Criptomoeda VeChain (VET)

VeChain is a blockchain platform launched in 2015; the company behind it has offices in China, Japan, Singapore, Europe and the US. VeChain is a Blockchain-as-a-Service (BaaS) platform that offers hardware and software solutions for businesses and developers. ToolChain is a core part of the ecosystem, which enables blockchain implementation in real-life use cases for industries like automobile, fashion, food safety, agriculture and others. VeChain has a working product supported by corporate and technology partners.

There is also VeChainThor public blockchain designed for mass adoption of the technology by businesses of all sizes. VeChainThor is based on a dual-token (VET and VTHO) model.

VET is a part of a two-token system, which also includes VTHO. VET functions as a value-transfer medium enabling fast value circulation in the VeChainThor ecosystem. Holding VET tokens allows to generate a constant rate for VTHO (in other words, VET is used as a stake). VET can’t be mined on the consumer market; nodes are managed by companies participating in the ecosystem.