Blockchain Start-up Devery Joins Inaugural JD.com Accelerator

JD.com is China's largest retailer, online or offline, and the world's third-largest internet company by revenue. With more than 266 million active customers, JD is a direct seller of millions of brands from around the world and hosts a marketplace of more than 160,000 trusted merchants. The company, which owns and operates its own advanced nationwide logistics systems, has embraced AI and blockchain and seeks to facilitate the growth of this disruptive technology and its benefits, including increased security, transparency and efficiency.

Devery provides software that abstracts the difficulties of blockchain development by providing easy-to-use tools and applications to clients and is partner to a number of leading global supranational bodies looking to implement its supply-chain tracking solutions to support large logistical operations across the developing countries.

"Supply-chain tracking and identity management are fundamental use cases of the blockchain. We are excited and honoured to be chosen by JD.com to research and develop this ground-breaking technology. It will significantly change how supply-chains are managed and will bring greater transparency to the movement of produce and goods all over the world. This is the next big step in bringing safer and more ethical products to consumers." - Andrew Rasheed, CEO of Devery.

The collaboration within the accelerator allows both parties to work more closely together to deliver more streamlined solutions to Devery's current ventures in developing countries and its commercial partnerships in the supply chain industry. This joint effort will additionally involve research and development into new and innovative ways to provide cheap and efficient tracking solutions.

A further four blockchain startups have been named to the AICA program: Bluzelle, Nuggets, Canya and Bankorus.

About: Devery is developing the Devery Protocol, a decentralized verification platform that enables marking and tracking over the Ethereum network. The protocol allows manufacturers, brands, retailers and any other party to assign unique signatures to any products, services or digital goods sold, issued and traded online. The protocol is the base layer of the Devery ecosystem. An operational token, the Entry Verification Engine (EVE), is the engine that powers the protocol.Visit Devery: https://devery.io^[1]. Devery @ Telegram: https://t.me/deverychat^[2].

Media: Trestle Works for Devery, Timothy Han, [email protected].^[3]

Topic: Press release summarySectors: Retail/eCommerce, Security/Biometrics, FinTech/Chains, Venture Capital^[4][5][6][7] http://www.acnnewswire.com From the Asia Corporate News Network

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References

1. ^{^} https://devery.io (devery.io)
2. ^{^} https://t.me/deverychat (t.me)
3. ^{^} [email protected] (www.acnnewswire.com)
4. ^{^} Retail/eCommerce (www.acnnewswire.com)
5. ^{^} Security/Biometrics (www.acnnewswire.com)
6. ^{^} FinTech/Chains (www.acnnewswire.com)
7. ^{^} Venture Capital (www.acnnewswire.com)