Vechain (VEN) is a blockchain ecosystem for Businesses and Governments. They combine the best of Ethereum with their own Internet of Things (IoT) and RFID technologies to provide solutions to fight counterfeit goods, improve supply chain management and product assurance. This video talks about the fundamentals of Vechain (rebranding to Vechain Thor, VET) and its primary business partners.
Read more about Vechain: https://boxmining.com/vechain-explained/
Vechain Reddit: https://www.reddit.com/r/Vechain/
Vechain Telegram: https://t.me/vechain_official_english
Partnerships Megathread: ~~~ embed:Vechain/comments/78p34q/vechain_allinone_thread/?utm_content=title&utm_medium=hot&utm_source=reddit&utm_name=Vechain reddit metadata:fFZlY2hhaW58aHR0cHM6Ly93d3cucmVkZGl0LmNvbS9yL1ZlY2hhaW4vY29tbWVudHMvNzhwMzRxL3ZlY2hhaW5fYWxsaW5vbmVfdGhyZWFkLz91dG1fY29udGVudD10aXRsZSZ1dG1fbWVkaXVtPWhvdCZ1dG1fc291cmNlPXJlZGRpdCZ1dG1fbmFtZT1WZWNoYWlufA== ~~~
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Thanks for the information on VeChain.
Sounds all nice and practical until you realize it is also a Big Brother technology to track everything and everyone. You are kidding yourselves if you don't think this has already been built into their business model. It certainly has. In the future there will be no more checkpoints with "your papers please." This is because the RFID chips will already give it all away and you will very conveniently lose all your privacy as a consequence.
Wake up and smell the neofascist state coming your way. Vechain, Walton, IOTA and a number of other IOT related blockchains are fully and completely driving this IOT tracking push . Why do you think they are partnering with the Chinese government, one of the worst nations on the Earth for human rights? There are no surprises with this if you have at least one functioning brain cell. People are worrying about the crypto centralization vs. decentralization debate but not worrying about this?? Wow, crypto greed is truly the biggest blinder ever..
Great overview and vid as always!
the problem is I spoke to the vechain guys in their telegram and they told me that it's not about supply chain management, their about creating Dapps for fortune 500 companies. Then a moment later I was kicked out of the telegram group perminantly.
I own VET but I'm not sure about it now.
VE CHAIN going to be huge i think, im going to be investing :D thanks for the video
VeChain is a blockchain-based supply chain management solution We currently have several big clients both in China and Europe working with us on different use cases for our blockchain platform.
Vechain could be big in the future. I’m calling it now
I can not see value in a coin related with some Governments. But yeah most people can haha
Really interesting post for a great coin. A coin that utilises internet of things is always useful, especially in areas such as supply chain management. There are a few competitors in this space, but this is the first I have seen to do both IoT and Supply Chain Management! How do you think it will fair against the competition?
Thanks for sharing! I'm expecting a lot from VEN :)
Bright futures!!
Hi boxmining,
please keep seeding videos via (web)torrent. This makes videos on dtube much faster! @marketingmonk is doing this already - works great.
followed boxmining from youtube to this platform, great content
Great video and I hope you do more on VEN! I think there is something still not talked about with VeChain, it is a fork of Ethereum so I assume can do smart contracts, so really is a platform as well as all the good stuff about supply chain etc.
I'm really interested to see what their partnership with PWC and their other enterprise business lead to. Blockchain has huge positive use cases for auditors to access company data and PWC are one of the biggest auditors in the world, they surely have to be looking at blockchain themselves for improving audit efficiency.
An enterprise focused platform for developing smart contract applications that has the approval of PWC, national Chinese government and all the other existing partnerships we know about could be incredibly valuable.
The separation of Thor to power the smart contracts rather than use gwei like Etherereum, for enterprise business that needs to plan and budget in my humble opinion, is genius.
VeChain has the potential to be even bigger than most people are thinking perhaps.
vechain will be super huge ,i have been telling my friend all the time to buy vechain before it fly away :)
thank you bro!
Great project! thanks for sharing.