VeChain (VET) is a blockchain platform founded in 2015 in Singapore that combines blockchain and Internet (IoT) technologies to improve transparency and efficiency in the supply chain and logistics. It provides enterprises with the ability to track, analyze and manage product data in real time, which helps to increase efficiency, reduce costs and improve safety.VeChain uses two main cryptocurrencies: VeChain Token (VET) and VeChainThor Energy (VTHO).
VET is used to participate in voting for network management and as a means of exchange, and VTHO is used to pay commissions for transactions on the blockchain. Each VET holder automatically receives a VTHO according to the amount of VET he holds.One of the key advantages of VeChain is its focus on integration with the Internet of Things.
This allows businesses to get the maximum benefit from using blockchain technology to manage their products in real time. In addition, due to its high scalability and high transaction speed, VeChain is an attractive platform for enterprises that need a reliable, fast and secure infrastructure to manage their business.Another key advantage of VeChain is its partnership with large corporations such as PwC, DNV GL and BMW Group.
These partnerships help VeChain gain access to new markets and increase its customer base. In addition, the partnership with large corporations also demonstrates the confidence of these companies in VeChain technology and confirms its potential in various industries, including logistics, pharmaceuticals, agriculture and many others.Thus, VeChain (VET) is a cryptocurrency that aims to use blockchain technology to improve transparency and efficiency in the field of supply management.
This is an innovative project that has great potential in the field of supply management and many other industries.