Tuesday, October 19, 2021

Sunny Lu Finds Partner to Deliver VeChain Merchandise Case to European Union Markets

Sunny Lu, the CEO of the leading enterprise blockchain platform, VeChain (VET), has recently revealed that he was able to find a partner that would help push VeChain’s vision in the European Union (EU) markets.

Sunny Lu, who landed in Milan a few hours ago, stated that he recorded a major breakthrough in his first two hours in Italy.

Read Also: VeChain Launches Solution Aimed to Revolutionize the Way Sustainability Is Tracked In the Fashion Industry

According to Lu in the viral tweet, he was able to find a partner that would deliver VeChain merchandise case to European Union (EU) markets. He also joked that VeChain T-shirt could surface in Milan Fashion Show in the future.

Sunny Lu tweeted, “First two hours in Milan and had breakthrough to find partner to deliver VeChain merchandise/demo case to EU markets. Stay tuned. Maybe some day VeChain T-shirt could be in Milan Fashion Show. Lol.”

Read Also: VeChain Milestone: VeChainThor Mainnet Reaches 10,000,000 Blocks without Downtime

CTI Recognizes VeChain as One of the Most Eco-Friendly Public Blockchains

The Centre Testing International Group Co. Ltd., popularly known as CTI, the pioneer and leader in the TIC industry which provides one-stop solutions on testing, inspection, certification, calibration, audit, training, and technical services, has recognized VeChainThor as one of the most eco-friendly public blockchain networks in the industry.

In a report provided by CTI, the number of carbon emitted by VeChain blockchain in a year is compared to that of Bitcoin (BTC), Ethereum (ETH), and some proof-of-stake (PoS) blockchains such as Cardano (ADA).

The report further revealed that the total carbon emissions per year generated by VeChainThor is around 4.58 metric tons, approximately 2.4% of the carbon emission generated for mining a single Bitcoin (BTC).

Read Also: VeChain to Help Catalyze the Digitalization of Carbon Data and Help Facilitate China’s Emissions Reduction Initiative

CTI also said the total annual electricity consumption by VeChainThor is estimated to be 7581.31 kWh, relatively equaling the electricity used to process 4.3 Bitcoin or 51 Ethereum transactions.


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Tobi Loba
Tobi Loba is a passionate writer with over 3 million readers from all over the world. She graduated from a reputable university. She joined the crypto ecosystem about two years ago and has written lots of ebooks and articles in relation to cryptocurrency and blockchain projects.

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