Share this article
Audit Giant DNV GL Partners With Blockchain Startup to Track Assets
DNV GL and VeChain are teaming up to develop a blockchain to track arack all shipments.
By Nikhilesh De
Updated Sep 13, 2021, 7:29 a.m. Published Jan 25, 2018, 5:03 a.m.
Risk management giant DNV GL is partnering with blockchain startup VeChain to launch a more efficient and transparent record of asset ownership.
The two companies announced they would be teaming up on Wednesday to develop a blockchain platform to track food and beverages, as well as fashion and retail. The ultimate hope to apply the solution to the aerospace industry, according to a press release.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
DNV GL is known for advising companies on ways to boost efficiency. In this case, the company announced it would develop an immutable record for its clients to track their assets.
The firm's chief executive, Luca Crisciotti, said partnering with VeChain will help his company’s digital programs become more adaptable for client needs, particularly with data collection. VeChain launched its own token, VEN, in 2016.
"Our Digital Assurance Concept will provide both and consumers with an unprecedented degree of insight into product and supplier information, to an extent and with an accuracy which have not been possible before," Crisciotti said in a statement.
Truck image via Shutterstoc
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Bitcoin Treads Water Near $90K as Bitfinex Warns of 'Fragile Setup' to Shocks
BTC's relative weakness compared to stocks points to tepid spot demand, making the largest crypto vulnerable to macro volatility, Bitfinex analysts said.
What to know:
- Bitcoin erased very modest overnight gains early Monday and spent the rest of the U.S. session in a tight range around the $90,000 level.
- Rising long bond yields and a small U.S. equities pulling back weighed on risk appetite as traders eye this week's Federal Reserve meeting.
- Bitfinex analysts pointed out bitcoin's relative weakness against U.S. stocks amid modest spot demand and structural softness.
Top Stories
