Topic: Vechain Blockchain (Read 136 times)

Vechain is the next to the future because of those innovations and their movements towards to gain more popularity of their product and one of this is the use of the blockchain to the different products applied which is a good thing because we can now monitor what are these product, where it came from, who handled before and more things and features also today there are a lot of people making a duplicated products that we called today as fake items and by the help of this application we can now avoid those things because with the help of the QR scanner we can now tell that it is not an authentic product one question in my mind is why they don't want to accept this kind of technology it is more efficient to the whole. community because it is easier to have access to all of the information about the particular product? Is there something wrong with the use of it? If the budget in different countries they have a lot of budgets to support this kind of technology. I

What interests me in VeChain is about the Governance model. The transparency of it seems straight forward but making it appear that they could control most of the decisions and reaching a consensus to their benefits as well. The steering community is like a centralization type of feel to me, and it doesn't make any sense to use this, though.

There are a lot of blockchain applications that can be useful towards everyone but still have to have that "governance" or "steering community." I feel that there's no decentralization and for me, it's always essential in a project.

Today we are living to the things that have a lot of transactions must be monitored and verify the quality of the product. Now we have the use of the Vechain Blockchain.

which is a good initiative to make more reliable transaction with adaptative into the world of the blockchain. This kind of network may help a lot of people especially to the companies, business, suppliers and also the consumers to monitor their product.

The Vechain makes their Vechain thor blockchain network which consists of two categories :

1. Smart Contracts - made a credible transactions
Best example. Payment

2. IoT solutions - apply the blockchain into the real world

with the help of

• Radio-frequency Identification Device(RFID) - Transmit data with the help of radio waves
  Best example. Credit Card
• Near-field communication (NFC) - The most popular today payment with the help of the smartphone
  Example. Samsung NFC applied
• QR Codes - a barcode that can scan by the smartphones.

This wide adaptation to the market it helps a lot to the consumers to identify if their products are safe enough and genuine with the help of the Vechain Pro


You can now scan those products has a QR Codes to see the quality, travel time and history of the product to make sure the quality. Also, it gives good feedback to the suppliers and gained the trust of their costumers. By the help of the vechain we can avoid too counterfeiting of products.

Partners with VeChain
DNV.GL - Global Assurance about their business.
PWC - Adoption of QR Code about the quality of the product and all of the information of the product.
Walmart China - Apply QR Code to their meats, vegetables, and more products.
Foodgates - Food tracking all of the histories to make sure the quality.
BMW - Their produce the VerifyCar with odometer to identify the traveled distance of the car also with the help of Vechain they can now monitor the situation of the car from inside to outside.
Haier - This company sell a home appliances and partnership with the Vechain with the help of it the consumers can now identify the quality and information about the given product.
PICC
Invest Cyprus
DB Schenker  - Quality Service of the company.
Yida Holdings
BitOcean - Applying selling bet on their ATM
Reebonz - To make sure the quality of the luxurius products.
Renault - All specifications, information of the car and the driver, the credentials and the insurance of the car.
D.I.G - Attached NFC about the origin and content of the wine
Shanghai E Grid - Integrate the use of the blockchain in businesses.
BYD - Collecting data about the status of the car and drivers data.
LOGSAFER - logistics of the company
Bright Food - Quality and the situation of the food
FangHuwang - Banking Financial Product.


If this kind of blockchain network will adopt for over the world it helps a lot of business to make sure their product has a good quality for their consumers and also to the consumers they will be aware of the legit and fake product, also to the food to make sure it is safe to eat and the capability of it. I'm looking forward to this kind of action will be adopted as soon as possible.

Ps. I'm not promoting their platform all I just want is to share this kind of beautiful innovation that helps the whole economy.