Review on VeChain by erdi yılmaz
Vechain Doing Well
Vechain is a blockchain-based project developed for companies to control their supply chain.
Let's try to explain how Vechain works through an example.
Take the A company that serves food. Thanks to Vechain, this A company can follow the data obtained during the journey of a cheese produced in the factory, through the supply chain, until it reaches the market that it will deliver to its customers, and at the same time, the customer who wants to buy the cheese can see this data clearly.
Wherever this cheese travels in the country, Vechain will make it possible to know if the transport and storage requirements are met correctly.
For example, if the cheese needs to be kept at zero to four degrees Celsius while being transported, it can be understood whether these conditions are complied with or it will not be possible to change the expiry date determined at the exit of the factory. However, it will still be possible to determine whether the product is fake or not.
With this technology, it will be possible to detect counterfeit products and manage the supply chain in many markets such as automotive, agriculture and medicine.
In addition to providing quality control and supply chain tracking services, Vechain has a structure that can work in harmony with the Internet of Things technology.
Pros
- Thanks to Vechain, customers and companies will be protected from counterfeiting
- Vechain ensures full control of the supply chain
- Thanks to its partnerships with big companies, it is the number 1 of the sector it serves.
- Its value is steadily increasing
Cons
- There is nothing downside
