VeChain News

Launched in 2018, VeChain is an enterprise blockchain solution designed to bring accountability, efficiency and transparency to operations. Originally a fork of the Ethereum codebase, VeChain is focused on enterprise use cases with an emphasis on the Internet of Things and supply chains for secure product lifecycle management. 

Core properties of the VeChain protocol include Thor, the core blockchain used for transactions, account management and smart contract development; VeChain IDs, digital identities affixed to goods in the corporate supply chain that allow physical tracking via NFC and RFID chips as well as QR codes; proof-of-authority consensus through Know Your Customer-verified nodes chosen by the VeChain Foundation; and its two network tokens — VET, the main currency used for payments and voting, and VeThor (VTHO), a token issued daily to VET holders used to run smart contracts on the Thor blockchain.

VeChain has been actively pursuing strategic partnerships with enterprise clients, including one with a China-based subsidiary of Walmart for its blockchain-based food tracking efforts. 

How to crypto
VeChain is a smart contract-compatible blockchain designed to enhance the supply chain and accelerate the mass adoption of blockchain technology.
What is VeChain (VET) and how does it work?
Jagjit Singh
2022-12-13T09:53:31+00:00
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Zelis CTO Kali Durgampudi has called on healthcare providers to utilize blockchain tech to protect customer data and stave off attacks from cybercriminals.
Blockchain’s use in healthcare ‘essential’ to protect sensitive data: Zelis CTO
Brian Quarmby
2022-07-22T06:35:59+01:00
2878
News
The multi-year deal will see VeChain’s brand incorporated across multiple UFC marketing assets and reach an estimated 900 million households who watch the event...
Supply chain thwacking: VeChain’s $100M sponsorship deal with UFC
Jesse Coghlan
2022-06-10T02:05:34+01:00
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Rival blockchain projects angling for talent from Terra developers
Brian Newar
2022-05-31T07:11:14+01:00
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The supply chain tracking project has a comfortable cushion in its Foundation treasury, but expenditures were very low through the first quarter of 2022.
VeChain Foundation reports $1.2B crypto treasury but spent just $4M in Q1
Brian Newar
2022-05-11T05:24:56+01:00
10981
Price Analysis
A few days of consolidation from BTC price could lead to a healthy bounce from LUNA, NEAR, VET and STEPN.
Top 5 cryptocurrencies to watch this week: BTC, LUNA, NEAR, VET, GMT
Rakesh Upadhyay
2022-05-01T21:17:00+01:00
19453
News
VeChain has made a series of announcements that look to substantially grow usability and adoption of its native VET token.
VeChain can be used as payment in 2M stores — and VET bridged to BNB chain
Tom Mitchelhill
2022-04-29T12:13:04+01:00
18248

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