Vechain Price Prediction 2021! Vechain Latest News Today !
Vechain Price Prediction 2021! Vechain Latest News Today !
#vetcoin #vechainnews #Vechain
00:00 Vechain News & Update
03:15 Price & Trend Analysis
07:47 Key Highlights
10:00 VeChain (VET) Smart Contracts Daps
11:14 Partnerships & Price Predictions
Why VeChain Will go The Top 10 Cryptocurrency ! How high tin can Vechain or VET token go this bull run? Vechain Price Prediction 2021! Vechain Latest News Today ! Watch this video to see my price predictions 2021 and the latest news for VeChain (VET)
Key highlights:
VeChain’s VET token is currently ranked 12th in market capitalization
VET has gained over 1,000% since January 1
VeChain has created a blockchain platform for supply chain management
What is VeChain and what problems does it aim to solve?
VeChain is a blockchain platform that offers solutions for supply chain management to businesses. While most people see the power of cryptocurrencies and blockchain technology as a potential disruptive force for the financial industry, VeChain is aiming to disrupt some other huge economic sector: the global trade of physical goods.In 2018 the total value of all merchandise traded around the globe was over $19 trillion.
VET combines IOT (Internet of Things) infrastructure and blockchain technology, aiming to improve existing supply chains for various businesses. Essentially, goods are equipped with electronic tags such as QR codes that enable businesses to track goods through the entire supply chain. The tracking information is then placed on the blockchain and is completely transparent for all to see. Basically, it enables the tracking of products from the manufacturer through all the participants in the supply chain and finally to the end consumer.
VeChain has made some significant progress in development and in securing partnerships. Last August they announced food-oriented supply chain solutions on the VeChain Thorchain, their service platform. This enables businesses to deploy decentralized applications or DApps to track their products using pre-made templates specific to their industry.
Their partnership with Travala in August 2020 enables VET as a payment for accommodation in over 2,200,000 hotels and homes worldwide. In September they also joined the Chinese animate beingness Health and Food Safety Alliance, which includes the Chinese branches of McDonald’s, Starbucks and Walmart. In January a hospital in Cyprus began utilizing the VeChain blockchain to store vaccination records on their blockchain platform.Vechain will defiantly live going much higher in 2021. There is a lot of positive news and price predictions. You tin can see in this video the latest news that affects the Price predictions in 2021 for VeChain (VET)
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Vechain Price Prediction 2021! Vechain Latest News Today !
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