On the 9th of September 2020 during the on-going impact of the COVID-19 pandemic, VeChain, in conjunction with DNV, introduced the blockchain-based risk self-assessment application, VeTrust. Built on the VeChainThor public blockchain, it combines DNV's infection risk management methodology and track record of providing globally recognised compliance standards to help entities manage COVID-19 risk factors. Following adoption by hotels such as InterContinental Shanghai Hongqiao NECC, VeTrust has been steadily expanding its presence, developing new usage scenarios across various industries in China. Currently, over 200 public areas are onboarded into the VeTrust platform.
On the 22nd of June 2021, during an event held by the People's Government of Suzhou New District, VeTrust was showcased as one of the Top 10 blockchain applications and was formally acknowledged by officials.