Blockchain

Story: VeChain (VET) is set to be the Amazon Web Service of the Blockchain

By Steven Anderson

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Sunny Lu recently expressed, If Blockchain is still like e-Commerce or Cloud 25 years ago, then VeChain is aiming to be AWS in crypto/Blockchain.

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For clarity, AWS refers to the Amazon Web Services of the blockchain.

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With the blockchain technology, smart-contracts and dApp technology becoming indispensable in individual and business scenarios, mass adoption of blockchain and dApps will…

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Vechain Sync 2 alongside VeChainThor is the superior choice for mainstream dApp mass adoption as Sync 2 takes off the majority of the jargon and the difficulty due to the…

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VeChain is successful because the high barrier to entry to the blockchain industry has been well taken care of and the entry is made easy for new users.

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For instance, when a user visits a blockchain-based URL and interacts with the page without installing Sync 2 or owning a crypto they get no help or response. 

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However, if they have installed the Sync 2, a wallet is generated in response to their attempt to perform an action using a ‘single page application’ (SPA).

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The good thing is that Sync 2 automatically takes care of wallet creation andin a live dApp, the user need not acknowledge the transaction costs at all, rather it will also be…

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Use cases for Sync2 are Gaming/NFT Environment, sustainability application and others.

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For instance, in Vimworld, which is a CREAM-owned collectible and gaming platform and in several other types of NFT platforms there are solid examples of applications which will…

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The user will be able to purchase a VIM of their choice, with the transaction fees silently handled in the background. And, similarly in several other similar products.

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User Experience matters the most in blockchain adoption and VeChain are doing a great job at it.

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We hope you’ll like this article and if so feel free to send a tip to our writers in VET or any other crypto via this link: https://thecurrencyanalytics.com/donate/

The Currency Analytics

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