VeChain is an enterprise-focused blockchain ecosystem that aims to enhance supply chain management by connecting blockchain technology with the real world through ‘a comprehensive governance structure, a robust economic model, and advanced IoT integration’. VeChain enables manufacturers to assign products with unique identifiers on the platform, thereby allowing participants to track the movement and provenance of products in a supply chain. Started in June 2015, VeChain describes itself as ‘a pioneer of real-world applications using public blockchain technology, with international operations in Singapore, Luxembourg, Tokyo, Shanghai, Paris, Hong Kong, and San Francisco’
What Is VeChain?
VeChain (VET) is a blockchain project that seeks to provide IOT-based services. The aim of VeChain is to facilitate and secure the collection, management and exchange of data. There are multiple use cases for the VET coin such as, for example, assets authentication, tracking of goods and product maintenance simplification. Founded in Singapore, VeChain Foundation is an organization that governs and maintains the project, its development and promotion. VeChain news are mostly connected to the project’s new partnerships and its technological evolving. VeChain coin is one of those cryptocurrencies that have a certain market niche and are developed in order to provide specific services for particular use cases. VET market cap is among the biggest on the market.
How do I buy cryptocurrency?
While some cryptocurrencies, including bitcoin, are available for purchase with U.S. dollars, others require that you pay with bitcoin or another cryptocurrency.
To buy cryptocurrencies, you’ll need a “wallet,” an online app that can hold your currency. Generally, you create an account on an exchange, and then you can transfer real money to buy cryptocurrencies such as bitcoin or ethereum.
Coinbase is one popular cryptocurrency trading exchange where you can create both a wallet and buy and sell bitcoin and other cryptocurrencies.