VeChain, the blockchain project, has revealed that it will be attending the Mobile World Congress in Barcelona, Spain. The CEO of VeChain, Sunny Lu, will be delivering a speech at the event, although the specific topic has not been disclosed, leading to speculation among the VeChain community.
VeChain has announced its participation in the renowned Mobile World Congress 2024 (MWC2024), where CEO Sunny Lu will be speaking on February 28. Lu will be joined by Nobel Laureate Sir Konstantin in the “Partners to Game Changers” keynote track. The VeChain community is eagerly awaiting the event, speculating on potential strategic partnerships with well-known brands. Marcel Knobloch, also known as Collin Brown, a crypto commentator, predicts that the presentation may focus on supply chain and tracking, or possibly something unexpected. Knobloch also confirmed that VeChain’s CEO will share the stage with Jim Dukhovny, the founder of AlefAeronautic.
The Mobile World Congress is a massive conference recognized as one of the most influential telecom and connectivity events globally. With an expected attendance of 90,000 people, the MWC attracts key players, decision-makers, and innovators in various telecom sectors, including device manufacturers, mobile service providers, technology providers, and digital services.
The theme for the 2024 Congress is “powering connectivity,” and Snowflake, a sponsor, is set to play a role. Phil Kippen, the Global Industry Leader at Snowflake, highlighted the significance of the event and expressed excitement about demonstrating the value Snowflake brings to leading telecom companies and the innovative solutions and partnerships that will drive the industry forward.
VeChain has gained prominence as one of the fastest-growing blockchain projects, with numerous real-world use cases spanning different industries. In November 2023, VeChain secured a US patent to further its commitment to pioneering solutions. The project also announced a strategic collaboration with Walmart China, resulting in the launch of 23 product lines. Walmart has been exploring blockchain traceability since 2018 and has successfully traced various products, such as mangoes, leafy greens, and dairy products, back to their origins, enhancing transparency and efficiency in its supply chain operations.
The announcement of VeChain’s participation in the Mobile World Congress has significantly impacted the price of VET. In the past 24 hours, VET has surged by 4.7%, and over the last seven days, it has seen a 13% increase. With a bullish sentiment and a market cap of $2,288,302,433, VET is currently trading at $0.03144.
