Today I would talk about Vechain (VEN) which is a project established in June 2015 and had ICO held in August 2017. It is managed by VeChain Foundation which was established in Singapore.
VeChain is a global information transformation platform based on blockchain technology. It digitalizes real people, products or events, by linking API with the system's application layer connecting blockchain with real-world information. We make use of Smart Contracts focused on real industrial operations.
VeChain achieves collaboration and value transferring between different use cases. Hence, it maps the real world activities to blockchain. VeChain is creating a brand new business model, which provides 'trust service' to all collaboration parties across all platforms, entities, industries and consumers.
Vechain has successfully implemented blockchain solutions across various industries such as luxury goods, liquor and agriculture. These use-cases go beyond the Proof-of-Concept and have already been launched on the market globally.
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VeChain has established partnerships with PricewaterhouseCoopers, DNV GL, Renault Group, KUEHNE+NAGEL, D.I.G., China Unicom, etc., and accumulated extensive experience in fashion and luxury, auto mobile, supply chain management, logistics, liquor tracing, and many other industries.
Rank#15 in the coinmarketcap with $3.2Billion marketcap, which I condiser it is still an undervalued coin. VeChain is a great coin for day trading too.
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