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1 Level
6 Review
12 Karma

Review on VeChain by Nuoc Mat

Revainrating 4 out of 5

VID technology allows real world business integration into the VeChain platformโ€ฆ

VID technology allows real world business integration into the VeChain platform. Consumers can track a product from the product itself, through shipping and final delivery. Every effort to deceive consumers will be easy to detect, and one can determine the authenticity of the product at any stage.
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Pros
  • By installing smart sensors on the transportation vehicle, key information such as temperature, humidity even steadiness during the cold-chain logistics can be collected and recorded on the blockchain in real-time. The data would be encrypted and immutable. Brands and consumers can easily check and trace the transportation condition, and it would make the brands more credible and significantly lower the operation cost from the perspective of the third-party logistics provider.
Cons
  • PR snafus - Reddit, partner announcement.

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