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Global ratings 197
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    60
  • 4
    118
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Type of review

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
  • 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
  • It is yet to reach the mainstream crypto market.

VeChain's developers have decided to create a platform where information can be stored in distributed, high-speed and transparent platforms. 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

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
  • Vchainisn’t completely decentralized like other digital currencies. It takes a semi-centralized approach.

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
  • 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
  • unknown founder.

VEN already build a good partnership in many sector, eg. business, food/drugs, logistic, agriculture, luxury goods which mean VEN attracted by many company. It has in place a disaster recovery plan for the likely event of being attacked. It is an Ethereum-based platform and token geared toward tracking massive inventories and other industrial use cases.

Pros
  • 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. 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.
Cons
  • VeChain has signed up several other global enterprise-level companies that desire similar functionality, such as Kuehne & Nagel (international sea and air freight).Though ledger-based systems are inherently effective for logistics, they are most relevant for companies coordinating the shipment of sensitive products for which chain of custody is an expensive yet necessary proposition. It is this niche that VeChain is most applicable though the idea can be applied elsewhere just as effectively

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.

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 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.

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
  • The VeChain team and the VeChain blockchain platform has been in operation for more than two years. Fortunately, having ventured into the world of Blockchain, it is not a mere buzzword or a foreign concept, Vchain met many passionate people who share the same goal and lots of enterprise partners who dare to explore the benefits of this new technology.
Cons
  • Many details still unknown, can't fully evaluate yet.

VeChain's developers have decided to create a platform where information can be stored in distributed, high-speed and transparent platforms. 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

Pros
  • In the past two years, the team has done lots of code modifications and improvements including DBGP, DMBSP, and DGIP protocols.
Cons
  • It has had a few PR blunders.

Revainrating 4 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
  • 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 )

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
  • Binance is a very good and efficient Exchange, I use Binance as my main exchange. BNB is Binance's coin, so its future development is very good and I believe that Binance will have a way to help her coin grow.
Cons
  • PR snafus - Reddit, partner announcement

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
  • 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
  • The large size of the development team could mean that new initiatives and upgrades may take a longer time to materialize.

The VeChain virtual currency is based on the ERC20 blockchain of Ethereum, so it can be stored on any type of wallet that supports Token ERC20 storage. Some types of purse can be used to store vechain such as MyEtherWallet, Trezor, Ledger Wallet, ImToken, MetaMask, ... in which MyEtherWallet is used most.

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

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
  • 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
  • Vchainisn’t completely decentralized like other digital currencies. It takes a semi-centralized approach.

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

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
  • Semi-centralized ' balanced approach ' + Governance - steering committee ( + node holders ) + Blockchain - 101 proof of authority nodes.

VeChain has quickly risen to the upper rungs of the cryptocurrency ladder by market capitalization and newsworthiness. VeChain foundation introduced a two-coin system, namely, VET and VeThor. This has been done to provide stability, longevity, and flexibility. VeChain has quickly risen to the upper rungs of the cryptocurrency ladder by market capitalization and newsworthiness.

Pros
  • Vechain (the VEN symbol) is a platform that allows chain expansion with special capabilities to enhance processes related to supply chain management. 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
  • Over a roughly 3 year history, needless to say, VeChain, through its various iterations, all of which include some participation of Sunny Lu, VeChain has proven itself a valid and likely candidate for more stringently regulated companies as well as government agencies considering blockchain ventures. Strong competition in both supply-chain and enterprise dApps fields. ( WTC, TRAC, WABI, NEO, ETH, EOS, QTUM ), VET also benefits from an active and creative user community, where users come together and discuss ideas, Great team and community no problems.

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
  • The access to transparency and symmetrical information. Breaking silos, reducing the trust issues between different corporates.
Cons
  • unknown founder.

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, and making the VeChainThor blockchain more suitable to conduct financial/business activities in terms of both, government users and ordinary enterprises.

Pros
  • VeChain is a blockchain platform with a major focus on supply chain management, smart contracts, and financial services. VeChain is evolving to become a scalable and reliable platform. It aims to build a strong distributed business environment that works without a central authority.
Cons
  • I know one of the big cons I see is that the code is closed source. Closed source usually has more bugs/issues because less eyes are able to look at it. This is VERY speculative but I am a bit worried of a hack near main release.

Can be considered as a good investment opportunity for beginners. Because the ability to climb up the ladder is high for VEN.

Pros
  • mainly concentrated on chain management and financial services. first cryptocurrency to facilitate disaster recovery.
Cons
  • The security can be considered to be comparatively low because the 2 step security is not contained inside the system.

Revainrating 4 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.For example, PwC client DIG uses My Story to enforce fraud prevention in their Chinese liquor distribution system, so that bottle-buyers at the end of the supply chain can check to see that their alcohol is legitimate. VeChain has signed up several other global enterprise-level companies that desire similar…

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
  • Large supply could be off-putting to some.