Crypto Exchange

VeChain (VET)
Purpose: Supply chain blockchain
Price for 1 VET
0,0314 $
1,43 %
- Comprehensive management solution, for instance through co-determination via voting rights
- Private individuals cannot set up nodes
- Proof of authority: authority masternodes append blocks to the blockchain
- Authority masternodes require KYC verification and can decide whether they are publicly known
- Tracking of digital assets on the blockchain
- Smart contracts or dApps record transfer of ownership from company to company
- Centralized further development of the blockchain by the VeChain Foundation.
- VeChain Improvement Proposals (VIP) collects suggestions for improvements from the community
- VeChain Identity (VID) for each object via NFC, RFID and QR codes to track supply chain and current status.
- Identities are created by "mining" an SHA256 function
- VID summarized in tags activated by software and stored on the blockchain
- Nodes are set up and maintained exclusively by the participating companies
- 4 different types of nodes
- Nodes receive rewards in the form of VTHO, authority masternodes even 30% of all VTHO consumed in transactions
Payment methods:
Usability:
Features:
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