# VeChain News

Singapore-based blockchain infrastructure developer VeChain is set to embark on a groundbreaking partnership with the Mediterranean country of Cyprus to develop blockchain solutions for public service delivery and governance according to an announcement on October 26, 2018.  Operating Framework Invest Cyprus, the national Investment partner of the Republic of Cyprus...

Shanghai-based electric vehicle and battery supplier BYD is ready to install a carbon banking solution running on the VeChainThor public blockchain in all of its cars, the VeChain Foundation revealed in a Medium post on September 5, 2018. A bid to Reduce Carbon Emission Imbalance BYD, one of the largest...

The People’s Insurance Company of China (PICC), regarded as one of the largest insurers in the world, with over $126 billion in assets has recently partnered with DNV GL and VeChain to bring blockchain technology to the insurance industry. According to the announcement on September 1, 2018, PICC believes that...

The Xiongan government, in charge of building Chinese President Xi Jinping’s dream city the Xiongan New Area, has chosen Ethereum over NEO, a local blockchain network, along with its decision to employ New York-based blockchain studio ConsenSys as the blockchain consultant for the Chinese government. Unforeseen Decision ConsenSys is a...

Cryptocurrency billionaire Anthony Di Iorio, co-founder of Ethereum and early investor in Bitcoin, is turning towards the Chinese cryptocurrency market in hopes of repeating his investment success. VeChain and Qtum on Billionaire's List In an interview with Bloomberg on June 22, 2018, Di Iorio expressed his thoughts on the cryptocurrency...