Recently, VeChain held a video contest, in which the VeChain foundation invited the community to create original videos that describe VeChain’s use cases, partnerships, and its rebranding to VeChain Thor. I’ve gathered the top five finishers in the contest and as you can see, they are very instructive, creative, and entertaining. Congrats to the winners!
If the recent dip in Bitcoin and Cryptocurrencies has taught us anything, it is that we should be looking beyond whitepapers and vaporware for applications of blockchain technology that can solve actual problems. VeChain (VEN) seeks to be one of the first cryptocurrencies with solid real-world applications, by establishing itself as a BaaS (blockchain as a service) platform. They have already begun using blockchain technology in logistics to tackle important issues like counterfeiting of luxury goods, tracking of supply chain items, and quality control of food and other perishables. Beyond this, they are seeking to establish an entire business ecosystem with blockchain as its backbone. While this may sound like a lofty goal, they are already well on their way, by emphasizing collaboration with established companies and the Chinese government. Continue reading “VeChain Could Be the Top Performing Cryptocurrency of 2018”