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. 

A hospital in Cyprus is now utilizing the VeChain blockchain to store vaccination records.
COVID-19 vaccination records stored on VeChain as use cases grow
Sam Bourgi
Altcoin Watch
Positive news, active communities and a shift toward DeFi appear to be the catalysts responsible for the rallies seen in Zilliqa, Terra's Luna and VeChain.
Zilliqa, Terra (LUNA) and VeChain rally off good news and strong fundamentals
Rakesh Upadhyay
Price Analysis
Select altcoins are moving higher as Bitcoin price gains strength and consolidates within a bull pennant.
Top 5 cryptocurrencies to watch this week: BTC, ETH, XMR, VET, AAVE
Rakesh Upadhyay
IBM has emerged as one of the largest blockchain consulting firms in the world. Its next target: sustainable fashion.
IBM targets sustainable fashion with latest blockchain partnership
Sam Bourgi
VeChain is riding a strong tailwind on favorable developments out of China.
VeChain charts 23% weekly growth as Chinese officials talk usage post-epidemic
Sam Bourgi
Price Analysis
Bitcoin could consolidate for a few more days but select altcoins have formed reversal patterns that may lead to a trending move.
Top 5 cryptocurrencies to watch this week: BTC, ADA, XMR, ATOM, VET
Rakesh Upadhyay
Two of Britain’s most successful gamebook authors have taken it upon themselves to turn VeChain’s VulcanVerses NFT game into a fantasy trilogy series.
Fantasy authors turn the VulcanVerse NFT game into a trilogy of books
Joshua Mapperson
The platform plans to assist in "building a from-farm-to-table traceability system" across China.
VeChain offers services to 130 firms in China as food safety alliance member
Turner Wright

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