The VeChain Foundation has announced a partnership with Shopping.io, an international e-commerce platform that integrates crypto payments. Consumers can use VET tokens to make purchases on Amazon, eBay, Walmart and Etsy.
The VeChain Foundation has announced a partnership with Shopping.io
In addition, VET holders can benefit from a 2% discount on all items, from electronics, news, everyday items and more. The discount will be available for another week from today. Arbel Arif, founder and CEO of Shopping.io, provided the following information about the partnership with VeChain.
“VeChain is certainly a great success for Shopping.io thanks to their passionate community and enduring quality services in the sector. We look forward to seeing what else this partnership can bring. ”
This cryptocurrency platform is one of the few that allows its users to use their cryptocurrencies for online shopping. In addition to VET, Shopping.io offers its consumers support for a hundred different tokens. The platform has two native tokens called SPI and GSPI. These can be used when purchasing to get additional discounts. According to the official contribution of the company:
“(…) We believe in the power of absolute freedom when it comes to e-commerce and changing the industry for the better. Another partner of our VET ecosystem is expanding the tool to other platforms! ”
VeChain is reaching a higher level as it gains in importance in China
The VeChain Foundation has recently announced important partnerships. This includes e-commerce, the environment and other industries. The organization was part of the summit on food safety in the Chinese Alliance for Animal Health and Food Safety (CAFA) on July 7, 2021.
This organization consists of some of the biggest names in the industry, such as Starbucks, Unilever China, Mars China, YumChina and Cargill and many more. VeChain is the only public blockchain provider for this alliance. During the summit, the foundation addressed the potential of traceability in agriculture, which connects and transforms the entire value chain, from producers to customers and government agencies.
The CFAA operates directly under a government institution called the China National Agricultural Science and Technology Innovation Alliance. VeChain’s participation in the summit, organized by the Ministry of Agriculture of the People’s Republic of China, demonstrates the importance of this platform for the Asian giant.
The Alliance has decided to build a traceable system using blockchain technology. Members of this initiative will be able to record, share and secure data on the VeChainThor blockchain. This increases trust between final consumers and companies.