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.
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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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This use case sound really interesting, but can't a company just track their products on the Ethereum blockchain with an dApp or a smart contract of some kind? Why is a separate blockchain needed for this?
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Had never heard of this. Thanks again for great info.
Vechain is definetly one of the major investment and long-term hold with Walton!
The company behind vechain has really good project, solid technology and a very strong team
great video!
Vecahin should be a top 10 coin ! Thank you for spreading the awaeness !
I've been interested in this project since I first heard you discuss it with Suppoman. It's very ambitious with a lot of potential but my main concern is that it's a bit too complicated and difficult to understand every aspect of how it's intended to work. Does anyone know the function of the VEN tokens?