The blockchain-powered supply chain platform, VeChain, has made a remarkable market comeback following an exciting partnership with Rekord. This collaboration is set to revolutionize compliance and sustainability with EU-compliant Digital Product Passports and real-world asset tokenization infrastructure.
How VeChain and Rekord Are Transforming Supply Chain Data
The integration of VeChain’s enterprise-grade blockchain with Rekord’s API-first trusted data layer is a game-changer for businesses. Together, they offer manufacturers the ability to securely capture and verify data at the source, guaranteeing compliance with the upcoming Ecodesign for Sustainable Products Regulation, which will be enforced by 2026 in Europe.
This regulation mandates the introduction of Digital Product Passports, a crucial step in promoting sustainability and a circular economy. By anchoring data on VeChainThor, all product information becomes permanent, verifiable, and audit-ready, allowing businesses to adapt without overhauling existing workflows. Rekord’s API, already live with multi-chain capability, is delivering transactions to VeChain in real-time.
Preparing for Major Blockchain Upgrades: The VeChain Hayabusa Hard Fork
Beyond digital product compliance, VeChain is gearing up for one of its most significant upgrades: the Hayabusa hard fork. Scheduled for December 2, this upgrade transitions VeChain from its current Proof-of-Authority model to a more decentralized Delegated Proof-of-Stake mechanism. This shift not only enhances blockchain security but also promotes greater community participation in governance.
Additionally, VeChain will launch its highly anticipated StarGate mainnet alongside the upgrade. StarGate enables NFT-based staking and validator delegation, offering stakers and users unique new incentives. Under the upgraded tokenomics system, only staked VET tokens will produce VTHO, creating stronger benefits for actively engaged token holders.
What This Means for Future Markets
The VeChain network’s upgrades and partnerships position it strongly for long-term growth. As technical indicators show support at $0.0131 (23.6% Fibonacci level) and resistance at $0.0149 (38.2% Fibonacci level), traders are optimistic. Bullish momentum could push VET prices to test the $0.0163 mark in the coming weeks.
While innovations like the VeChain and Rekord partnership highlight blockchain’s critical role in real-world adoption, the Hayabusa upgrade demonstrates VeChain’s commitment to network decentralization and improved enterprise utility.
Explore Premium Blockchain Tools for Compliance and Sustainability
If you’re a supply chain manager or a business owner keen to align with sustainable practices, consider blockchain solutions like VeChain. For businesses looking to stay future-proof for EU compliance, you can explore tools built on the VeChainThor blockchain. Check out VeChain’s official website for more information and updates on their ecosystem.
