- VeChain stands out as a great strength is the clear roadmap and direction of development for the project.
- Quality Control – with an increased focus on quality, companies can reliably maintain high product standards in their supply chain
- Hybrid Governance – it uses a semi-decentralized model with a decentralized system and centralized channels. This is to make sure that it is as efficient as possible
- Vechain is the centralized governance. There is a Board of Steering committee that actually makes the network more centralized and private than others like Ethereum.
- Fast growth – while not considered a real disadvantage, it can become one without proper guidance and a clear goal
- Lack of complete decentralization – while yes, the system is efficient, it is not completely severed from third-party influence. The network relies on Proof of Authority and 101 nodes to do the heavy lifting