Ripple And VeChain Might Team Up, Rumors Claim

Ripple And VeChain Might Team Up, Rumors Claim

05:57 - 17/07/2020

Oracletimes

Ripple and VeChain have been two successful projects along the way, and they have been gaining increased interest from crypto enthusiasts. Now, there are some rumors floating around claiming that these two might consider teaming up. The potential partnership between VeChain and Ripple The online publication Crypto News Flash mentions a rumor that came up …
VeChain Broke Major Resistance Area

VeChain Broke Major Resistance Area

06:48 - 07/07/2020

Oracletimes

The crypto market is pretty green today with all the important coins trading upwards and VeChain (VET) is not an exception. The price of VET recorded a surge that allowed the coin to move to a new YTD high position. This also managed to break a major resistance area. What sparked the surge for the …

What is the VeChain ?

VeChain (VEN) is a platform, based on Blockchain technology, which guarantees the traceability of any type of good and therefore improves the transparency of the life cycle of objects.

The goal of VeChain is to provide greater market transparency and to provide consumers with access to detailed information about the product they have purchased, sold or used.

VeChain provides simple and secure ways for product manufacturers to collect, manage, and share important data to vendors and end-users about the complete product lifecycle. Blockchain technology is used to ensure the security of all data.

The VeChain platform allows manufacturers to assign a unique identity to a product that will allow resellers, partners and consumers to interact with the product through the platform.

Product traceability is provided by NFC chips, RFID chips or QR codes. The chip or the QR code can be consulted at any time by the consumer, to learn more about the provenance on product.