What is VeChainThor?

in #vechainthor5 years ago

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#VeChainThor (VET), formally known as #VeChain, was based on the #Ethereum Platform. With the growth of the project and future direction by the team, VeChain completed a Mainnet Swap to VeChainThor. VET utilises blockchain technology to focus on business applications related to tracking inventory and product management.

  • Through the utilisation of blockchain technology VET aims to ensure quick transactions based on PoA (proof of authority).
  • VET supports decentralised Apps (dApps) assisting in the streamlining of organisational processes, combined with with IoT.
  • VeChain has a multitude of partnerships with reputable organisations such as DNV GL, PricewaterhouseCoopers (PwC) and Kuehne & Nagel.

Through VET's focus on supply chain management and reputable team behind them, they could potentially change the product management industry as we know it.