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Global ratings 197
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Type of review

Revainrating 5 out of 5

Vechain project is really helpful , because it has helped the government of…

Vechain project is really helpful , because it has helped the government of china to establishef a traceabillity system to track wines that are imported by china , in my opinion that vechain is very good and interesting project

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.

Revainrating 5 out of 5

However VeChain can provide real solutions and has a good vision. So I can…

However VeChain can provide real solutions and has a good vision. So I can conclude it as a good project.

Pros
  • The Proof of Authority used by vchain is really interesting. The blockchain is controlled by whitelisted authority nodes and they are really unique.
Cons
  • The really large development team of VeChain is a negative factor because many the people, many the problems as usual.

Revainrating 5 out of 5

VEN is a really unique concept since it mainly give value for the management…

VEN is a really unique concept since it mainly give value for the management of the supply chain. This can be of interest of many enterprises.

Pros
  • Vechain has many features that can easily en-cooperate with the business environment in real world context.
Cons
  • The coin is not really decentralized as expected because of the balanced approach of VeChain

Revainrating 4 out of 5

One of the projects that must be kept an eye in the coming year and further.

One of the projects that must be kept an eye in the coming year and further.

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
  • Could have made a better progress. But due to market collapses and such, the progress of the coin has lost its initial momentum.

Revainrating 4 out of 5

In conclusion it is a good currency in place 19 according to coinmarket, I…

In conclusion it is a good currency in place 19 according to coinmarket, I have faith that it will reach a higher place because of the attractiveness of this currency with its possibility of tracking and details in its transactions

Pros
  • It is interesting how your currency solves everyday problems for a company.
Cons
  • I do not see any contra, more than usual in a cryptocurrency.

Revainrating 5 out of 5

sstrong and good team and having good rank and volume . and its listed on…

sstrong and good team and having good rank and volume . and its listed on major exchanges .Interoperability Blockchain may allow the safe exchange of data.

Pros
  • The identification of assets on the blockchain will enable transparent production lines, asset traceability and authenticity of goods. VeChain purpose to connect blockchainto the real world by providing a comprehensive governance structure, a robust economic model as well as advanced IoT integration, and pioneers in real world applications. It is a coin with great ranking in coinmarketcap.
Cons
  • circulating supply is very high and competitor of this project is rapidly increases.

Revainrating 5 out of 5

Based on various videos, fan-made whitepapers and market reports — we can…

Based on various videos, fan-made whitepapers and market reports — we can presume that VeChain will use RFID tags, QR Codes and NFC chipsets to digitize assets which can then be managed through a cloud platform. By using blockchain the data gathered from digital assets becomes trustless and tamperproof, enabling valuable information to be shared between manufacturers, suppliers, transporters and customers. However, the methodology of this is unclear because VeChain have failed to release a…

Pros
  • Vechain, using blockchain technology, aims to tackle the growing issue of fake products by revolutionizing the supply chain. The digital identification of assets on the blockchain will enable transparent production lines, symmetrical databases, asset traceability and authenticity of goods.
Cons
  • VeChain’s ambition is to develop a decentralised business ecosystem, which enables the flow of information securely and privately, building trust and transparency across borders and companies.

Revainrating 5 out of 5

The VeChain platform is used to track Identity or VID to track products. It…

The VeChain platform is used to track Identity or VID to track products. It can be written using QR codes, RFID tags, or Near Field Communication (NFC) tags.

Pros
  • Through the years, VeChain had the privilege to work with many enterprises and have accumulated plenty of experience in project implementation across various industries.
Cons
  • Large supply could be off-putting to some.

Revainrating 3 out of 5

Good place in coinmarketcap but circulating supplychain still very high.

Good place in coinmarketcap but circulating supplychain still very high.

Pros
  • VeChain is a leading global enterprise level public blockchain platform. VeChain aims to connect blockchain technology to the real world by providing a comprehensive governance structure, a robust economic model as well as advanced IoT integration, and pioneers in real world applications. It is a coin with good place in coinmarketcap.
Cons
  • Very high circulating supplychain and maximum supplychain wich make holder a big problem.

Revainrating 5 out of 5

Work on a blockchain of Efirium from which sooner or later Vicheyn should…

Work on a blockchain of Efirium from which sooner or later Vicheyn should migrate.

Pros
  • By means of Vicheyn it is possible to carry out digitization of people, goods and services. It has become possible thanks to existence of communication between API and all known forms of information.
Cons
  • Support from the Chinese authorities. The network consisting of 111 knots and working in 5 countries of the world

Revainrating 4 out of 5

A very dedicated team, sound business ideology and committed to make a…

A very dedicated team, sound business ideology and committed to make a difference, these are my observation of the Vechain project in the past few months of doing business on the platform and with their VET coin. They are one few projects with a selling product. They render blockchain based IT solutions to companies and offers a decentralised and distributed database. I also like the simplicity of their website.

Pros
  • You will find their web space simple and easy to navigate through. But that is not all tgere is to fancy about them, they are really dedicated.
Cons
  • They can improve surely in communication and endeavour to get more popular across the business world. The more they are known, the more attractive they can be to investors.

Revainrating 4 out of 5

By installing smart sensors on the transportation vehicle, key information…

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.

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.

Revainrating 4 out of 5

I think that almost everyday now is a good time to buy, since the last months…

I think that almost everyday now is a good time to buy, since the last months.. atleast will keep this great opportunity before the launch of the main net.. after that i think we will "skyrocket", something like eth did past year. I really think VET is the most undervalued coin put there, and i think that the main reason is because it still runs on eth blockchain.

Pros
  • In the past two years, the team has done lots of code modifications and improvements including DBGP, DMBSP, and DGIP protocols.
Cons
  • It is yet to reach the mainstream crypto market.

Revainrating 4 out of 5

Vechain Coin is developed by a team of professionals from different industries…

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

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
  • 180 use cases and really large dev team. ( Potentilly hard to stay organized )

Revainrating 4 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 is among the rare crypto currencies that have glowed in recent times. Especially in the product supply chain, it makes it easier to find new partners with the advantages of potential use and potential. This attracts more and more investors.
Cons
  • Many details still unknown, can't fully evaluate yet.

Revainrating 4 out of 5

2 years under their belt as a team and blockchain Already deployed in several…

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 token used in VeChain platform is called VET VET is likened to the fuel or the blood which supports VeChain’s distributed platform. All participants must use VET to get products and services.
Cons
  • 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

2 years under their belt as a team and blockchain Already deployed in several…

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
  • 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
  • The PR team of VeChain is not too experienced with PR: For eg. The PR team had made a premature partner announcement that caused confusion for audience as well as for the mentioned partner team.

Revainrating 4 out of 5

Strong team with extensive, relevant experience. proactive vision : academic…

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
  • 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
  • It has had a few PR blunders.

Revainrating 4 out of 5

The vechain coin is a very large, practical, and very cheap coin that is going…

The vechain coin is a very large, practical, and very cheap coin that is going to be pretty cheap, so it's going to be high, so you If you intend to invest, then invest today.

Pros
  • The access to transparency and symmetrical information. Breaking silos, reducing the trust issues between different corporates.
Cons
  • The large size of the development team could mean that new initiatives and upgrades may take a longer time to materialize.

Revainrating 5 out of 5

With reference to the experience of corporate governance structure, the…

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. VeChain has signed up several other global enterprise-level companies that desire similar functionality, such as Kuehne & Nagel (international sea and air freight).

Pros
  • VeChain foundation introduced a two-coin system, namely, VET and VeThor. This has been done to provide stability, longevity, and flexibility. It will also help in the prevention of transactional fees being directly exposed to the volatility in the price of VET. It differentiates itself technologically both by having a centralized, top-down development process as opposed to the open contribution model favored by other cryptocurrencies and by using Proof-of-Authority.
Cons
  • where users come together and discuss ideas, Great team and community no problems.