VeChain (VET) the Best for Non Fungible Tokens based Project of any Kind on BlockchainOctober 23, 2020
VeChain according to Deloitte’s research, VeChainThor blockchain scores higher in security and scalability than Ethereum. PoA allows the system to achieve a near-optimal throughput and latency performance, and it significantly reduces energy consumption and transaction costs.
Sunny Lu, Vechain tweeted: “Blockchain Application with Value is encouraged by any government for sure.”
Sydney Ifergan, the crypto expert opined, “VeChain (VET) and the best possible technology for supply chain management go hand in hand.”
VeChain Foundation on Oct 20, 2020 expressed that DNV GL and Shanghai Renji Hospital jointly announced the building of an intelligent tumor center on VeChain Blockchain. They have expressed that they are excited to contribute to the global public health especially in tumor prevention and treatment using their technology.
VeChain have their own set of research achievements with top tier universities. Those who are curious might have to check VeChain BootCamp Episode 9 that was held on Oct 22, 2020.
Also, on October 26, 2020 Sunny Lu will be participating in an AMA hosted by Crypto.com. VIMWorld will be joining them for the Non-Fungible tokens based discussion. Several of them already know that VET is really the perfect tech for any NFT project. They are a real public blockchain with equal treatment for every project.
While there is lot of competition and rating for different crypto projects, it is interesting to see that each of these projects are propelling through their own road map and mission by doing their best. Looks like every blockchain project are doing what it takes to deliver their best.
VeChain (VET) For Beginners
For those who are new to VeChain, it is a smart contract platform which is focused on providing supply chain management solutions for enterprises and integrating with Internet of Things (IoT) devices to make it possible.
VeChain being a multi-purpose enterprise blockchain is meant to improve business operations to provide for product tracking. VeChain blockchain development is a modified fork of Ethereum. They have their design focus on the Internet of Things (IoT) and supply chain management.
Until date, VeChain have been doing a lot in terms of expanding their focus to multi-purpose functionality providing customizable support for several enterprise uses. VeChain core developers are doing their best in optimizing for on-chain governance, low transactions fees, interoperability with non-blockchain technology, and regulatory compliance.
VeChain are focusing on all that is needed to provide for authorized stakeholders for every kind of enterprise or business process who interfaces using the VeChain Thor blockchain, includes storage, transportation, and supply, ranging from manufacture through delivery.