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Topic: What do you think about the recent VeChain announcement? (Read 239 times)

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Blockchain technology isn’t limited to just finance. There are dozens of domains waiting to be disrupted using blockchain tech. One of the most important ones, integral to almost all of manufacturing is the supply chain, which is where VeChain comes in.

VeChain, the worldwide leading public blockchain platform, has started to work with a leading cloud service provider in the United Arab Emirates. In a recent press release, published yesterday,  VeChain and BIOS Middle East have come to an agreement after they both signed a memorandum of understanding. This is in order to create a blockchain as a service framework and launch blockchain enabled cloud services.

VeChain foundation introduced a two-coin system, namely, VET and VeThor. This has been done to provide stability, longevity, and flexibility. It will also help in the prevention of transactional fees being directly exposed to the volatility in the price of VET, and making the VeChainThor blockchain more suitable to conduct financial/business activities in terms of both, government users and ordinary enterprises.
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About VeChain:

"VeChain strives to build a trust-free and distributed business ecosystem to enable transparent information flow, efficient collaboration and high speed value transferring."

Here is the announcement:
https://medium.com/@vechainofficial/vechain-apotheosis-the-beginning-d9f0fdbdc910

Do you like coins, which are offering master nodes? Are such coins more likely to catch interest of users? Or are you more interested in the business itself?


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