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Review on VeChain by Tiger Lee
With that said, VeChain consistently tops the list of the leading digital…
With that said, VeChain consistently tops the list of the leading digital currencies in the world. It is yet to reach the mainstream crypto market. But the coin has seen steady growth, since the time of its launch. And, with the release of the THOR Main Net, the future of VEN/VET looks positive.
Pros
- VeChain [VEN] has several working dApps on the platform, which are in use right now, albeit on a permissioned blockchain. It has a strong team that has relevant experience and expertise in the crypto space.One of the unique features of VEN is that it focuses on solutions for supply chain management. It aims to reduce the movement of counterfeit goods, improve management of supply chain and to provide assurance for product quality.
Cons
- VEN faces intense competition in the enterprise dApps category as well as in supply chain management from several other established digital currencies. It isn’t completely decentralized like other digital currencies. It takes a semi-centralized approach.
