VeChain has been recognized as one of the top 50 food traceability service providers globally, according to a report from a leading research firm. The blockchain platform has been making waves in the industry for its multiple use cases across the world, and its contribution to pioneering transparency in the food industry has earned it a spot on the list.

VeChain has also been making strides in the Blockchain as a service (Baas) sector, with its BaaS blockchain solutions being recognized as in a different league. The company's work to date has helped set the standards of the digital economy across multiple jurisdictions and cements its place as the leading public protocol for sustainability and digital transformation.