VeChain (VEN) Cryptocurrency Review – VEN News today

VeChain (VEN) Cryptocurrency Review – VEN News today. VeChain is trying to build a blockchain-based platform which does not only limit itself to the digital world. It can integrate with the actual business ecosystems as well. This will ensure that enterprises will be able to control various functions with the help of this blockchain. If indeed, it is able to provide complete integration of the blockchain-based platform with the actual business world, it will be easier for the companies to use the blockchain.

Using blockchain technology, VeChain makes it simple and secure for product manufacturers to collect, manage and share important product data with vendors and consumers throughout the lifecycle of a product.

VeChain’s vision is to create greater market transparency & provide consumers with access to more detailed information about the products they buy, sell and interact with.

iqoption VeChain (VEN) Cryptocurrency Review - VEN News today

iqoption VeChain (VEN) Cryptocurrency Review - VEN News today

RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK

VeChain (VEN) Cryptocurrency Review – VEN News today

VeChain (VEN) has officially re-branded to VeChain THOR (VET). The coin launched on November 26th of last year and has since grown astronomically. There are already many luxury goods stores, food/drug companies and logistics companies that are using this ecosystem.

In addition to the BMW partnership, VeChain THOR announced a collaboration with Oxford University. The world-renowned university will aid in the technical development of the VeChain THOR platform. This isn’t the first time a University has linked up with a blockchain project.

VeChain owes its success in part to offering a use case that differs from most cryptocurrency. Instead of being a dark coin designed to hide transactions VeChain is known as a white coin. A white coin is meant to increase the transparency of transactions thus creating “a trust-free and distributed business ecosystem to enable transparent information flow, efficient collaboration, and high-speed value transferring.

VeChain (VEN) Cryptocurrency Review – VEN News today

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