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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What is an NFT? 🔍

Besides being loved by the art world, Non-Fungible Tokens (NFTs) are unique digital certificates of authenticity that establish and verify the uniqueness, ownership and history of valuable assets, both digital and physical, within a transparent and tamper-proof digital environment. As an example, think of NFTs as the digital equivalent of a product passport, containing essential information about an asset's origin, ownership and maintenance, making it easily traceable and trustworthy, and particularly relevant for enterprises.

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What is an NFT.