VeChain CEO Sunny Lu said on February 12th how excited he was to be going to Brussels, to meet with the Belgian Deputy Prime Minister. Alexander De Croo, who is also Minister for Digital Agenda and Telecomms, will discuss with Lu how VeChain might help with his digital economy initiatives for Belgium.
\r\nDe Croo launched his \'Digital Belgium\' action plan in April, 2015, with the aim of promoting digital innovation to create growth and jobs. Its goal was 1,000 new start-up initiatives in the digital sector and an overall creation of 50,000 new Belgian jobs. De Croo wants Belgium to be in the top three of Europe\'s most digitally advanced countries by 2020.
\r\nAccording to European Commission statistics, Belgium was ranked sixth in 2017 on the Digital Economy and Society Index, third highest in connectivity and fifth for their integration of digital technology in business. Digital public services were still relatively weak, and the country’s key challenge was seen to be the improvement of its mobile connectivity.
\r\nVeChain is designed for anti-counterfeiting, and is a Dapp which can scan retail items that contain a VeChain chip with the product history stored on it. Its native cryptocurrency is the VEN, currently rated 20th in global market cap valuations, with a total market capitalisation of $2,085,222,483.
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