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. 

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
2020-10-04T21:19:00+01:00
21115
News
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
2020-09-18T07:03:00+01:00
3109
News
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
2020-09-18T02:41:36+01:00
9085
News
Companies using the solution may even cut costs.
VeChain Launches Blockchain-enabled Sustainability Solution
Emilia David
2020-08-22T21:00:00+01:00
13477
News
Crypto adoption appears to be unstoppable in the tourism sector.
Crypto Travel Company Adds VeChain Token as a Payment Method
Felipe Erazo
2020-08-19T17:09:00+01:00
10767
News
Cyprus is becoming a hotspot for Blockchain technology.
VeChain’s New Partnership Could Bring Blockchain Tech to Dozens of Untapped Industries
Felipe Erazo
2020-08-17T19:19:00+01:00
22429
News
The VeChain Foundation announced a blockchain-based food safety solution based on its Blockchain-as-a-Service platform, ToolChain.
VeChain’s Latest Blockchain Application Makes Food Safer
Felipe Erazo
2020-08-07T16:18:00+01:00
9318
Price Analysis
Bitcoin price corrected sharply after reaching $12,000 but the strong bounce from BTC and altcoins shows bulls are intent on pushing prices higher.
Top 5 Cryptocurrencies to Watch This Week: BTC, ETH, LINK, VET, LTC
Rakesh Upadhyay
2020-08-02T20:15:00+01:00
26599

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