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1 Level
6 Review
13 Karma

Review on VeChain by Xa Lam

Revainrating 3 out of 5

2 years under their belt as a team and blockchain Already deployed in several…

2 years under their belt as a team and blockchain
Already deployed in several countries (nodes)
Active Dev team, Vechain is from the founder of Qtum.
alliances with many of the worlds top corporations.




Pros
  • The VeChain foundation is a non - profit entity established in Singapore in July 2017. The foundation will act as VeChain sponsor entity, committed to VeChain’s development, construction and governance, transparency, advocacy and promotion work, and promote the safety and harmonious development of open source communities. With reference to the experience of corporate governance structure, the foundation will set up functional Committees, including the strategic decision-making Committee, the technical audit Committee, the remuneration and Nomination Committee and the public relations Committee.
Cons
  • VEN faces intense competition in the enterprise dApps category as well as in supply chain management from several other established digital currencies.

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