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11 Karma

Review on VeChain by Dieu Dang

Revainrating 4 out of 5

Vechain's goal is to build a reliable and distributed ecosystem based on…

Vechain's goal is to build a reliable and distributed ecosystem based on blockchain technology to transmit information transparent, deliver high-speed value and collaborate effectively.For example, PwC client DIG uses My Story to enforce fraud prevention in their Chinese liquor distribution system, so that bottle-buyers at the end of the supply chain can check to see that their alcohol is legitimate. VeChain has signed up several other global enterprise-level companies that desire similar functionality, such as Kuehne & Nagel (international sea and air freight).




Pros
  • VeChain is the world’s leading blockchain platform offering Blockchain-as-a-Service to enterprises for products and information By leveraging on blockchain technology, VeChain strives to build a trust-free and distributed business ecosystem, which is self-circulating and scalable.
Cons
  • Large supply could be off-putting to some.

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