VeChain is featured on Rupert Murdoch’s “The Australian”

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Last Updated on 3 August 2020 by CryptoTips.eu

Jeroen Kok

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VeChain, the small altcoin who is experiencing a fantastic 2020 (the coin is about 200% higher Year-To-Date), is featured on The Australian today. For those who don’t know what this is, this is the newspaper that started the journey for Rupert Murdoch, the billionaire media owner of companies like the Wall Street Journal and Fox News.

Advertentie.

MasterCard and Alibaba

The Australian is a common name in the country Down Under and is held in very high esteem for their business coverage. It was also the first national side of the country.

It is not really fully comparable with the American “Wall Street Journal” because this American newspaper of Murdoch only covers business, but in Oceania a mention in “The Australian” is almost the highest reachable for a startup or small business.

MasterCard, Alibaba back blockchain (VeChain) to track food, wine exports from Vechain

In an article called “MasterCard, Alibaba back blockchain to track food, wine exports”, The Australian explains how Australia’s massive exports can now be tracked on VeChain’s blockchain.

APAC Council

The coverage comes after VeChain was also featured on the Australian television two weeks ago. The crypto was discussed in an item that showed how supply chain fraud can cause problems for the Australian economy and its consumers.

Since Australia is one of the largest exporters to Asia, VeChain is particularly keen to control the blockchain for trading between Australia and China. Thanks to the cooperation with Alibaba and an entry into the APAC Council (Asia-Pacific Trading Council), this seems to be a good thing, but given the difficult political relations between Australia and China at the moment caused by COVID-19 (Australia wants an investigation into the origin in Wuhan), it could be somewhat delayed.

In any case, VeChain doesn’t seem to mind, the small crypto climbs to ever better news in 2020 and seems not planning to give up place 20 in the top 100 of CoinMarketCap.