VeChain current price is $0.0127.

VeChain current price is $0.0127 with a marketcap of $817.19 M. Its price is -13.00% down in last 24 hours.

Buy / Sell Vechain

VeChain (VET)
Live Price
$0.0127
24h %
-13.00%
Market Cap
$817.19 M
Volume
$163.52 M
Available Supply
64.32 B VET
Rank
27

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VeChain is a blockchain-enabled platform that is designed to enhance supply chain management processes. By utilizing tamper-proof and distributed ledger technology, VeChain provides retailers and consumers with the ability to determine the quality and authenticity of products that are bought. From product source materials, to servicing history, and spare part replacements, every single piece of information about the supply chain movement of a product can be recorded and verified to bring about a supply chain management ecosystem that is secure for all participants. VeChain plans to achieve this secure supply chain management ecosystem via the method of asset digitization. VeChain enables manufactures to assign products with unique identities to the platform. This will allow manufacturers, supply chain partners, and even consumers, to track the movement of products through their supply chain. There is also the VeChain Foundation. The Vechain Foundation is a non - profit entity established in Singapore in July 2017 and is responsible for the construction of the network, and technological research and development. The Foundation also plays an important role in business development. The Foundation encourages and supports partnerships with enterprises that may be interested in utilizing blockchain technology as a service. This includes payment services, private key management, smart contract development, and wallet development. There is no doubt that blockchain technology can be an important innovation to supply chain management. With a growing list of business partnerships and technological developments, VeChain is positioning itself to be THE disruptive, and innovative force that reshapes the way we think about supply chain management. The solution of "hard forking" has made people question the idea of "de-centering" of Ethereum and even Blockchain. This way of governance is not so much a "democracy" as an "anarchy." VeChain development team highly regards blockchain’s decentralizing nature, yet intends to adopt some traditional corporate governance and thus improve the efficient formulation and implementation of the VeChain development and strategy for the benefit of the community to prevent and avoid serious blockchain design philosophy differences and irreconcilability. Sunny Lu is the CEO of the VeChain Foundation and has already become an important figure in the blockchain space. Before he established VeChain, he co-founded the Chinese Internet start-up which developed Qtum, a very important digital asset in the crypto space. He was previously the CIO and COO of Louis Vuitton China.The team behind VeChain consists of over 90+ employees, most of them being developers. Chief Technology Officer, Gu Jianliang, has over 18 years of experience in areas such as mobile devices and the IoT field, and has created over a 100 patents in several technological fields. Kevin Feng serves as the Chief Operations Officer of the VeChain Foundation. Feng has been actively involved in many technology projects in his 12 years working for VeChain’s partner, PWC, as a consultant and assurance advisor.

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Twitter News Feed

VeChain FoundationFollow

Retweet on Twitter VeChain Foundation Retweeted

Cointelegraph @Cointelegraph·

18 Sep

VeChain says it has already signed up an alliance member as a client and that more are expected to follow https://cointelegraph.com/news/vechain-offers-services-to-130-firms-in-china-as-food-safety-alliance-member

Reply on Twitter 1306772059318415361 Retweet on Twitter 1306772059318415361313 Like on Twitter 1306772059318415361911 Twitter 1306772059318415361

VeChain Foundation @vechainofficial·

17 Sep

We're proud to announce that #VeChain has joined the China Animal & Food Safety Alliance (CAFA)! At CAFA, we will be the sole public blockchain tech provider in the alliance, providing technical & infrastructural support for more than 130 council members.
https://medium.com/@vechainofficial/vechain-joins-china-animal-health-and-food-safety-alliance-cafa-as-council-member-to-provide-2720b6a108fa

Reply on Twitter 1306594155049623571 Retweet on Twitter 1306594155049623571599 Like on Twitter 13065941550496235711551 Twitter 1306594155049623571

VeChain Foundation @vechainofficial·

14 Sep

Our smart money $VET is now available on @travalacom! You can now book from more than 2.2 million accommodation destinations using $VET. Get 10% #VETBack for bookings paid before 30th Sept 2020!

Travala.com 🏨 ✈️ 🏡@travalacom

#VeChain Token (VET) is now live as a Payment Option to book +2.2M Hotels & Homes on #Travala

To celebrate this, get 10% #VETBack for bookings paid with $VET

Valid until 30th Sep, 2020. Book Now on http://Travala.com 🏨

@sunshinelu24 @vechainofficial $AVA #VET

Reply on Twitter 1305509304653369344 Retweet on Twitter 1305509304653369344272 Like on Twitter 1305509304653369344844 Twitter 1305509304653369344

VeChain Foundation @vechainofficial·

11 Sep

Congratulations to OceanEx for their new product launch OceanEx Pay! Merchants can now choose to integrate their plugin to accept cryptocurrency tokens such as $VET, $VTHO, and more as a payment method.

OceanEx Official@OceanexOfficial

📢[UPDATE]#OceanEx launched a brand new product OceanEx Pay on Sep 11. OceanEx Pay is a payment system that allows merchants to use OceanEx as custodian service and accepts #cryptos. In future, it will empower us and @vechainofficial ecosystem.
More info: https://link.medium.com/eSy7naBaH9

Reply on Twitter 1304433599043698688 Retweet on Twitter 1304433599043698688120 Like on Twitter 1304433599043698688515 Twitter 1304433599043698688

VeChain Foundation @vechainofficial·

10 Sep

We're overwhelmed by the passion shown by the #VeFam! Good news from @EBlockchainCon: 15 more conference tickets (over 3000€!) will be given away!

Congratulations to the 20 #VeChain community members tagged below. Check your DM inbox for more info & see you in the conference!

VeChain Foundation@vechainofficial

We're giving away 5 tickets (over 1000€!) to the EU #Blockchain Convention Virtual 2020! Our CEO @sunshinelu24 will be speaking alongside execs from Daimler, Bosch. To participate:

1) Follow our Twitter
2) Like & retweet this tweet with #VeChain and tag 3 friends
3) You're in!

Reply on Twitter 1304062728378613760 Retweet on Twitter 130406272837861376073 Like on Twitter 1304062728378613760287 Twitter 1304062728378613760

VeChain current price is $0.0127.