What is Vechain ? | All about Vechain in short | Crypto Currency Vechain

What is Vechain?

VeChain is a cryptocurrency and smart contracts platform focused on supply chain management. It allows manufacturers to add sensors, such as RFID tags, to their products that can then record data onto the VeChain blockchain.

When was Vechain invented ?

Vechain was founded by sunny lu, the former chief information officer (CIO) of louis vitton China, in 2015. It started as a subsidiary of Bitse, one of China's largest blockchain companies, and is among the few blockchains that already have a substantial customer base among established companies.

Importance of Vechain?

VeChain is a blockchain platform which is designed to enhance business processes and supply chain management. Its goal is to streamline these processes and information flow for complex supply chains through the use of distributed ledger technology (DLT).

Future of Vechain?

Wallet Investor predicts that the VeChain price could go up to $1 by 2025. As per the predictions of Digital Coin Price, the price of VeChain could go up to $0.15 in 2021 and up to $0.30 in 2025.

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