Blockchain as a Service (BaaS) allows businesses to create, host and use their own blockchain applications without needing to know the intricacies of how the back-end coding works. All the smart contracts and functions are...
The blockchain network which operates on the BaaS (Blockchain-as-a Service) framework with the main goal to decentralize and evolve how global business management and supply chains are monitored is on of the only which are...
2018 was a bearish year which affected all digital assets, and it seems that the bears are still not ready to let go. The VET/USD pair has an opening balance of $0.004062 and a closing one of $0.003933 as at January 31, 2019. During January, the price of VET has depreciated at about 3.17% of its … Continue reading "VeChain (VET) Long Term Price Prediction – VET Gets Listed On Bitrue Exchange"
According to an announcement via their official twitter handle, Safe Haven has successfully integrated ThorPay Alpha on the VeChain Thor Network. In keeping with our roadmap, we are excited to announce we have successfully integrated the ThorPay Alpha on the VeChainThor Blockchain. The product website and closed Beta testing are not far behind! #SHA #VET […]
Following the major market plunge that struck the crypto-verse two days ago as the leading coin Bitcoin (BTC) failed to successfully close above the $3,700.00 mark. In a matter of an hour the pair BTC/USD declined from $3,730 to $3,590 retesting the important support $3,550.00 as the monthly lowest mark. Source: coinmarketcap Read Also: Coinbase […]
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.