Via its official Twitter handle, the VeChain Foundation confirmed a meeting with government officials from three important Chinese districts. Representatives from Shanghai, Changing, and Huangpu visited the organization’s office in Singapore.
Per the report by the VeChain Foundation, the representatives from the enterprise blockchain platform and the governments talked about “potential transformative collaborations”. The organization claimed to be “ever-ready” to help all sectors from private companies to governments.
A separate report published by the Chinese website ChainNews states that the Deputy Director for the Changing District, Pan Min, “repeatedly” praised VeChain’s technology and business development.
The meeting was attended by Dr. Ziheng Zhou, Chief Scientist of VeChain Technology, Bing Wang, Director of Human Resources, Yiyun Xia, Director of Marketing and Public Relations, and Diyun Gong, Executive Assistant to the CEO.
VeChain Global Technology has petitioned for a patent with the U.S. federal agency Patent and Trademark Office (USPTO). Filed on April 22
nd, 2021, the application seeks to register methods, devices, blockchain nodes, and a system for carbon recording and trading, per the document published by the agency.
The patent has been attributed to Jianliang Gu, Xinli Tian, and Ziheng Zhou, VeChain’s Chief Technical Officer (CTO). The document describes the method to obtain data related to carbon behaviors on different objects and then converting that data into corresponding carbon data. Later, the information will be stored in a blockchain-based platform for subsequent trading as a transaction.