VeChain News Today – Headlines for October 23

  • VeChain now powers the Intelligent Tumor Center at Renji hospital
  • VeChain, DNV GL, and Renji Hospital in Shanghai joined forces for the solution
  • At press time VET was 2.39% up on the day and trading at $0.011450

VeChain news today – The decentralized network VeChain, has added a new collaboration to its long lists of partners. The company has partnered with a familiar entity DNV GL. VeChain and DNV GL teamed up with the Shanghai Renji Hospital to create an intelligent tumor center. According to the report which was published on October 20, the new tumor center will be powered by DLT (distributed ledger technology).

In a new significant development for the VeChain network (a project focused on helping enterprises solve real-world issues with Blockchain technology), VeChain has announced that its innovative technology has been adopted by the Shanghai Renji Hospital. Located in Shanghai, Renji Hospital is one of the leading healthcare providers in Asia.

VeChain, DNV GL, and Renji Hospital in Shanghai Collaborated for the Solution

VeChain, and its longstanding partner DNV GL, and the Shanghai Renji Hospital joined forces to provide the solution. They created an intelligent Blockchain-powered tumor center. According to data given by the World Health Organization, malignant tumors and neoplasms are the number two cause of death around the world (accounting for 9.6 million deaths in 2018). Health experts have predicted that global cancer rates could double this year if there isn’t any prevention campaign in place.

VeChain, DNV GL, and the Shanghai Renji Hospital worked together to establish the new intelligent tumor center. The objective of the center will be to promote global health through tumor prevention and treatment with the latest technologies. At press time, the team hasn’t released any detailed information about the project, the medical records of its patients will be stored on VeChainThor. This will help to protect the data from unauthorized access.

VeChain is Doing Great Things with Blockchain Technology

The Shanghai Renji Hospital was established in 1844. It is a municipal tertiary hospital with ties to the University School of Medicine, Shanghai Jiaotong. The hospital houses 1,600 patient beds and 2.1 million emergency cases. The hospital conducts 28,000 surgeries every year. Note that the Shanghai Renji Hospital initially partnered with VeChain in May 2019. At the time it joined the Digital Carbon Ecosystem program that was created by (familiar foes) VeChain and DNV GL.

In other reports, on October 14, BTCManager reported that VeChain has officially joined the DeFi decentralized finance movement after it launched VexchangeIO. Vexchange IO is powered by VeChainThor. When this content was published, the price of VET was up by 2.39% in the last 24-hours. It is changing hands at $0.011450. The coin has a market cap of $736 million.

Princess Ogono is a writer, lawyer and fitness enthusiast. She believes cryptocurrencies are the future. When she's not writing, she spends time with her adorable cat, Ginger and works out often.


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