Pros
- It guarantees better quality control of merchandise.
- It works in a decentralized way.
- It is dependable.
Cons
- None.
VeThor Token Review
12
·
Average
Rating
3.5
Crypto Projects
Description of VeThor Token
VeThor Token (VTHO) is a cryptocurrency and operates on the VeChain platform. VeThor Token has a current supply of 60,223,782,191 with 61,029,643,295 in circulation. The last known price of VeThor Token is 0.00136527 USD and is down -1.83 over the last 24 hours. It is currently trading on 49 active market(s) with $1,652,078.31 traded over the last 24 hours. More information can be found at https://www.vechain.org/.
Pros
- Security
- No intermediary needed
Cons
- I don't see any bad sides
Pros
- it has high potential
- project by experienced professional team
- they cooperate with many businesses
Cons
- token price very low
Pros
- It has key instruments, which will permit you to develop your business resources, the training and utilization of this cash in the business sectors is ensured.
- Security hub with a decent help in its open code, permits a right assessment of the cycles and with complete library of the relative multitude of exchanges.
Cons
- Absence of actual installment implies, to accomplish another degree of development carry out customary installments where the utilization of tokens is permitted at retail locations, with cards
Pros
- The main benefit of the THOR symbol is to execute smart contracts in the chain.
- It is a distribution chain to ensure that it is free from fraud.
- This is technological infrastructure.
- That it performs the function of protecting the authenticity of the goods.
Cons
- I didn’t find the negative side.
Pros
- It ensures better quality control of goods.
- It works in a decentralized manner.
- It is trustworthy.
Cons
- None.
Pros
- Multitasking.
- The project management model is transparent.
Cons
- Still not popular in the market.
Pros
- VTHO is used as has fee to cover cost of transactions
- The VeTHOR features a lot of advantages and benefits
- Network is secured with the PoA consensus mechanism
Cons
- Low market value and influence
- Not popular enough to capture the general market attention
Pros
- It has key tools, which will allow you to grow your commercial assets, the practice and use of this currency in the markets is guaranteed.
- Security node with a good support in its open code, allows a correct evaluation of the processes and with complete registry of all the transactions.
- Import market position, handle large numbers of users, using and paying with your currency, is a successful commercial bet.
Cons
- Weakness in your commercial advertising, it is important to highlight the most relevant points of your project.
- Lack of physical payment means, to achieve another level of growth it is important to implement traditional payments where the use of tokens is allowed at points of sale, with cards.
Pros
- Used to track the history of a product
- It allows detecting counterfeits in products
- Works without intermediaries
Cons
- It is not linked to a stable asset
Pros
- VET has a strong leadership team. They have rich experience and have worked in large companies. The project has already cooperated with many other enterprises, and is now developing enterprise-level platforms so that more SMEs can quickly use the block chain.
Cons
- The currency is a little low, Huh-huh The market is not too hot. Marketing should keep up with it.
Pros
- -3 Top Wine Makers have officially adopted the blockchain-powered solution, My Story,which utilises VeChain's network in addition with DNV GL. This is a great real life example to show how one can scan the QR code on a bottle of wine to discover the history of each wine, across the whole supply chain, from grape to bottle. -VeChain has other impressive partnerships: >Chinese government in the Gui’an New Area—this is a economic development project >BMW—the automobile giant company >PriceWaterCooper House— one of the big 4 accounting firms in the world >BYD-BYD will use VeChain’s automobile lifecycle management solution to create a carbon banking structure that will reward vehicle operators with credits according to their carbon footprint, which is based on their driving performance and carbon reduction. Each vehicle operator’s footprint is recorded on the VeChain blockchain, making it verifiable and immutable. BYD will release two new types of cars which will feature the VeChainThor software. >The China State Tobacco Monopoly Administration and the China National Tobacco Corporation. >Kuehne and Nagel—the biggest global sea freight forwarder in the world and second biggest air cargo. >Fanghuwang Financial Services who provide collateral backed loans to small and medium size enterprises. >Shanghai Xiandao Food. Vechain will be integrated throughout the entire supply chain and data management system. >Introduction of Swell. Swell is a third party offering VeChain powered services to the fashion and clothing industry. >VeChain partners with the Fuji MARUMO Tea Garden to verify the origin of their tea products. > BIOS Middle East partners with VeChain to start offering Blockchain-as-a-Service solutions in the Middle East. BIOS provides cloud-based solutions to over 300 companies in the Middle East. -VeChain technology is advanced and can evolve to 4th and 5th Gen Blockchain, and more, if needed! In other words, it can be seen as Blockchain X. -Individuals can take advantage of their second currency, VTHO or Thorpower. This works like NEO and GAS. VTHO is like electricity and VTHO are used to power smart contracts and transactions. Holders of VET receive free VTHO, i.e. a passive income which is calculated on a daily basis! The VTHO has a stable value. -They have a VeChainThor Mobile Wallet available on the App Store and Android marketplace, so you can store and observe your VET and VTHO currencies. -VeChainThor introduced Node tokenization in December 2018. Each Node status will be represented by a Token held in the VeChain Wallet. Using the market found inside the mobile wallet, one can buy or sell a Node Status.
Cons
- -Partnerships still need to develop further and accomplish meaningful results. It is still early days, as it is for the rest of the industry. -It is susceptible to volatile price changes, with rest of crypto currencies. -It is semi-centralised and not truly decentralised as other cryptocurrencies are. -VeChainThor currently only supports Solidity for smart contracts, but the team is working together with external parties to add support for additional programming languages like Rust.
