Review on VeChain by Olugbenga Ajayi
Veechain transformed blockchain
The Vechain blockchain was born out of the desire to provide a robust blockchain powered infrastructure for data management and the internet of things technology.with the aim of solving tHe real life economic issues. The founder LiJung believe that the blockchain technology used by bitcoin and ethereum created possess some weaknesses like proper governance model and this leads to inefficiency and poor capacity to conduct fact iteration.
Vechain is all about amagig data relating to business such as data on various stakeholders, events or product with vechain working as protector.
It is an Enterprise oriented platform That strife to connect blockchain with concrete use cases Particularly in the field of quality control, data authenticity and supply chain. It's market capitalization is up to 243,233,339 with daily volume of $127, 081,237
Pros
- Veechain has a lot of daily transaction
- Veechain is high in market capitalization
Cons
- Some promises made are yet to be achieved
New products
Comments (2)
May 15, 2020
Vechain is all about amazing data relating to business such as data on various stakeholders, events or product with vechain working as protector. It is an Enterprise oriented platform that strife to connect blockchain with concrete use cases particularly in the field of quality control.
May 14, 2020
Vechain look inward into the problem of bitcoin and ethereum especially and believe that something can be done to improve their effectiveness and efficiency. That is why vechain has a real world use case in the areas of data management.
