Review on VeChain by Saloote Sakai
vechain
From what I have learned about the vechain project, a kind of vechain blockchain is a kind of barcode system that is inserted in stores and all products. The difference is that in vechain all the information is in a decentralized network that is non-manipulative.
Of course, according to what I read about vechain, the tracking of goods is done through NFC, RFID and QR codes, which I think makes it possible for different types of product groups to be supported by vechain.
Currently, the network currency (VET) is ranked 18th in coinmarketcap and a lot of attention has been paid to this project because the products of this team have been offered. I am optimistic about the future of this currency, of course, in the long run and I do not expect it to rise quickly to the 5th rank, for example.
Pros
- Supports a variety of goods tracking methods that make most commodity groups in this network
- Good ranking among the biggest market caps
- A great idea
Cons
- none
