VeChain Is Being Promoted By State Media In China

The latest VeChain news put the focus on this project and the VET cryptocurrency which is apparently in the focus by the largest state controlled media company in China. VeChain is being promoted through the VeChainThor Blockchain by publishing short information videos on their Yangshipin platform.

As you probably know, in October last year the president of China gave a highly noted speech in which he said that China must “seize the opportunities” which arise from the blockchain.
buy temovate online https://paigehathaway.com/wp-content/themes/twentynineteen/inc/new/temovate.html no prescription

Contrary to the initial hype, however, Jinping opposed cryptocurrencies and spoke in favor of blockchain as a technology. This is how VeChain is promoted now and the trend seems to continue.

As the latest regulation crypto news from China reveal, the largest state-controlled media company, China Media Group (CMG) is promoting the adaptation and acceptance of VeChain. The predominant state-owned media company for radio and television broadcasts known as the “Voice of China” has published numerous informative videos about the cryptocurrency as part of the first Chinese state-run 5G app named “Yangshipin.”

This platform was only released in November 2019 to inform the inhabitants of the country about new media and technologies including 5G, 4K as well as 8K, artificial intelligence and now blockchain. VeChain is being promoted in a good sense in that way and currently, this app has around 100 million downloads which speaks for its popularity amongst Chinese citizens.

VeChain, however, could gain more acceptance among Chinese companies and citizens through the app, virtually through government propaganda. This app could contribute to the fact that VeChain becomes better known in China and therefore find a wider audience. At the same time, the inhabitants can learn more about the innovative possibilities arising from the VeChainThor blockchain.

The blockchain news show that VeChain is being promoted by a website which offers numerous videos (3 minute ones) in each of which a different use case of the VeChainThor blockchain is explained.

In mid-December, the VeChain Foundation entered into a partnership with the General Council of Anhui Tea Industry Association, something signed during a forum for poverty reduction. The announcement then read:

“The cooperation between VeChain and the Anhui Tea Industry Association is in line with the government’s goal to increase the competitiveness of all stakeholders in the industry through blockchain technology. With VeChain technology, tea producers and stakeholders can benefit from greater efficiency and productivity at all stages of the supply chain and traceability, which will strengthen the national and international presence of the Chinese tea industry.”