Devery, a global blockchain start-up that provides verification solutions, has been named in JD.com’s inaugural blockchain accelerator program, AI Catapult Accelerator (AICA). The program is aimed at aiding startups which demonstrate talent in the blockchain space. Devery will bring tech expertise to support JD in the research and development of verification solutions using blockchain architecture, such as supply-chain tracking and identity management.
Chinese retailer JD.com has more than 266 million active customers, sells 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 nationwide logistics systems, has embraced AI and blockchain across its operations and seeks to facilitate the growth of the disruptive technology and its benefits, including increased security, transparency and efficiency.