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. 

Supply chain management platform hits blockchain milestone as major consensus upgrade nears.
VeChain Thor mainnet reaches 10 million blocks milestone with no downtime
Martin Young
Price Analysis
Bitcoin’s consolidation near $50,000 reflects a steady market, and this could attract buyers to altcoins like ADA, LUNA, VET and XTZ.
Top 5 cryptocurrencies to watch this week: BTC, ADA, LUNA, VET, XTZ
Rakesh Upadhyay
VeChain has announced a new blockchain initiative designed to help businesses openly track and report their carbon emissions data.
VeChain launches blockchain platform to encourage carbon data reporting
Tom Farren
Market Update
Bitcoin’s price sold off below $37,000 shortly after topping $40,500, leading analysts to caution that bears still have a few tricks up their sleeves.
Bitcoin price drop to $37K has analysts wary of calling it a ‘trend change’
Jordan Finneseth
San Marino has approved VeChain’s eNFT backed vaccination passport, dubbed the San Marino Digital Covid Certificate.
San Marino approves VeChain eNFT vaccination certificate that's verifiable worldwide
Brian Quarmby
VeChain has partnered with top Shanghai-based Renji Hospital to launch MyBaby, a blockchain-based service that tracks IVF progress.
Oh baby! Tracking IVF progress on the blockchain
Brian Quarmby
Market Analysis
Yeah, yeah, we get it: Elon loves attention. Here's a picture to keep him happy. Meanwhile, let's take a look a five crypto news stories this month that didn't ...
Quiet down, Elon: 5 crypto stories that didn't need Musk's Twitter antics to move markets
Price Analysis
The bulls are trying to stabilize Bitcoin price and if they succeed, VET, SOL, EOS and FTT could quickly bounce back to their local highs.
Top 5 cryptocurrencies to watch this week: BTC, VET, SOL, EOS, FTT
Rakesh Upadhyay

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