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25 Karma

Review on VeChain by thanh hao

Revainrating 4 out of 5

VEN is vastly different from BTC and ETH. BTC is solely a financial coin…

VEN is vastly different from BTC and ETH. BTC is solely a financial coin, whereas ETH is a generic cryptocurrency that aims to provide solutions for a wide range of applications. VEN, on the other hand, emphasis solely on supply chain management. This focus helps the blockchain provide clear value propositions instead of generic solutions

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Pros
  • VeChain [VEN] has several working dApps on the platform, which are in use right now, albeit on a permissioned blockchain. It has several prestigious partnerships with leading international brands, and one recent example is BMW. VEN is vastly different from BTC and ETH. BTC is solely a financial coin, whereas ETH is a generic cryptocurrency that aims to provide solutions for a wide range of applications.
Cons
  • It has had a few PR blunders, VEN faces intense competition in the enterprise dApps category as well as in supply chain management from several other established digital currencies.

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