VeChain

VeChain is a blockchain platform aiming to enhance supply chain management and business processes. Its goal is to streamline these procedures and information flow for complex supply chains through the use of distributed ledger technology (DLT).

The VeChain platform has two tokens:

VeChain Token (VET)

VeChainThor Energy (VTHO)

The VeChainThor blockchain is the foundation of the VeChain ecosystem and is designed for mass business adoption. It has the following features:

EVM Compatible: It is compatible with the Ethereum Virtual Machine (EVM), making it easier for developers to create smart contracts.

Low Cost: VeChain has a dual token system, VET and VTHO, which helps to keep transaction costs low.

Fee Delegation: This feature allows an account to sponsor another account for transaction costs.

Fast: VeChainThor blockchain boasts a high transaction speed.

Transaction Lifecycle Management: This allows users to manage the lifecycle of a transaction.

Clauses: These are a unique feature of VeChain that bundle several transactions into one.

The platform also has a whitepaper, "Web3 for Better", co-authored with Boston Consulting Group, which outlines their vision for a sustainable, circular economy, powered by Web3 and discusses their approach to building cross-industry blockchain business ecosystems that incentivize and empower stakeholders to create real-world impact.

VeChain has partnerships with multiple enterprises and consumers worldwide use VeChain powered solutions on a daily basis. They also offer a grants program and provide extensive documentation for developers.

For more information or to start building with VeChain, you can visit the VeChain website.