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).

VET news today, VeChain crypto latest news of token ticker

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.

VeThor Token news today, VTHO crypto latest news of token ticker

VeThor Token

#VeFam, We are aware of the issue with fiat conversions in #veworld. Users have reported seeing wrong fiat balances. We have identified the cause and are pushing an update soon. This is not a security concern and your tokens are safe. Apologies for inconvenience @vechainofficial

Twitter

Hey #VeFam, Fix for this is out on Android. iOS is still under review, very slow during the holiday season.