- VeChain will attend MWC2024, where its CEO, Sunny Lu, will speak, raising expectations of announcements of collaborations with well-known brands.
- The partnership with Walmart China shows how VeChain improves product traceability, anticipating future collaborations with other major brands.
VeChain’s presence at Mobile World Congress 2024 (MWC2024) in Barcelona, with CEO Sunny Lu scheduled to speak, marks a highlight for the company and its supporters.
The lack of details on the subject of Lu’s talk has generated speculation among the VeChain community, with expectations of possible announcements of collaborations with well-known brands.
#VeChain is set to speak at a massive conference alongside Jim Dukhovny, founder of @AlefAeronautic, known for their development of flying cars priced at $300,000 per vehicle. I'm incredibly excited to see if the announcements will focus on supply chain, tracking, or perhaps… pic.twitter.com/ERE7jVGXgU
— Marcel Knobloch aka Collin Brown (@CollinBrownXRP) February 12, 2024
This event, one of the largest in telecommunications and connectivity, attracts 90,000 participants, including leaders and important decisions in the sector. VeChain participation in MWC2024, focused on improving connectivity, coincides with the company’s strengths in supply chain and traceability solutions through blockchain, demonstrating its competence in applying this technology in real-world scenarios.
VeChain’s partnership with Walmart China is a clear example of how blockchain technology can be effectively applied to track products, improving transparency and efficiency. This cooperation, which introduced 23 traceable product lines, anticipates future partnerships with other major brands.
The anticipation around Sunny Lu’s keynote, reinforced by the participation of personalities such as Nobel Laureate Sir Konstantin and AlefAeronautic’s Jim Dukhovny, indicates that VeChain could be preparing major announcements or collaborations that would expand its influence in the market.
The recent 13% rise in the last week shows a positive market response to this news.
This increase not only reflects confidence in VeChain but also the company’s ability to grow and extend the use of blockchain technology across different sectors.
Thus, VeChain’s attendance at MWC2024 and the presentation of its CEO represent an event that could mark an important breakthrough for the company, boosting interest and adoption of its blockchain solutions, as well as consolidating its position as a blockchain project with real applications and value in the business sector.