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1 Level
6 Review
13 Karma

Review on VeChain by Thuong Son

Revainrating 4 out of 5

Strong team with extensive, relevant experience. proactive vision : academic…

Strong team with extensive, relevant experience.
proactive vision : academic research, disaster recovery plan, financial transparency reports.
Backed by well know VCs such as Jim Breyer
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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
  • It is yet to reach the mainstream crypto market.

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