VeChain is a blockchain platform that implements distributed registries to reduce entry barriers, is compatible with smart contracts and is designed to improve the supply chain and accelerate the mass adoption of blockchain technology. Using the functions of meta transactions, the method of consensus with confirmation of authority (PoA), the management mechanism in the blockchain and a unique system with two tokens, the VeChainThor blockchain hopes to solve the problem of launching large-scale commercial decentralized applications (dApps).

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VeChain

VeThor token is a VIP-180 token, is the cost of using the VeChainThor blockchain and essentially represents the level of smart contracts on the network. Its main goal is to facilitate processes and transactions in the blockchain. VTHO is an integral part of VeChainThor's work.

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VeThor Token

VeChain x PwC "At Hannover Messe #hmi22, Husen Kapasi, PwC Europe #Blockchain Lead, demonstrated how a manufacturer or retailer can enable true end-to-end traceability of a product from supplier to consumer!" 👏 #RunsOnVeChain #VeChain $VET #Sustainability #TechNews #Tech

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Europe's appetite for blockchain solutions is one of the highest globally.

The real-world readiness & maturity of our tech is unrivalled.

With our new European Tech Centre, business Centre and HQ now open, we're ready to deliver true mass adoption across Europe. VeChain

PwC Europe Tweet showcasing VeChain Tech use case:https://twitter.com/eisenreich/status/1531809009191231488?s=20&t=2mAqHOmO_uc8PaQCTrUWyg

Original Tweet: https://twitter.com/vechainofficial/status/1531945530871492610?s=20&t=2mAqHOmO_uc8PaQCTrUWyg