Why Amazon Cooperates With VeChain (VET)

this can catapult the VET price to $0.50 after the current crisis.

Guenter Ederegger
Coinmonks
Published in
3 min readNov 9, 2022

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Thumbnail made by Günter Ederegger

Blockchain technology helps with live tracking and analysis of energy consumption. Earlier this year, the VeChain Foundation and Amazon Web Services partnered to develop a carbon-neutral digital infrastructure that enables businesses to manage their carbon footprint and meet their emissions goals.

Amazon is further expanding the partnership by working with Shanghai Exploration Chain through Amazon’s cloud technology division. Through this partnership, Amazon will provide trusted carbon management for businesses using Dual Carbon — a key feature of VeChain’s VeCarbon.

Amazon

As a leader in cloud technology, Amazon Cloud Technology is leveraging its years of experience in the field to help customers explore digital innovations. Amazon helps customers learn about these digital innovations through Acceleration Week Innovation.

Attendees of this event can leverage Amazon’s network to connect with Amazon cloud technology partners. Amazon Cloud Technology’s latest Acceleration Week began on October 31 and ended a few days ago, on November 4, 2022.

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Guenter Ederegger
Coinmonks

Head of Service | Working for the Mclaren F1-Team | Fan of Crypto