Review on VeChain by onur bln

Name: VeChain
Item: VeChain
Rating: 4

October 23, 2020

VeChain

vechain entered the digital money market in August 2017. It is a digital currency established by the singapore-based vechain foundation to provide companies with products and information with block chain technology.

There are currently 476,173,805 vechains (veins) in the digital money market. The maximum number of veins that can enter the market in total is 867,162,633.

For now, among the sectors that vechain provides using the blockchain infrastructure are retail, automotive, luxury consumer products, alcoholic beverages, agriculture and logistics companies.

The purpose of vechain is to integrate blockchain technology into its customers' operations to ensure products are immutable and inimitable. It guarantees a system in which all products can be recorded in blockchain technology with their own data and even the company cannot manipulate this information. In addition to the system, it records information such as product sales, storage and transportation in the blockchain ledger. With a completely transparent process, vechain ensures that the products that deserve the right value and quality reach the customers in the best way.

vechain stated that it wants to re-brand in 2018 and plans to change its name to "thor". In addition to this name change, they aim to create a much larger, ambitious, fast and powerful structure. The vechain development team decided to call this restructuring process "apotheosis". Vechain, who said that he will do many updates with rebranding, did not give information about the features to be added or changed.
As a crypto baby who entered the crypto world in the early 2020s, it would not be wrong to say that the vechain project was the favorite of the crypto market in 2017. Seeing that the coin, which was at the level of $ 1 at that time, is now around 0.25 cents, does not whet the appetite for buying at these times when bitcoin is also at the bottom.

Considering the real world viability of the vechain project and the partnerships it has made, although there is no investment advice, if I had a little more money to spare today, I would definitely go at these levels. Until the end of 2020, especially after the bitcoin halving, if the expected bitcoin rise occurs, it is not even sincere that the vet coin will do at least 10x.
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