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

Jason Fisher

RT @JasonFisher_: A data management revolution unfolding before our eyes.

This is how businesses turn data into safer, more secure, faster…

A data management revolution unfolding before our eyes.

This is how businesses turn data into safer, more secure, faster and more reliable data sets, as well as... actual fiat. https://t.co/fhGEhC0K7D

The use cases for #VeChain's #blockchain technology are limitless.

We've built use cases with major global vehicle brands including BYD, Renault &amp; BMW, on areas from carbon credits to digital vehicle log books and odometer fraud prevention.

$VET is a data management revolution. https://t.co/HEGbso9Lyf