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  • In the fight against the coronavirus, the VeChain-based Real Items is verifying over 200,000 breathing masks daily by using the VeChainThor blockchain.
  • The authenticity can be checked via the packaging of the breathing mask with the WeChat app or the stock camera.

The coronavirus has hit the crypto market, the economy and people worldwide hard. This extraordinary situation has brought the world closer together and has prompted fund-raising campaigns such as the Italian Red Cross, which collected more than 2 BTC, and the Stellar Lumens Foundation’s fundraising campaign. Real Items and VeChain are also involved in the fight against Corona.

Real Items verifies breathing masks

Counterfeiting unfortunately also occurs with vital products such as breathing masks and respiratory protection devices. To prevent this from happening, Real Items helps to verify the authenticity of more than 200,000 breathing masks per day on the VeChainThor blockchain. Already at the end of February Real Items launched its VeChainThor based marketplace. All offered products are equipped with NFT chips, which confirm the authenticity of the products and contain further information on product origin and place of manufacture.

Real Items has now announced that its next product will be breathing masks from the Tricol Group manufacturer and that the company, in cooperation with VeChain, will support people around the world in the fight against the coronavirus. The company has the capacity to verify 200,000 respirators per day by implementing an NFT chip that connects to the VeChainThor blockchain.

Roger Lee, Senior Department of Health Officer at Dossier Health, USA, was pleased that the Food and Drug Administration of the United States of America (FDA) has approved the import of KN95 masks, as these masks, which originate from China, are cheaper to produce and import in larger quantities and can help the population.

Real Items took up this statement on Twitter and confirmed that the company helps to verify PPE masks respirators and that they meet the high quality standards of N95 masks. Important for buyers and users is the possibility to verify the authenticity of the products.

For this reason, a QR code on the packaging of the breathing mask can be scanned with the WeChat App or stock camera, which then verifies the authenticity and contains further helpful information such as place and time of manufacture as well as documentation of which other locations along the supply chain the product has passed through. The VeChain foundation cooperates in the field of product verification with well-known companies such as the Chinese Anhui Tea Association, which provides access to VeChain technology to more than 600 companies.

VeChain wins further heavyweight as partner

At the beginning of April, the VeChain Foundation announced that it has entered into a cooperation with the Chinese natural gas giant Shanghai Gas to build an “Energy-as-a-Service” ecosystem. At the beginning of April the company was enthusiastic about the first results of the pilot project, so that the further development aims at extending the use of VeChain to all business processes.

VET’s price shows a minus of 3.29% to a price of $0.004 within the last 24 hours. With a market capitalization of $249.89 million, VeChain ranks 32nd among the largest cryptocurrencies.

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This article is provided for informational purposes only and is not intended as investment advice. The content does not constitute a recommendation to buy, sell, or hold any securities or financial instruments. Readers should conduct their own research and consult with financial advisors before making investment decisions. The information presented may not be current and could become outdated.
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