Vechain VET blockchain

VeChain (VET) Makes use of Valuable Data to Ensure Authenticity on Blockchain

October 17, 2020 Off By Maheen Hernandez

There is a growing curiosity about VeChain’s recent research achievements with top tier universities.  To make things clear, there is a special guest who will be making in the VeChain BootCamp Episode 9 on Oct 22, 10PM UTC+8. Users who join live might be able to win VET Rewards.

Questions about VeChain PoA 2.0 can help win VET Rewards.  VeChain Foundation has required the users to prepare relevant questions in advance regarding VeChain PoA 2.0, AlphaBlock, etc. and to register via the link or QR code.  If the question gets answered by the speaker, users will get $20 VET rewards!

Sydney Ifergan, the crypto expert tweeted:  “VeChain(VET) are in to avoiding counterfeiting of any kind in the supply chain industry with blockchain technology. Valuable Data is used to ensure authenticity.”

Vexchange recently expressed that Vexchange passed $5000 avg volume.  They stated that they have seen an explosive growth.  They also stated that they have managed to claim a total $20000 USDT from the Vechain Grant Program.

When someone asked Vexchange on what will happen to their nodes if they provide $VET pool liquidity?  The reply was, you’re transferring $VET so if you go below your node amount you’ll lose your node.

The community operations director of Vechain Official announced that there is a ‘How to integrate VIP-191’ series by @abyteahead, developer.  Introduced with a clarification stating, VIP-191 fee delegation allows users to use VeChain without holding crypto-assets. It’s the secret behind Walmart China & the key to $VET mass adoption!

VeChain VET Progression

VeChain Foundation tweeted:  “Ubique Tag, a leading supplier of smart tags in China has now integrated VeChain ToolChain™ for its products. Millions of liquors from China’s top giants are already being traced on VeChain main net while opening the door for dozens of Ubique clients.”

Regarding Ubique Tag it goes that with the change in lifestyle and a fast-growing middle class, Chinese customers are looking for more choices for high-quality alcohols. As there is also a growing need for digitalization and better optimization in the supply chain in terms of traceability and authentication this has prompted companies to adopt better technologies to serve their clients.

Also, the VeChainThor mobile wallet app (version 1.5.5) is now available in the iOS marketplace. They have fixed the app crashing issue for iPhone 6 users. Android 11 issues are currently being fixed an update will be in place again when there is more info.

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