With New Chief Business Officer
    July 10, 2025
  • Falcon Finance Unlocks Real-World Asset Utility With First Live USDf Mint Using Tokenized Treasuries
    July 10, 2025
  • MBG Token Pre-Sale Set for July 15 – Only Seven Million Tokens Available at $0.35
    July 10, 2025
  • YZi Labs Invests in Aspecta To Pioneer Universal Price Discovery Infra for Trillion Illiquid Assets
    July 10, 2025
  • NovaEx Launches With a Security-First Crypto Trading Platform Offering Deep Liquidity and Institutional-Grade Infrastructure
    July 9, 2025
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$118,802.83
$118,802.83
1.09%
Ethereum
$2,995.50
$2,995.50
1.83%
BNB
$691.13
$691.13
0.66%
Solana
$162.74
$162.74
1.57%
XRP
$2.85
$2.85
4.53%

Spotlight

  • Hot FOMO Bull Market for Bitcoin Likely Approaching As BTC Indicator Begins To Inch Upward: PlanB
    July 6, 2025
  • Marathon Digital CEO Fred Thiel Warns Bitcoin Treasury Companies Becoming ‘Saturated’ – Here’s His Forecast
    July 6, 2025
  • $3,300 Drained From Wells Fargo Account After 72-Year-Old Falls for Notorious Scam – Why the Lender Is Refusing To Reimburse
    July 6, 2025
  • Fraud Mastermind Carries Out Slew of Inheritance Scams Targeting Elderly and Vulnerable Americans: DOJ
    July 6, 2025
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Covering the future of finance, including macro, bitcoin, ethereum, crypto, and web 3.

Categories

Bitcoin • Ethereum • Trading •
Altcoins • Futuremash • Financeflux •
Blockchain • Regulators • Scams •
HodlX • Press Releases

 

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON X

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2025 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise

© 2025 The Daily Hodl