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Review on VeChain by Kola Rasaq

Revainrating 5 out of 5

VeChain has made impressive progress over the years and has achieved…


VeChain has made impressive progress over the years and has achieved significant results. In the fourth quarter of 2014, we plan to release cross-chain and side-chain integrations to help deploy VeChainThor block chains into the same mature block-chain platform and into the same interoperability rig.

Since its own block chain has been launched, the capital raised by VeChain during the ICO is assigned to the corporate partnership foundation, allowing the integration of block chains into the logistics and supply chain systems.



Pros
  • For holding VET, even if you aren’t running a node, VeChain compensates with THO. The second layer coin is used in intelligent contracts and applications based on VeChain.Thor is like NEO's GAS. In other words, companies that rely on VeChain to track their supply chains and enhance their logistics processes provide a real incentive to operate their own nodes
Cons
  • None

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