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Review on VeChain by LA Anh

Revainrating 4 out of 5

Future development roadmap 2017Q4:BLACP, PBCP, DCCP, CHAOS go-live, 3rd…

Future development roadmap

2017Q4:BLACP, PBCP, DCCP, CHAOS go-live, 3rd generation smart chip, Asymmetric blockchain checksum, VeChain launched B-a-a-S cloud platform, and more business implementation cases.
2018Q2:VeChain v3.0 go-live, Rust-restructure, VeChain Token (VET) related service including VeChain Token (VET) wallet, gas exchange, audit service, etc. VeChain Token (VET) launches, completing VeChain Token (VET) and ERC20 token 1 to 1 exchange.
2018Q4:VeChain v4.0 go-live, achieve commercial ecological environment system integration platform. Integration with IoT, and more specific industrial blockchain cloud.




Pros
  • VeChain intends to model these successful implementation cases as industry templates. I foresee more enterprises and business activities to be operating on VeChain’s platform.
Cons
  • Semi-centralized ' balanced approach ' + Governance - steering committee ( + node holders ) + Blockchain - 101 proof of authority nodes.

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