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Review on VeChain by monte odes

Revainrating 5 out of 5

Vechain, is on of the few cryptos i see as having a future in the world after…

Vechain, is on of the few cryptos i see as having a future in the world after most altcoins die off. The use case being supply management. Tracking and proof of legitimacy is something that blockchain can help in a very big way. This can be seen as they havee accumulated a very large amount of partnerships. These are not just any run of the mill partnerships. With companies no one has ever heard of. These are partnerships with huge well known companies. Companies such as price waterhouse cooper, DNV GL, oh and lets not forget BMW. Vechain is already up and running with nodes in numerous locations. The use case for tracking is a lot greater then the use case for something like spankchain lol. Recently with vechain deploying their main net they have made some changes. These changes included increasing the supply to a very large amount. This can be very off putting to a lot of investors. Some rumors have been made recently as well. Rumors usually are nonsense and are just gossip, but when they include the RFID chip and where it came from, then it becomes a very big problem. The rumor is that vechain outsources their competitors RFID chip. I dont think this is true for many reasons, however i do worry that maybe they are outsourcing their chips and this tech. This if found to be true can be very bad because of their investors fud. If their tech is not made in house it is probably worrying for the reason of it being such a large piece of the tracking process. Besides this rumor which is most likley false, it is very hard to find bad things or cons with the vechain project.85 As time goes on i do believe vechain will be the leader in the supply management area of blockchain. They have built a very large infrastructure and have created partnerships with huge companies.



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.

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