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1 Level
6 Review
28 Karma

Review on VeChain by Hung Cuong

Revainrating 4 out of 5

The VeChain platform is used to track Identity or VID to track products. It…

The VeChain platform is used to track Identity or VID to track products. It can be written using QR codes, RFID tags, or Near Field Communication (NFC) tags.
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Pros
  • Each person and each enterprise has their own part to play in this eco-system. Based on their contribution and value, they can obtain relatively fair rewards. We wish to build a platform that supports high volume at high speed for the benefit of the enterprises in our ecosystem.
Cons
  • Vchainisn’t completely decentralized like other digital currencies. It takes a semi-centralized approach.

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