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

Twitter

From Seoul to Singapore, creating a positive impact was the theme around the world this month. 🌏

Here’s a highlight straight from Sunny @sunshinelu24 :
“Using Web3 technology like blockchain along with phygital technologies like IoT sensors can make the world more connected and amplify individual efforts, generating collective value. This is why we focus on being community-centric; after all, Web3 is really about shifting focus to the users.”

Users are at the center, which is why #vechain is creating tools and conducting research to facilitate every kind of user in adopting blockchain and leveraging it for a more sustainable present and future.

Keep following to see more about our user-centric tools.