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If you have been around long enough in the crypto sphere, I am pretty sure you would’ve heard about the VeChain coin. Vechain is a network that uses advanced technology aimed at providing solutions and innovation to data management and Internet of Things. Issues like counterfeit, fraud, data manipulation, fake assurance, and other barriers are something VeChain works towards rectifying. Except the VET coin, in the network you can use the VTHO (VeChain Thor) tokens, which are used to cover the

Pros
  • 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
Cons
  • 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

Revainrating 4 out of 5

VeChain blockchain uses the proof of authority

The VEN and VET are two coin system which is introduced in order to offer, longevity, flexibility, and stability. This will also help to prevent the transaction fees because of being in direct exposure to the volatility in the value of VET. This will make the VeChain Thor blockchain platform more suitable for performing financial and business activities in relation to the user and the government and ordinary organizations. The VeChain blockchain has been so created as to be adopted on a wide…

Pros
  • VeChain blockchain has been so created as to be adopted on a wide range by the enterprises.
  • VeChain technology can achieve a balance between decentralization and efficiency.
Cons
  • There are various reasons to invest in the VeChain but there are as many reasons to not invest in it.
  • Balanced approach is semi-centralized and hence is not entirely decentralized like the other major cryptocurrencies.

VeChain Thor is a solid project with a lot of great partnerships, including Hyperledger, Renault, PwC and more. They're expanding beyond supply chain into enterprise operations. This is definitely the B2B blockchain platform to beat.

Pros
  • The VeChain Thor team understands enterprise supply chain management and built a platform that supports it. IoT implementation supports RFID, NFC, and QR standards. ICO launchpad already successfully launched Plair (gaming rewards system on the blockchain). VET and VETHO dual-token system is great.
Cons
  • This blockchain isn't consumer friendly.

Revainrating 5 out of 5

A monster in the making.A sleeping giant

A monster in the making.A sleeping giant

Pros
  • Project with an awesome team. Government level partnerships. Two token model.
Cons
  • Doesnt have one.

It is a solid project with good bases to be able to move forward. It must be totally decentralized and face its initiatives strongly so that its powers can not take so much ground, its market capitalization is good but its daily volume is affecting the price considerably. There is work to be done.

Pros
  • Vechain is a well structured project, which offers the block chain as a service for companies for products and information. This project aims to create a distributed and trusted commercial ecosystem which is scalable. One of its most special characteristics is that it allows access to transparency and symmetric information, reduces the problems of trust between the corporations since through the blockchain they can obtain all the information without being modified or manipulated. It is based on the blockchain of Ethereum and to be able to make the most of the currency, the one who acquires it can obtain products and services through it. It is a currency that offers solutions in many fields of industry, these are the automotive for example that through intelligent contracts has an immutable digital profile recording information within it working in conjunction with a well-known company such as Renault, is also in the Liquor Industry, creating a monitoring and authentication platform for wine bottles, also selling at least, the agricultural industry. In this sense, the project has a lot of scope and is very robust to have the success it is currently having. The creator of the "Sunny Lu" project has a long career that gives him experience to continue leading VET to success. It is quoted in markets with a lot of volume and its networks move well.
Cons
  • It has presented a considerable drop in its current prices, it has competences in the same branch that they perform, they also offer very good solutions, which could cause their mass adoption to be a bit difficult, taking into account the other existing projects in the same business branch. Adional is not completely decentralized, a particularity that makes the blockchain attractive without doubts.

Revainrating 4 out of 5

With that said, VeChain consistently tops the list of the leading digital…

With that said, VeChain consistently tops the list of the leading digital currencies in the world. It is yet to reach the mainstream crypto market. But the coin has seen steady growth, since the time of its launch. And, with the release of the THOR Main Net, the future of VEN/VET looks positive.

Pros
  • VeChain [VEN] has several working dApps on the platform, which are in use right now, albeit on a permissioned blockchain. It has a strong team that has relevant experience and expertise in the crypto space.One of the unique features of VEN is that it focuses on solutions for supply chain management. It aims to reduce the movement of counterfeit goods, improve management of supply chain and to provide assurance for product quality.
Cons
  • VEN faces intense competition in the enterprise dApps category as well as in supply chain management from several other established digital currencies. It isn’t completely decentralized like other digital currencies. It takes a semi-centralized approach.

One of the unique features of VEN is that it focuses on solutions for supply chain management. It aims to reduce the movement of counterfeit goods, improve management of supply chain and to provide assurance for product quality.

Pros
  • All the partners of VEN will migrate to the VET/THOR dual-coin system, once the THOR Main Net is launched. It has a strong team that has relevant experience and expertise in the crypto space. VEN, on the other hand, emphasis solely on supply chain management. This focus helps the blockchain provide clear value propositions instead of generic solutions.
Cons
  • It isn’t completely decentralized like other digital currencies. It takes a semi-centralized approach. The large size of the development team could mean that new initiatives and upgrades may take a longer time to materialize.

Revainrating 4 out of 5

VEN is vastly different from BTC and ETH. BTC is solely a financial coin…

VEN is vastly different from BTC and ETH. BTC is solely a financial coin, whereas ETH is a generic cryptocurrency that aims to provide solutions for a wide range of applications. VEN, on the other hand, emphasis solely on supply chain management. This focus helps the blockchain provide clear value propositions instead of generic solutions

Pros
  • VeChain [VEN] has several working dApps on the platform, which are in use right now, albeit on a permissioned blockchain. It has several prestigious partnerships with leading international brands, and one recent example is BMW. VEN is vastly different from BTC and ETH. BTC is solely a financial coin, whereas ETH is a generic cryptocurrency that aims to provide solutions for a wide range of applications.
Cons
  • It has had a few PR blunders, VEN faces intense competition in the enterprise dApps category as well as in supply chain management from several other established digital currencies.

Revainrating 4 out of 5

All in all, VeChain is looking good. The partnerships it has with Groupe…

All in all, VeChain is looking good. The partnerships it has with Groupe Renault and BMW (automobile manufacturers) and DNV GL – a risk management and global assurance company – will be gaining more traction as the mainnet becomes more operational. Look for VeChain to continue the tradition of being the only top coin that managed to stay green in the year of 2018.

Pros
  • VeChain Identity technology is what makes it so easy to scan, onboard and track items on the ledger. When a new product is scanned, it’s given a VID that corresponds to a unique and encrypted SHA256 hash, which can then be written into the product’s RFID code, for example. VID also supports matching with NFC (Near-Field Communication) devices, other IoT devices, and also common scan technology like simple barcodes or QR codes. This makes it possible for each item to have a unique ID that cannot be tampered with, and to track what happens to any single item no matter where it’s been or how far it’s traveled.
Cons
  • The VeChain mobile wallet have some issue they should improved there mobile wallet.

The future that Vechain is aiming for will be the same as the NFC technology of smartphones used to trace the origin of any product in a store or showroom, including where the product was made by whom, when, where, and how to transport to the store or showroom you are looking at.

Pros
  • 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. The data would be encrypted and immutable. Brands and consumers can easily check and trace the transportation condition, and it would make the brands more credible and significantly lower the operation cost from the perspective of the third-party logistics provider.
Cons
  • Are they going to keep it closed source forever?

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.

VeChain is a blockchain-enabled platform that is designed to enhance supply chain management processes. By utilizing tamper-proof and distributed ledger technology, VeChain provides retailers and consumers with the ability to determine the quality and authenticity of products that are bought. From product source materials, to servicing history, and spare part replacements, every single piece of information about the supply chain movement of a product can be recorded and verified to bring about…

Pros
  • -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 lockchain-enabled product management platform utilizing NFC chip, RFID tag or QR code - immense use cases
Cons
  • -Large supply could be off-putting to som -unknown founder

VID technology allows real world business integration into the VeChain platform. Consumers can track a product from the product itself, through shipping and final delivery. Every effort to deceive consumers will be easy to detect, and one can determine the authenticity of the product at any stage.

Pros
  • 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. The data would be encrypted and immutable. Brands and consumers can easily check and trace the transportation condition, and it would make the brands more credible and significantly lower the operation cost from the perspective of the third-party logistics provider.
Cons
  • PR snafus - Reddit, partner announcement.

Global coin Report has been keeping an eye out on VeChain (VET) and things look like they are looking up for the coin that just migrated to its own blockchain. The Mainnet is live and running giving us one reason to HODL VET for the foreseeable future. The VeChain Thor (VET) platform has been slated as being the best of the best in the crypto-verse. Not many blockchain projects make it to the Mainnet phase and actually release an actual blockchain platform. But VET had all the signs…

Pros
  • Vechain has many features that can easily en-cooperate with the business environment in real world context.
Cons
  • i am not clear about vet project founder.

Strong team with extensive, relevant experience. proactive vision : academic research, disaster recovery plan, financial transparency reports. Backed by well know VCs such as Jim Breyer

Pros
  • Both past/future focuses are hot spaces in crypto. Several working apps being used right now ( on permissioned blockchain ) Many solid partnerships with direct use cases.
Cons
  • It is yet to reach the mainstream crypto market.

With the Vechain platform allows manufacturers to identify unique identifiers for each product available in their inventory. In this way, all stakeholders, including customers, manufacturers and supply chain partners, will be able to track the movement of products in the supply chain at any given time.

Pros
  • Each person and each enterprise has their own part to play in this eco-system. Based on their contribution and value, they can obtain relatively fair rewards. We wish to build a platform that supports high volume at high speed for the benefit of the enterprises in our ecosystem.
Cons
  • unknown founder.

Revainrating 3 out of 5

Vechain's goal is to build a reliable and distributed ecosystem based on…

Vechain's goal is to build a reliable and distributed ecosystem based on blockchain technology to transmit information transparent, deliver high-speed value and collaborate effectively.

Pros
  • Vchain relentless in the pursuit of being the world's first blockchain company to change the world for the better. Vchain original vision has never been changed. The dream is still the same as before To build a trust-free and distributed business ecosystem by enabling the flow of information and values at high-speeds through collaboration with enterprises.
Cons
  • PR snafus - Reddit, partner announcement.

VEN Coin is developed by a team of professionals from different industries including blockchain technology, business and finance.

Pros
  • Vchain relentless in the pursuit of being the world's first blockchain company to change the world for the better. Vchain original vision has never been changed. The dream is still the same as before To build a trust-free and distributed business ecosystem by enabling the flow of information and values at high-speeds through collaboration with enterprises.
Cons
  • 180 use cases and really large dev team. ( Potentilly hard to stay organized )

Revainrating 4 out of 5

Vechain (the VEN symbol) is a platform that allows chain expansion with…

Vechain (the VEN symbol) is a platform that allows chain expansion with special capabilities to enhance processes related to supply chain management. Vechain uses fake distributed technology to ensure the authenticity and quality of the product purchased by the user. Can be safely recorded to all participants of the platform. VeChain provides retailers and consumers with the ability to determine the quality and authenticity of purchased products.

Pros
  • VeChain intends to model these successful implementation cases as industry templates. I foresee more enterprises and business activities to be operating on VeChain’s platform.
Cons
  • Many details still unknown, can't fully evaluate yet.

Revainrating 3 out of 5

Future development roadmap 2017Q4:BLACP, PBCP, DCCP, CHAOS go-live, 3rd…

Future development roadmap 2017Q4:BLACP, PBCP, DCCP, CHAOS go-live, 3rd generation smart chip, Asymmetric blockchain checksum, VeChain launched B-a-a-S cloud platform, and more business implementation cases. 2018Q2:VeChain v3.0 go-live, Rust-restructure, VeChain Token (VET) related service including VeChain Token (VET) wallet, gas exchange, audit service, etc. VeChain Token (VET) launches, completing VeChain Token (VET) and ERC20 token 1 to 1 exchange. 2018Q4:VeChain v4.0 go-live, achieve…

Pros
  • VeChain intends to model these successful implementation cases as industry templates. I foresee more enterprises and business activities to be operating on VeChain’s platform.
Cons
  • PR snafus - Reddit, partner announcement.