Introducing Assetlink, a Joint Supply Chain Management Application of Xiamen Innov, Corelink, and VeChain

VeChain Foundation
Apr 13, 2018 · 3 min read

In late December 2017, VeChain and Xiamen Innov Information Technology Co. LTD (Innov) announced together their combined efforts to integrate VeChainThor technology in a broad range of solutions.

Innov is one of the few premium high-end RFID developers that is publicly listed from Xiamen with the stock ticker of NEEQ: 430525. Innov serves as a diversified leading manufacturing company and specializes in research, production, and sales winning “Top 10 Most Influential IoT Project” by China IoT. Innov’s products include high-end flexible printed circuit boards, IC package substrates, unique electronic materials, RFID tags, RFID readers, radio frequency antennas, power adapters, and more. With already established partners such as Coca-Cola, Hyundai, Von Braun Labs, Samsung, Lenovo, Huawei, Coolpad, ZTE, APPLE, DELL, ASUS, VeChain was primed to integrate solutions that mattered for their end users.

Through this partnership, Smart Corelink Co. 芯联 (CoreLink), has also joined as a partner of VeChain. As a strategic partner with Aliyun, Alibaba’s global cloud computing subsidiary, Smart Corelink offers hardware supply chain services, application software development services, cloud platform software services, cloud computing partners, and communications operator partners to their clients.

Together, Xiamen Innov, Corelink, and VeChain have finished the development of the first version of an enterprise level decentralized application (dApp) that will utilize the combination of IoT technologies, blockchain, artificial intelligence and cloud technologies to be used by enterprises to track physical assets, inventories, and corresponding outputted data. This decentralized application is named AssetLink Manager.

From now until the release of mainnet, Xiamen Innov and Smart Corelink will be working to onboard their existing customers onto this service providing robust supply chain management, smart appliance solutions, and product lifespan analytic modules that provide immense value as defined by their pilot members. The solution will provide smart contract, transaction, subchain and data aggregation management, as well as the integration of Distributed Data Vending. Xiamen Innov and Corelink see this dApp as a true competitive advantage and are already seeing results from this innovation.

The creation of AssetLink from two nationally trusted service providers enables VeChainThor to continue to onboard high-end enterprise users and operate as the central protocol facilitating solutions to the world’s most robust use cases.

AssetLink is the first enterprise-grade supply chain management solution presented on VeChainThor, and will be among a multitude of solutions applied across industries and marketed to enterprises in the coming months. The ever-growing number of companies implementing our solutions make us confident to say that VeChainThor is the leading public blockchain solution utilized by enterprises.

VeChain Foundation

Written by

The VeChain Foundation is a non - profit entity established in Singapore.

Welcome to a place where words matter. On Medium, smart voices and original ideas take center stage - with no ads in sight. Watch
Follow all the topics you care about, and we’ll deliver the best stories for you to your homepage and inbox. Explore
Get unlimited access to the best stories on Medium — and support writers while you’re at it. Just $5/month. Upgrade