I chose this token because it comes as a beneficial and indispensable accessory to all companies.
It offers the possibility of a net management superior to the current one. VeChain has been designed in Q2 since 2015. Since then, it has launched several intelligent contract templates and the smart VeChain chip that will be used to track all blockchain
products and protect them from manipulation, counterfeiting, while ensuring that the entire life cycle is safely stored on the blockchain, compared to barcodes, which are outdated when you look at how the technologocal advances. I believe that in a few years we will be able to scan a product in a NFC store and see its entire history - who did it - what it
got - and how long it took.
VeChain is one of the most important blockchain companies in the world, and it focuses on products and information.
The company builds a decentralized business solutions platform that businesses can easily interact with and trade on, without any intermediary.
VeChain has decided to create a platform for business solutions that can handle 10,000 transactions per second. DApps and ICO's award-winning plans on the VeChain platform, as well as the Internet of Things (IoT) integration, indicate VeChain's aspirations to become an all-inclusive blockchain platform for business solutions. The main VeChain’s goal is to put the supply chains on the block.
Blockchain technology is the perfect match for supply chains as it allows for greater efficiency and transparency.
The next upgrade, v4.0, is scheduled for the end of 2018. A key feature of this update is the integration of VeChain with the Internet of Things (IoT). In addition to IoT, the v4.0 upgrade will also lead to commercial, environmental and environmental features on the VeChain platform.
Bearing the previous arguments in mind, I believe this is a feasible investment, in terms of the need to implement VeChain services worldwide, especially as it is already working with partners with diverse branches of activity.
Ex: PWC, Renault, Givenchy, DNV GL etc.
The price fluctuated between $ 0.22 in August 2017 and $ 9.5 in January 2018. If one takes into account the development potential, it can be said that the results will be even better if we keep this flow for at least 5 years. I think the price will exceed $ 25 by 2020.