Review on VeChain by RODRIGO REIS
I hope that the recent partnerships and the upcoming VeChain Summit 2019 inβ¦
I hope that the recent partnerships and the upcoming VeChain Summit 2019 in San Francisco on April 18 will give a good boost to the price of the currency. Vechain is definitely one of the highlights of 2019.
Therefore, VeChain is a great investment for the portfolio in this year 2019.
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Updated 5 years ago
Rating changed from 5 to 4
Among the great events related to Vechain (VET) currency we have partnered with the BMW car company - launch of the VerifyCar service on the VeChainThor Network.
We also partner with the professional services company Deloitte (a member of the Big Four Pricewaterhouse Coopers) to develop blockchain solutions
Despite some good news, VeChain has been underperforming in recent months, the value of the currency has depreciated strongly mainly in comparison with some rival currencies
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Pros
- VeChain, currently is the 23rd largest cryptocurrency by market capitalization, It`s a blockchain platform that has its primary focus is on supply chain management, smart contracts and financial services. It works with Two-coin system, VET and VeThor in an attempt to provide more stability and flexibility. making the VeChainThor blockchain more suitable for conducting financial activities with governments, companies and public bodies in general. The global DNV-GL certification organization is now using the VeChain platform to track their wines, resulting in more transparency and less counterfeiting.
Cons
- It needs to explode in the market. New partnerships can help Vechain to reach the goal. VechainThor Wallet needs to work better...crashs and poor interface
