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  • Daily VeChain Discussion - November 24, 2020 November 24, 2020
    Welcome! Welcome to the Daily VeChain Discussion! Please take note of the rules in the sidebar and remember to stay civil and polite when commenting. Feel free to use this thread to introduce yourself, ask a quick question or to share your thoughts on the latest developments. We’d like to hear your ideas, suggestions and […]
    /u/AutoModerator
  • Nice to meet yall! November 24, 2020
    Hi all, I officially a new owner of veChain did quite a lot of research for the last few days and just bought in at $0.015490. Definitely not the ideal buy-in price but I've got great hope for this coin! submitted by /u/HerpTheDerp62 [link] [comments]
    /u/HerpTheDerp62
  • Daily VeChain Discussion - November 23, 2020 November 23, 2020
    Welcome! Welcome to the Daily VeChain Discussion! Please take note of the rules in the sidebar and remember to stay civil and polite when commenting. Feel free to use this thread to introduce yourself, ask a quick question or to share your thoughts on the latest developments. We’d like to hear your ideas, suggestions and […]
    /u/AutoModerator
  • VeChain explained in under 60 seconds November 23, 2020
    submitted by /u/helloforrest [link] [comments]
    /u/helloforrest
  • New "How to Vechain Blockchain" article online! November 22, 2020
    submitted by /u/flowbit [link] [comments]
    /u/flowbit
  • Sunny Lu states that new X Node benefits will be announced in 2021! November 22, 2020
    submitted by /u/CalculatedLuck [link] [comments]
    /u/CalculatedLuck
  • Daily VeChain Discussion - November 22, 2020 November 22, 2020
    Welcome! Welcome to the Daily VeChain Discussion! Please take note of the rules in the sidebar and remember to stay civil and polite when commenting. Feel free to use this thread to introduce yourself, ask a quick question or to share your thoughts on the latest developments. We’d like to hear your ideas, suggestions and […]
    /u/AutoModerator
  • "Acorns for Crypto" adds Vechain...roundup spare change into VET November 21, 2020
    submitted by /u/CoinSavage [link] [comments]
    /u/CoinSavage
  • Daily VeChain Discussion - November 21, 2020 November 21, 2020
    Welcome! Welcome to the Daily VeChain Discussion! Please take note of the rules in the sidebar and remember to stay civil and polite when commenting. Feel free to use this thread to introduce yourself, ask a quick question or to share your thoughts on the latest developments. We’d like to hear your ideas, suggestions and […]
    /u/AutoModerator
  • What is the exchange with lowest fees to buy Vechain in the US? November 21, 2020
    Big question. I’ve been buying Vechain on a regular basis on Crypto.con, since Binance is not allowed in my state and most other exchanges do not sell VeChain. However, lately I’ve noticed that Crypto.com has been overcharging me fees every time I buy Vechain. It has gotten to a point I don’t want to use […]
    /u/Ivimaiden

What Is VeChain ?

VeChain is a blockchain-based platform that enhances product management, revolutionizes the movement of products through the supply chain, chain makes it secure enough and also simple for manufacturers to gather, manage and also share important data about their products with consumers and vendors throughout the lifecycle of that product in the supply chain. VeChain has a reputation as one of the world’s largest blockchain platform for information and products management. The developers of this platform want to ensure that they give manufacturers a trust free decentralized business platform to create a transparent flow of information, high speed and as well as efficient transferring. VeChain offers a lot of services, like API Gateway Services which is an AWS service that allows developers to create monitor, maintain and secure API. The API is the backplane when it comes to connecting private and public websites with AWS services. The company also operates as a third party service such that if you want a trusted, secured and reliable company to handle your financial transaction, then they offer such great service at a very considerable price. They also offer a decentralized data storage where information is stored in more than one node.

Just like other cryptocurrency VeChain has its own coin token, its symbol is VEN and its available on most popular crypto exchanges. VeChain was created in Singapore in 2015.
Team
The VeChain team is headed by founder Sunny Lu and a staff of talented developers
Practical Uses
One of the main uses of VeChain is to create better market transparency and gives consumers more detailed information about the products and services they buy and sell and also interact with. By having a full knowledge of the supply chain, and a tamper-proof decentralized ledger, manufacturers, and retailers can be guaranteed of their product authenticity, guaranteeing consumers that they are a buying a good product. The VeChain platforms let manufacturers assign a unique identification to their product, which then allows supply chain partners, manufactures and also consumers to interact with the product throughout the product’s lifecycle on the platform. It allocates private keys to all participants in the supply chain, to ensure the security of the data collected using the blockchain technology. VeChain has a policy of giving customers quality services that highly exceeds their expectations, its a transparent and efficient platform that hasput together a solid structure that is open to clients and nothing is done without consulting the clients first to ensure they are provided with quality work.
Mining
VeChain is mined just in the same way Bitcoin is mined, using either CPU, GPU and other devices. It is a proof of authority moveable coin.
Investor’s Note
If you’re looking for a reputable company that uses blockchain technology to manage products and information dissemination then VeChain might be the best option for you. By the end of 2018, VeChain will be able to handle scale operations in the industrial and agricultural sector and also handle the IOT(internet of things). As an investor that’s a great news because this cryptocurrency has a great future and will be advisable for anyone to invest a substantial sum into it.

Website: https://www.vechain.com/
Reddit: https://www.reddit.com/r/Vechain/
Twitter: @VeChain