On the 9th of September 2020 during the on-going impact of the COVID-19 pandemic, VeChain, in conjunction with DNV, introduced the blockchain-based risk self-assessment application, VeTrust. Built on the VeChainThor public blockchain, it combines DNV’s infection risk management methodology and track record of providing globally recognised compliance standards to help entities manage COVID-19 risk factors. Following adoption by hotels such as InterContinental Shanghai Hongqiao NECC, VeTrust has been steadily expanding its presence, developing new usage scenarios across various industries in China. Currently, over 200 public areas are onboarded into the VeTrust platform.
On the 22nd of June 2021, during an event held by the People’s Government of Suzhou New District, VeTrust was showcased as one of the Top 10 blockchain applications and was formally acknowledged by officials.VeTrust among the Top 10 blockchain applications (bottom-left)
In the pursuit of more effective top-down COVID-19 risk management, the local government has been using the VeTrust platform to visualize the process of infection risk management for all administrative areas in the district. It covers a total of 95 residential communities and over 300,000 residents (as of 2021), with immutable, trustless proof of hygiene compliance being securely shared with the government daily.The VeTrust Dashboard Visualiser Used by Local Government
VeTrust provides a standardised framework for self-assessment in infection risk management, assisting community officials in their management duties. The level of readiness of a certain community will be assessed by a weighted calculation, displayed visually as QR codes (Green — Conformity, Yellow — Readiness, Red — Nonconformity). Through the VeTrust dashboard, other public officers such as administrati...