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

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We're excited to formally announce the 2023 Steering Committee Elections, further decentralising #VeChainThor's core governance.

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https://t.co/wsNrfdEHQw 

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Twitter

Today is the final day to declare your candidacy for the 2023 Steering Committee elections!

You'll help drive the future of #VeChain, adoption of #blockchain technology &amp; #sustainability, #carbon mgmt. &amp; circular economics.

Join our mission &amp; help us build the future! $VET https://t.co/zxFcFeWs0H

We're excited to formally announce the 2023 Steering Committee Elections, further decentralising #VeChainThor's core governance.

We're empowering society with #blockchain/#Web3 tech. Come play your part &amp; build the future!

https://t.co/wsNrfdEHQw 

#Sustainability #VeChain $VET https://t.co/tLQOVXhLHn

Today is the final day to declare your candidacy for the 2023 Steering Committee elections.