VeChain (VEN) Cryptocurrency Review – The Future! Vechain, using blockchain technology, aims to tackle the growing issue of fake products by revolutionizing the supply chain. The digital identification of assets on the blockchain will enable transparent production lines, symmetrical databases, asset traceability, and authenticity of goods.
Vechain becomes the leading cryptocurrency in the Asian market and the ripple effect is being felt globally. After getting listed at Bithumb, the coin seems to have gained momentum with an increase of over 25%. This brings a lot of hope in the cryptocurrency market that is being hit by government regulations and advertisement bans.
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VeChain’s ambition is to develop a decentralized business ecosystem, which enables the flow of information securely and privately, building trust and transparency across borders and companies.
VeChain leverages Blockchain to solve the problem of counterfeits and product traceability across supply chains and logistics namely in Luxury Goods, Wines, Agriculture, Automobile, Transportation, Pharmaceuticals, Logistics, and Audit Services. VeChain (VEN) Cryptocurrency Review – The Future
With the most anticipated platform rebranding, there seems there is more to expect from the developer team and the foundations. The shift from Vechain (VEN) to Vechain Thor (VET) could usher in more features and partnerships.
With a lot of opportunities in the smart economy sector, Vechain should move fast and get a larger market share before other competing platforms start making inroads. This way, more partners will have trust in the coin and adopters will follow suit thus raising the value of VEN.
