Cena VeChain (VET)

VeChain is an enterprise blockchain solution developed to bring efficiency, accountability, and transparency to operations. VeChain, formerly a fork of the Ethereum codebase, focuses on enterprise applications with emphasis on supply chains for product lifecycle management. The platform employs tamper-proof blockchain technology to enable consumers and retailers to determine the authenticity and quality of products.

VeChain began in 2015 as a private consoritium chain, working with a host of enterprises to explore applications of blockchain. VeChain would begin their transition to public blockchain in 2017 with the ERC-20 token VEN, before launching a mainnet of their own in 2018 using the ticker VET.

VeChain aims to use distributed governance and Internet of Things (IoT) technologies to create an ecosystem which solves major data hurdles for multiple global industries from medical to energy, food & beverage to sustainability and SDG goals. By leveraging the power of trustless data, VeChain is building the digital backbone that will underpin the fourth industrial revolution, which demands real-time and trustless data sharing between many participants.