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VeChain News

Launched in 2018, VeChain is an enterprise blockchain solution designed to bring accountability, efficiency and transparency to operations. Originally a fork of the Ethereum codebase, VeChain is focused on enterprise use cases with an emphasis on the Internet of Things and supply chains for secure product lifecycle management.

Core properties of the VeChain protocol include Thor, the core blockchain used for transactions, account management and smart contract development; VeChain IDs, digital identities affixed to goods in the corporate supply chain that allow physical tracking via NFC and RFID chips as well as QR codes; proof-of-authority consensus through Know Your Customer-verified nodes chosen by the VeChain Foundation; and its two network tokens — VET, the main currency used for payments and voting, and VeThor (VTHO), a token issued daily to VET holders used to run smart contracts on the Thor blockchain.

VeChain has been actively pursuing strategic partnerships with enterprise clients, including one with a China-based subsidiary of Walmart for its blockchain-based food tracking efforts.

Top News

Is Dogecoin set to follow Shiba Inu’s (SHIB) 400% breakout?

'Much ow' ahead? Dogecoin chart fractal puts Shiba Inu's 390% QTD rally in danger

Shiba Inu rebounds 40% despite major selling by SHIB whales

One currency to rule them all: Facebook’s Diem has global ambitions

Shiba Inu is now a top-20 cryptocurrency with SHIB price soaring 300% in 9 days

Market Analysis

Many investors believe that buying the cheapest altcoins produces greater returns during rallies but is this true?

Data Shows the ‘Cheaper Altcoins Make Higher Returns’ Myth Is Flawed

2020-07-13T21:55:00+01:00

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These are the alternative crypto assets that have outperformed the rest of the market including Bitcoin in the past week as the DeFi craze gains steam.

New ‘Altseason’ Visualized: Top 10 Cryptos Outperforming Bitcoin

2020-07-11T11:33:00+01:00

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Bitcoin and most altcoins are witnessing selling at every minor rally, increasing the possibility of a dip in the short-term.

Top 5 Cryptocurrencies to Watch This Week: BTC, NEO, TRX, XTZ, VET

Rakesh Upadhyay

2020-07-05T18:08:00+01:00

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A report claims that the global food industry could save over $100 billion annually by implementing blockchain and IoT technology.

Report: $300B Worth of Food Will Be Traced Using Blockchain and IoT by 2027

Michael Kapilkov

2020-07-03T13:00:00+01:00

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An Australian custom shoemaker is using VeChain to verify the authenticity of its licensed Nike shoes.

Blockchain Verifies the Authenticity of Non-Genuine Nikes

2020-06-26T04:00:00+01:00

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Market Analysis

After strong rallies VeChain and Zilliqa are expected to move higher after key resistance levels are cleared.

VeChain (VET), Zilliqa (ZIL) Target Key Resistance Level to Resume Rally

Michaël van de Poppe

2020-06-18T18:10:00+01:00

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Blockfyre’s co-founder believes a bull market will return, seeing Bitcoin’s price rise 1,400% to hit $150,000 and Ether and other solid altcoins making even mor...

Analyst Predicts Next Bull Run Will Send Bitcoin to $150K and Ether to $9K

2020-06-08T11:00:00+01:00

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Blockchain-based supply chain solutions proliferate, as VeChain establishes partnerships with fresh meat suppliers.

VeChain Bolsters Traceability of Chinese Pork Products

2020-06-06T20:00:00+01:00

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