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VeChain current price is $0.2440.

VeChain current price is $0.2440 with a marketcap of $15.89 B. Its price is 38.30% up in last 24 hours.


Buy / Sell Vechain
  • vechain
    VeChain (VET)
  • Live Price
    $0.2440
  • 24h %
    38.30%
  • Market Cap
    $15.89 B
  • Volume
    $8.22 B
  • Available Supply
    64.97 B VET
  • Rank
    13

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★ More Info About Vechain

VeChain is a blockchain-enabled platform that is designed to enhance supply chain management processes. By utilizing tamper-proof and distributed ledger technology, VeChain provides retailers and consumers with the ability to determine the quality and authenticity of products that are bought. From product source materials, to servicing history, and spare part replacements, every single piece of information about the supply chain movement of a product can be recorded and verified to bring about a supply chain management ecosystem that is secure for all participants. VeChain plans to achieve this secure supply chain management ecosystem via the method of asset digitization. VeChain enables manufactures to assign products with unique identities to the platform. This will allow manufacturers, supply chain partners, and even consumers, to track the movement of products through their supply chain. There is also the VeChain Foundation. The Vechain Foundation is a non - profit entity established in Singapore in July 2017 and is responsible for the construction of the network, and technological research and development. The Foundation also plays an important role in business development. The Foundation encourages and supports partnerships with enterprises that may be interested in utilizing blockchain technology as a service. This includes payment services, private key management, smart contract development, and wallet development. There is no doubt that blockchain technology can be an important innovation to supply chain management. With a growing list of business partnerships and technological developments, VeChain is positioning itself to be THE disruptive, and innovative force that reshapes the way we think about supply chain management. The solution of "hard forking" has made people question the idea of "de-centering" of Ethereum and even Blockchain. This way of governance is not so much a "democracy" as an "anarchy." VeChain development team highly regards blockchain’s decentralizing nature, yet intends to adopt some traditional corporate governance and thus improve the efficient formulation and implementation of the VeChain development and strategy for the benefit of the community to prevent and avoid serious blockchain design philosophy differences and irreconcilability. Sunny Lu is the CEO of the VeChain Foundation and has already become an important figure in the blockchain space. Before he established VeChain, he co-founded the Chinese Internet start-up which developed Qtum, a very important digital asset in the crypto space. He was previously the CIO and COO of Louis Vuitton China.The team behind VeChain consists of over 90+ employees, most of them being developers. Chief Technology Officer, Gu Jianliang, has over 18 years of experience in areas such as mobile devices and the IoT field, and has created over a 100 patents in several technological fields. Kevin Feng serves as the Chief Operations Officer of the VeChain Foundation. Feng has been actively involved in many technology projects in his 12 years working for VeChain’s partner, PWC, as a consultant and assurance advisor.

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Vechain Twitter News Feed

New @iSafePal App Version 2.5.8 is now LIVE

Added support for @vechainofficial $VET $VTHO

3 New Languages Turkish, Indonesian, Thai🥳

📱Download the App
https://www.safepal.io/download

⏫Upgrade your Hardware Wallet Firmware
https://safepal.io/upgrade

We've implemented the Base GasPrice reduction on VeChainThor main net today!

Transactions on VeChain are now 99% cheaper for ALL stakeholders.

Enjoy much cheaper transactions & come build your project and #dApp on $VET #blockchain now!

We're pleased to have worked with Daniel Nortje, Director of Strategy & Architecture at @Salesforce.

Daniel has chosen VeChain as the blockchain of choice in a sample enterprise adoption case & successfully connected #VeChain ToolChain with Salesforce!
https://medium.com/@vechainofficial/salesforce-director-of-strategy-architecture-successfully-tested-enterprise-adoption-ideas-on-172c8136bd6c

The Steering Committee vote has been decided!

5 of the 7 SC members cast their vote to reduce the base gas fee to 1% of its current level. Accordingly, the VeChain Foundation will reduce base gas fee to 1e13 wei within 7 days.

Thank you, dear community, for your participation!

The Steering Committee can now make the choice via VeVote: https://bit.ly/3sXyw0d

All community members can access the link to see the process. The option that wins at least 5 (out of 7) votes will be the final decision and will be deployed on the mainnet within 7 days.

The community has spoken! The Foundation appreciates your participation - we believe the future must be built together, from the feedback of all stakeholders.
The top 2 choices from the poll will shortly be proposed to the Steering Committee transparently, on VeVote. Stay tuned!

VeChain x Plot11 Documentary 📺

Watch Sarah Nabaa, GM Singapore @vechainofficial, discuss VeChain's blockchain solutions with Pamela Chng, Co-Founder @bettrbarista. ☕️

VeChain segment begins at 8:35 👀
https://youtu.be/pLD-a_GRf8E?t=515

#VeChain $VET #VeFam #RFID #QR #SwitchToVeChain

4

Almost 800 nodes have casted their votes regarding the reduction in VeChainThor's Base Gas Price!

This VeVote is a very important process that will determine the future of VeChain for all stakeholders.

Let's build this future together & vote now! $VTHO
https://vevote.vechain.org/home

VeChain x Blockchain Business Bridge

Jay Zhang of VeChain will take part in this panel discussion looking at how blockchain solves food safety challenges. Join us!

📅 April 8th, 15:00-17:00 GMT+8

Register now: https://bit.ly/3weYHBB

Our unique tokenomics provides every stakeholder value, from our enterprise and government partners, to community & node holders.

In light of the recent & expected future growth in demand, we would like to hear your voice about the Base GasPrice:
https://medium.com/@vechainofficial/vevote-opinion-poll-on-adjusting-base-gas-price-of-vechainthor-a33a99025cf2

The VeChainThor Mobile Wallet has been updated to version 1.5.7 on the iOS platform. Stability improvements and several bugs, including wallet creation that affected the previous build, have been fixed. For all iOS users, please update your mobile app on the App Store.

The official #VeChain subreddit community has just hit 100,000 subscribers!

We're super proud of this milestone. We're one of the most active communities among all crypto subreddits, with hundreds if not thousands of comments daily!

Join us! http://reddit.com/r/VeChain

Cosmetics brand YI ZHI JI looks to the future by incorporating blockchain in their products, allowing customers to configure a personalised page stored on #VeChainThor!

NFTs are also being considered by the brand to boost their application.

https://medium.com/@vechainofficial/vechain-supports-sino-french-d2c-cosmetic-brand-to-produce-nfc-equipped-bespoke-lipsticks-927b57e9e97e

The Developer Preview for #VeChain's new consensus mechanism PoA 2.0 has been deployed on TestNet!

✅Faster transaction confirmation
✅Higher security
✅Transaction finality
✅More capacity for new partners

All #blockchain devs are invited to join us!

https://github.com/vechain/thor/tree/vip-193-preview

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