According to a post published on May 24, VeChain (VET) has a significant role in China’s Plastic Pollution Control. The post captions, ‘Vechain featured blockchain and carbon naturality and the ten billion market under the order of plastic limitation.’
Notably, VeChain is a leading enterprise blockchain platform. Besides, it continues to use the technology at its disposal to prove its capability in the supply chain sector.
Moreover, a diehard VeChain community member highlighted on a tweet how VeChain helps in plastic pollution control. In the post, he pointed out that,“Recently, a relevant person from the Environmental Resources Department revealed that the National Commission is formulating the Fourteenth Five-Year Plan of Action for Plastic Pollution Control.”
In addition, this will optimize the national plastic governance restriction order issued in early 2020. It will forward new requirements for companies in all industry sectors and creates unprecedented market prospects.
Furthermore, blockchain technology can help companies achieve transparent data, collaboration in the whole scenarios of raw materials, production, and application. Also, It can reduce the cost pressure brought by biodegradable materials, improve management and production efficiency.
Lastly, it can accumulate credible data for enterprises and attract corporate users with sustainable concepts.
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