1 Level
6 Review
0 Karma
Review on VeChain by Mishaelle Hurdan
VeChain
VeChain was created in Singapore in 2015. It's aimed to improve the supply chain moving it to the blockchain. It gives an ID to each product. It helps to track the product's current location and other useful data. At this moment VeChain has partnerships with such established companies as HSBC, Alibaba, Coca-Cola, IBM, Oracle, Tencent, and Cisco.
ο»Ώ
Pros
- VeChain blockchain allows running dApps
- Big partners
- A strong team of developers
- Mega-useful project
Cons
- Semi-centralized network
- Slow development
- VET is not that successful on the market in comparison to other coins
