The originally Chinese mattresses and "smart bedding" manufacturer Mlily has entered into a partnership with VeChain. In the row of impressive collaborations of this blockchain supply chain management initiative, Mlily is VeChain's next partner. Mlily is an international player in the bedding products market. They operate in China, USA, Australia, Ireland, Japan and Canada. It is also a sponsor of football club Manchester United.
Mlily will use VeChain's Thor "Proof of Origin, Proof of Authenticity and Supply Chain Management". This is to prevent counterfeit products and fraud. It is estimated that at least 20 million Vechain RFID chips per year will be added to the Mlily products. This will happen in any case for the next five years.
VISION OF CHINA
The partnership is in line with the expectations of the Chinese government. They make a lot of subsidy money available. This specifically to tackle fraud and fake products. In the future, Chinese people will no longer have to worry about sleeping on Mlily mattresses.