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
- R snafus - Reddit, partner announcement.
Pros
- they have a use case. They have a lot of partnerships. Main net has launched.
Cons
- Very competitive space. outsourced the chips needed for tracking.
Pros
- VeChain uses the blockchain to provide benefits to a range of industries, addressing specific issues associated with each sector while providing a solution. In the spirits industry, for example, food safety is a major concern, especially for imported foods. In particular, companies are concerned with how counterfeits can be stopped and how tracking and tracing can be made more effective.
Cons
- None
Pros
- Ability to digitize physical goods : To make this possible, the developers decided not only to use QR codes, but also NFC chips and RFID tags. Together, these technologies give virtually no mistakes. The product receives its unique number and is entered in the blockchain. In the register you can see all the necessary information about the product, learn its "history", the manufacturer, the route through which it was delivered and much more.
Cons
- None
Pros
- VeChain was the first blockchain project to make a deal with the Chinese government. It is also the first blockchain project to have created the first accredited cryptocurrency disaster recovery plan with the support of its partner PriceWaterhouseCoopers
Cons
- Unlike Neo's GAS , the Thor tokens will have a stable value. So if you have been investing in GAS, you would know that GAS price has risen a lot which makes VET Thor token bad for investment.
Pros
- For holding VET, even if you aren’t running a node, VeChain compensates with THO. The second layer coin is used in intelligent contracts and applications based on VeChain.Thor is like NEO's GAS. In other words, companies that rely on VeChain to track their supply chains and enhance their logistics processes provide a real incentive to operate their own nodes
Cons
- None
Pros
- VeChain Thor has introduced a new economic model that creates predictable and stable conditions for its target customers. In addition to VET, the economic system is similar to the NEO, as there will be a new cryptanalysis called VTHO (VeThor Token). VeChain Token (VET) is used for business and financial activities, and VeChaihThor Token (VTHO) is used for payment and intelligent contract enforcement transactions.
Cons
- VeChain's biggest competitor based on market capitalization is Waltonchain. The main goal of both projects is to combine RFID chips with block-chain technology to provide a more efficient and transparent way of managing supply chains and waltonchain seems to be ahead in terms of product and roadmap implementation.
Pros
- An old project that began ten years ago in 2007, (and coin launched in 2015, which still makes it a pretty old coin) so it's a well thought process and shows that it already has survived several years on the market and still holds a good value. It will support the payment transactions and execution of smart contracts via Vethor. Proof of Authority : meaning a very secure blockchain.
Cons
- I don't see many particular problems with it right now.
Pros
- governance model is based on a consensus used in the platform called proof-of-authority(PoA) PoA can be referred to as a "fusion" block chain. It combines centralization and advancement of technology in the old generation. It also removes many of the stubbornness of the government, based solely on the identity of the validator, not the consensus of the network. The approved node validates all transactions.
Cons
- In the chaos created by any new technological revolution, the question of whether something will “work” or “get funded” or “have utility” long-term loses importance for a period.
Pros
- VeChain is the world’s leading blockchain platform offering Blockchain-as-a-Service to enterprises for products and information By leveraging on blockchain technology, VeChain strives to build a trust-free and distributed business ecosystem, which is self-circulating and scalable.
Cons
- Strong competition in both supply-chain and enterprise dApps fields. ( WTC, TRAC, WABI, NEO, ETH, EOS, QTUM )
Pros
- You can be earning passively by just holding Vet token with Thor power. THOR power is used to pay transaction costs when the main net starts up. If you have VET in your wallet, you can make it manually. The ability to produce THOR is a powerful incentive to maintain VeChain for organizations seeking to control operational costs and for individual investors looking for "dividend" benefits
Cons
- The method of how Vechain works is unclear because VeChain did not release there white paper. This obscures the public about how the blockchain is actually used. There are many problems in creating a block-chain-based supply chain that needs to be discussed and reviewed by the public.
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
- Strong competition in both supply-chain and enterprise dApps fields. ( WTC, TRAC, WABI, NEO, ETH, EOS, QTUM )
Pros
- It help to curb counterfeit products in the industry and share more details about the products with user than ever before . One of the biggest advantage is that project is their existing partners -BMW , DNV , and PWC
Cons
- It is semi-centralised balanced approach . So it is not really decentralised as other cryptocurrencies are and it potentially hard for it to stay organized.
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
- Semi-centralized ' balanced approach ' + Governance - steering committee ( + node holders ) + Blockchain - 101 proof of authority nodes.
Pros
- Possess many technological advancements which would assist in high speed transactions at greater frequencies. Has made a positive impression among the majority of the community at this point
Cons
- - Huge supply - Centralization - PR team has not much experience - Many competitors
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
- Support from the Chinese authorities. The network consisting of 111 knots and working in 5 countries of the world
Pros
- VeChain tries to create a reliable ecosystem with scalable advantages of blockchain enterprise. is a lucrative concept which is majorly concerned with supply chain, distributive product data, and logistics business on the blockchain. The platform focuses or more real-world business activities and ensures that there are more practical applications of decentralized ledger technology than conceptual and theoretical ideologies alone.
Cons
- Large supply could be off-putting to some.
Pros
- The VEN can perform as a smart payment currency and VEN tokesn has the privilege and ability to use and get into the VeChain blockchain.
Cons
- They haven't reached the mainstream market yet and the expectations are high now to expand and improve.
Pros
- There are many encouragements for real businesses to cooperate with vechain and they satisfy the basic requirement of enterprises.
Cons
- There are problems in the PR team due to lack of experience and they have already made mistakes with their announcements.
Pros
- The vechain platform has a very high scalability due to the use of the PoA system and even be upto 10 000 transactions per second,
Cons
- VeChain currently does not seem to have identified te real competition from other blockchain systems
