VeChain
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- r/vechain
- Bitcoin bull flag and standard profit taking hint at eventual rally to new BTC price highsCointelegraph.com News – 1 hour agoBitcoin price consolidation after a powerful double-digit rally is normal. Will the current bull flag confirm and send BTC to new highs? Key takeaways: Traders…
- French crypto entrepreneurs to receive extra security amid recent kidnappings: ReportCointelegraph.com News – 2 hours agoFrench law enforcement will offer crypto entrepreneurs and their families a police emergency line and conduct house visits to ensure their safety amid a recent…
- Tokenization makes investing more accessible — Robinhood execCointelegraph.com News – 3 hours agoThough pitched as improving financial accessibility, data shows that RWA’s current ownership remains concentrated among high net worth participants. Tokenization could open new opportunities for…
- Here’s what happened in crypto todayCointelegraph.com News – 4 hours agoNeed to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3…
- Filecoin, Lockheed Martin send data in space using decentralized data protocolCointelegraph.com News – 4 hours agoThe Interplanetary File System (IPFS) reduces latency for data transmissions in space. The Filecoin Foundation and Lockheed Martin Space have successfully transmitted data in space…
What is VeChain?
VeChain is a leading blockchain platform that aims to offer Blockchain-as-a-Service solutions to enterprises. Through the use of the blockchain’s tamper-proof distributed ledger, the platform allows for a trust-free ecosystem that is efficient and transparent.
VeChain has gone beyond the proof of concept stage and is seeing adoption across multiple industries for supply chain management through asset digitization. Through advanced IoT integration, it is seeing usage in monitoring product fe cycle, real-time product location tracking, and authenticity verification. VeChain lists partners in varying industries ranging from food and pharmaceuticals, to automobile and luxury goods. VeChain continues to position itself as the leading enterprise solution with its strong economic model and governance philosophy through the VeChain Foundation and its steering committee.
VeChain Thor (VET) is currently sitting within the top 20 coins by market capitalization at the time of this writing. VeChain tokens were initially released as VEN on the Ethereum network after they completed their ICO in August 2017, but have since been swapped for VET after VeChain released its Thor Mainnet in June 2018.