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 has joined the Blockchain Infrastructure Alliance, an organisation founded last year by Alchemy Pay, Polygon, Avalanche, NEAR, Algorand and others.

VeChain Joins The Blockchain Infrastructure Alliance (BIA)

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#VeChain joins the Blockchain Infrastructure Alliance (BIA)! Founded by projects inc. #AlchemyPay, #Polygon, #Avalanche & #NEAR, the BIA is shaping the future of #Crypto & #Blockchain. As a leader in real world adoption, we’re excited to contribute: https://t.co/01fw3xk2gp $VET

https://twitter.com/vechainofficial/status/1519711849914187776

#VeChain joins the Blockchain Infrastructure Alliance (BIA). Founded by projects inc.