- Launched: 2015
- Creator: Sunny Lu
- Purpose: VeChain focuses on providing blockchain solutions for supply chain management and enterprise applications. It aims to improve efficiency, traceability, and the overall flow of goods across industries.
- Features:
- VeChainThor Blockchain: A multi-functional blockchain for businesses to create decentralized applications focused on supply chain management.
- IoT Integration: VeChain uses Internet of Things (IoT) technology to track goods and assets in real-time, ensuring transparency and efficiency.
- Use Cases: Supply chain tracking, product authentication, and logistics management.
- Status: VeChain has gained recognition for its real-world applications in supply chain industries and has partnered with major companies like DHL and BMW.
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