EXCLUSIVE: Vodafone Strikes Strategic Alliance With Aventus For Public Blockchain Transition
Portfolio Pulse from Jose Rodrigo Safdiye
Vodafone (NASDAQ:VOD) has announced a strategic alliance with Aventus, a Web3 enterprise solution provider, to transition into the public blockchain realm. The partnership will focus on supply chain and logistics, with the potential to reduce missing baggage at Heathrow Airport by up to 80%. Vodafone is also working to become a validator within the Aventus network. The move marks a trend of genuine enterprise adoption of blockchain technology.
June 29, 2023 | 12:25 pm
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POSITIVE IMPACT
Vodafone's use of Polkadot in its blockchain transition could increase the relevance and utility of the Polkadot token.
Vodafone's use of Polkadot in its blockchain transition could increase the relevance and utility of the Polkadot token, potentially leading to increased demand and price appreciation.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 60
POSITIVE IMPACT
The partnership between Vodafone and Aventus could potentially increase the utility and demand for Ethereum, as it is part of the wider network that Vodafone's IoT devices will be connected to.
The partnership between Vodafone and Aventus could potentially increase the utility and demand for Ethereum, as it is part of the wider network that Vodafone's IoT devices will be connected to. This could lead to increased demand and price appreciation for Ethereum.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 60
POSITIVE IMPACT
Vodafone's partnership with Aventus for public blockchain transition could lead to significant efficiency gains in supply chain and logistics.
The partnership with Aventus allows Vodafone to leverage blockchain technology for supply chain and logistics, potentially leading to significant efficiency gains and cost savings. This could positively impact Vodafone's operations and profitability.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100