Blockchain
By Maheen Hernandez
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VeChain Solving Real World Problems
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VeChain has facilitated for the first global use case in terms of vaccinations. Some of the users feel that this use case will trigger a bullish trend for VET.
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VeChain Foundation tweeted: “The first 100 COVID-19 vaccination records for medical personnel at The Mediterranean Hospital of Cyprus are now securely stored on the VeChain…
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It is worth checking the Mediterranean Hospital of Cyprus’ Digital Certificate concerning the vaccinations against Covid-19 via E-HCert Application to understand the process…
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The Mediterranean Hospital of Cyprus announced that 100 doctors and personnel of the Hospital received on 4th of January 2021 their first dose of the Covid-19 Vaccine.
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Important to note that previously in June 2020, more than 8000 people received their COVID-19 RT-PCR Tests results, through the E-HCert.
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VeChain are focused on solving real world economic problems, which is very visible from the different projects they are involved in.
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The meta-transaction features are native to VeChain Thor blockchain’s core protocol, like the multi-party payment, multi-task transaction, controllable transaction lifecycle,…
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Proof of Authority is a unique feature of VeChain – The authority Masternode Operators have an aligned interest in the development of VeChain ecosystem therefore help maintain…
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The identity of the authority Masternodes are strictly verified by the foundation. The built in smart contract controls the processes.
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Only low computation power is required to achieve the network security and consensus integrity.
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The two-token system of VET+VTHO has a major role to play to separate the cost of using the blockchain from the market speculation process.
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The blockchain resource utilization is correlated and the cost is more predictable with the monitoring of the VTHO supply and demand process.
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