As a renowned European certification body, TÜV Saarland is accredited by DAkkS, the national accreditation body of the Federal Republic of Germany. TÜV Saarland’s blockchain service certification methodology is based on established blockchain service assessment standards and cutting-edge expertise and experience within TÜV Saarland. This model and rating system is so highly regarded that their blockchain certification model has been approved for use by the Administration of certification and accreditation the People’s Republic of China (CNCA) in China.
The methodology applied by TÜV Saarland Shanghai included performing strict audits around the blockchain-based services provided by VeChain, assessing such things as technical scalability, network reliability, and practicality of the application. In response to the strict requirements set out by the body, VeChain had to demonstrate compliance with regulations in all jurisdictions and provide detailed reports for TÜV Saarland, providing a detailed overview of its blockchain services, including industrial blockchain applications. , technical documents, business development plans, technology service delivery, acceptance records and more.
With technical strength and market-proven blockchain use cases, VeChain has been certified as the first 5-star blockchain service provider approved under the TÜV Saar rating.
This certification uniquely positions VeChain’s blockchain technology in the corporate and business world. In a sector where companies are reluctant to adopt emerging technologies, this certification would exceed our competitive advantage over other blockchain platforms. Ultimately, as we gain recognition and trust, the VeChain ecosystem will thrive and lead to more usage and partnerships, directly contributing to the value creation of our blockchain ecosystem.
Thorsten Greiner, Managing Director of TÜV Saarland, said: “TÜV Saarland has an extremely professional certification team, with not only a deep understanding of blockchain technology, but also a wealth of field experience. TÜV Saarland’s certification standard aims to set a benchmark. at the industry level and to help blockchain service providers improve their competitiveness in As the first company to receive five-star service certification, VeChain has demonstrated its benefits and has the potential to link more digital systems from large-scale business or government projects. “
Sunny Lu, co-founder and CEO of VeChain, said, “Our strategic partners, PwC and DNV GL, have provided us with professional compliance advice to iterate blockchain technology and develop industrial blockchain applications for enterprise users. We are honored to have achieved this certificate and will look for ways to improve further. Faced with the impact of COVID-19, many decision makers are looking for new business recovery capabilities and new growth points, which can be effectively supported by VeChain’s blockchain services. “
About TÜV Saarland certification
TÜV Saarland is an internationally renowned organization, founded in 1871 in Germany. Its certification body is accredited by DAkkS, the national accreditation body of the Federal Republic of Germany, according to ISO 17021 and ISO 17065 standards. In addition, it is one of the 40 organizations in the world which is authorized to certify the automotive standard IATF 16949. The IATF certification is controlled by the Quality Management Center of German Automobile Industry Association (VDA-QMC).
Launched in 2015, VeChain Technology is a global business-friendly blockchain company that aims to connect blockchain technology to the real world by providing businesses with blockchain-based solutions tailored to their business needs.
It offers VeChain ToolChain ™, a low-code blockchain-based SaaS platform that enables corporate clients to rapidly build and drive a digital transformation on a global scale, enabling the evolution of a distributed and seamless ecosystem. trust.
VeChain Technology is a pioneer of real-world blockchain applications, with international offices in China, Singapore, Luxembourg, Japan, France, Italy and United States. With strong independent development capabilities, combined with professional compliance advice from our strategic partners, PwC and DNV GL, VeChain has established partnerships with many leading companies in various industries including Walmart China, Bayer China, BMW Group, BYD Auto, PICC, H&M Groupe, Shanghai Gas, LVMH, DIG, ASI Group etc.