VeChain Confirms Huge Plan to Expand Globally

VeChain (VET) plans to expand globally. They also want to take major steps within Europe. For example, a legal process is underway with the government of San Marino to establish VeChain’s headquarters in the country.

European expansion

To realize the expansion vision, the economic problem-solving ecosystem will hire more than 100 new developers to work in its new facility in Europe. VeChain states that it “expresses new tools, technologies, developer libraries, and so on.” According to a news platform, VeChain has opened new facilities in Europe and is seeking more talent for smooth operation.

We have opened a new technology center in Ireland and are currently hiring 100+ devs.

VeChain has 2 new facilities in Europe. These facilities are actively hiring and building a team. The company has not yet released full details about its European plans. What is clear is that the team is in the process of processing legal jurisdiction with the government of San Marino to make the platform a registered trademark in Europe.

Why is VeChain expanding its team in Europe?

VeChain is therefore hiring more and more employees for its new offices. VeChain is mainly looking for new developers.

News of VeChain’s move has been confirmed on Twitter. A Twitter user shared the company’s intention to hire 100 developers, tagging the official account of the VeChain Foundation. Interestingly, the foundation retweeted the user’s tweet, indicating the legitimacy of the information. The team is very enthusiastic and optimistic about the future.

Hint to headquarters in San Marino

VeChain CEO Sunny Lu gave a few hints about some plans for the platform in addition to European expansion. It seems that the company has long-term plans for the European market. The founder says that establishing a headquarters in San Marino is an important step for the company.

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The company is currently working with a new partner to jointly define and write a new white paper. Reports indicate that the duo plans to release the white paper by Q1 of 2023. The writing process is an upgraded strategy from VeChain to Go Sustainability.

VeChain is actively expanding its partnership and signed several more partnerships last year. Recently, the foundation added the UCO network and TruTrace as partners in its upcoming blockchain projects. In VeChain’s partnership with TruTrace, the strategic integration will apply blockchain technology to product confirmation and stability.

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