VeChain | Trading Non Stop

What is VET?

VeChain (VET) is a blockchain platform built for businesses to improve supply chain management, promote sustainability, and streamline operations through transparent data tracking and smart contracts.

Business Solutions – Helps industries like logistics, healthcare, and luxury goods track products from start to finish more efficiently.
Two-Token System – Uses VET for transferring value and VTHO to pay for transaction fees, separating the cost of using the network from the token’s market value.
Real-World Use – Works with major companies like Walmart, BMW, and LVMH to fight counterfeit products and support sustainable practices.

Deep Dive

1. Purpose & Value

VeChain addresses problems in supply chains by providing a secure, unchangeable record of products as they move from production to delivery. For example, Walmart China uses VeChain to track food safety information, and BMW uses it to prevent odometer fraud with its VerifyCar system. VeChain also supports sustainability by rewarding eco-friendly actions, like recycling, through its VeBetterDAO platform, where users earn B3TR tokens for participating.

2. Technology & Governance

VeChainThor is VeChain’s blockchain, compatible with Ethereum’s technology, which recently upgraded to a system called Delegated Proof-of-Stake (DPoS) through the Hayabusa update. This means instead of a few centralized validators, a decentralized group manages the network. Users can stake their VET tokens and delegate voting power to help secure the network. The upgrade also introduced dynamic tokenomics: all base transaction fees paid in VTHO are burned (removed from circulation), which reduces supply over time, while validators earn extra tips as rewards.

3. Ecosystem & Partnerships

VeChain supports over 350 applications, including tools that connect different blockchains, like Wanchain, which links Bitcoin and Ethereum networks. It has partnerships with organizations like UFC and 4ocean. Its StarGate staking platform encourages users to hold their tokens long-term by rewarding them with VTHO, currently locking over $140 million in value. VeChain also complies with regulations, such as obtaining a MiCA license in Europe, making it attractive for institutional investors.

Conclusion

VeChain is a leader in using blockchain technology to meet real business needs, focusing on practical applications rather than speculation. With upgrades like Hayabusa promoting decentralization and strong partnerships supporting global growth, VeChain’s commitment to sustainability could transform industries well beyond 2025.