1 Level
16 Review
27 Karma
Review on VeChain by Jet Lee
By installing smart sensors on the transportation vehicle, key informationβ¦
By installing smart sensors on the transportation vehicle, key information such as temperature, humidity even steadiness during the cold-chain logistics can be collected and recorded on the blockchain in real-time. VeChain's developers have decided to create a platform where information can be stored in distributed, high-speed and transparent platforms.
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Pros
- VeChain provides retailers and consumers with the ability to determine the quality and authenticity of purchased products. 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
- Vechain's currently ranking no18 by market cap. Vechain team is also working on offering a platform similar to Ethereum on which developers can build their decentralized appsCons. They are making changes, upgrading, and adjusting platform strategies to meet the current needs and future challenges of the platform. In this way, they successfully maintain the integrity of the information and ensure that it is safely stored.
