VeChain and the 188 Business Alliance Association are joining forces to create data solutions for logistic parks and warehousing zones within cross-border business processes. The news, which was published on 11th February, comes after VeChain has continued to operate with governments, businesses, individuals and academies internationally that have allowed Vechain to create and develop results, which have a result on everyday life. This latest joint venture could have significant value.

Based in Austrailia, 188 Business Alliance Association consists of hundreds of Chinese people in Austrailia who have their own small/medium sized businesses. The Alliance deals with the import/export trade between Austrailia and China, as well as companies which also have global routes. The 188 BAA aims to assist organisations, to aid good results and open up opportunities within the industry.

Medium/small sized businesses will greatly benefit from the partnership. Using VeChain\'s innovative technology, these businesses will be in steady competition with global export giants. VeChain could offer such businesses brand protection using IoT and Blockchain technology. Experts have also advised that a jointly owned logistic centre in Austrailia and China would cut costs.

It has been confirmed that the project will start straight away and will be funded by more than 200 members of the 188 BA.