Why VeChain Is Going To Be Huge!
VeChain (VEN)
https://coinmarketcap.com/currencies/vechain/
Similar to Walton Chain Coin but much different and in my opinion way better. Sunny Lu the CEO of VeChain is a genius and use to be CIO of Louis Vuitton. The RFID chip patented technology along with the blockchain and smart contract platform not to mention internet of things (IOT) and A.I. their incredible partnerships with large corporations and governments (ie China), VeChain is very impressive to say the least.
Counterfeiting is a 400 Billion dollar a year industry. VeChain plans to eradicate this. Protect the consumer and the manufacturer. Provide a trustful environment to conduct business. Consumers will be able to scan goods that they are intending on purchasing with an app on their phones and will be able to know the whole history of the product. For example food – whether its organic, where it comes from, how it was grown, what practices that farm uses etc. Whether a handbag is legitimate/authentic. A car, it will have the car facts times 20 on your phone!! They are in the process of re-branding, going on January – February 2018 to be its own smart contract platform similar to NEO, Ethereum etc. Owners of VeChain (VET) will receive .00042 Thor Power for every VET held in their Thor Power Forge Wallet (similar to NEO/GAS), node holders will receive a higher Thor Power rate of return. Jim Breyer who is a billionaire and past Forbes investor of the year has VeChain and Ethereum as the only 2 cryptos that his Breyer Capital is investing in. He is the Chairman of the Board of the Chinese equivalent of Harvard Business School. He is now an official adviser of VeChain. He has strong ties and connections to China.
Follow VeChain's twitter: https://twitter.com/vechainofficial and Sunny Lu's twitter: https://twitter.com/sunshinelu24 new billion dollar partnerships being announced all the time.
Like DNV GL and VeChain!
"VeChain welcomes Michigan State University as the first VeResearch partner. Michigan State has worked with VeChain for a while and introduced a technology entitled “EdgeChain” that combines MEC and VeChain Thor to enable new data marketplace opportunities for the VeChain Ecosystem. Michigan State University is ranked #1 in the world for Supply Chain Management six years in a row by U.S News & World Report." - https://medium.com/@vechainofficial/vechain-introduces-michigan-state-university-as-first-veresearch-participant-and-pioneering-the-mec-c8dec3015914
Watch VeChain in a Nutshell -