Project: VeChain (VEN)
What it is: a Blockchain platform for the digitization of products and information
Start trading 22.08.2017 G.
Rate on the date of bidding start: $0.24
Rates today: $4.62
The total output tokens: 873.4 thousand
The number of tokens in circulation: 466.8 thousand
Market capitalization: $2.1 billion
Trading volume per day: $467 million
About the project VeChain (VEN)
VeChain (VEN) is a blockchain platform to bring information from the real world with the technology of the blockchain by digitization. The project developed a convenient and transparent system for registry not only food products, but also the same of other areas included in the supply lines and mechanism of management.The project has already demonstrated the ability to scale a system built in the industrial sectors in its branches (including France, Singapore and Hong Kong)
The project aims to create a self – managed and scalable ecosystem for business, which will ensure the transparency of information flows and the effectiveness of cooperation.
To date the project team has deployed 111 nodes in 5 countries, in addition, in recent years it has been substantially amended, including протоколыDBGP, DMBSP and DGIP. VeChain (VEN) already has a successful experience of implementation of blockchain technology in such areas as pharmaceuticals, logistics, textile industry, luxury goods and others. Branches of the project opened in several countries, in addition to the above.
The introduction of Autonomous and decentralized mechanism.
An algorithm for predicting risks.
The Union of commercial and technological solutions.
The gateway service API.
Services of third parties.
Distributed data store.
Tokens history course VeChain (VEN)
Initially, the tokens of the project had a Ticker VET, after the rebranding, carried out in December 2017, the Ticker was changed to VEN. VEN tokens are the internal currency VeChain and used for payment of all services on the platform.
On exchanges tokens VeChain appeared 22.08.2017 the city at the rate of $0.24. Peak rate reached 22 January and was $9.45. at the moment the rate is around 4.48$ and slowly going up, which indicates a gradual recovery of the project after the fall of the market in January 2018.
VeChain (VEN) course in the last 24 hours (on February 7)
VeChain (VEN) course in the last 2 months (on February 7)
- Twitter: 68 thousand
- Telegram: 15.5 thousand
- Facebook: 3.5 thousand
- Youtube: 1.4 thousand
Development and news VeChain (VEN)
Project development commenced in 2015 With the launch of the product in the original code, there have been many modifications and improvements. In July 2017 Fund was established VeChain, which included sponsorship of the project and promote its development. In December 2017 the Ticker VET has been changed to VEN.
Now the project team working on developing the 3rd version of the platform and the smart chip of the 3rd generation. February 26 is expected rebranding. In the 4th quarter is expected to release a new version of the platform (4.0) and integration with IoT (Internet of things).
Summary VeChain (VEN)
VeChain (VEN) – an ambitious project that is rapidly gaining popularity. This contributes to a successful experience VeChain for implementation of blockchain technology in a variety of industries, opening of new branches worldwide, active technical development of the project and the increase in the number of subscribers in social networks. Among the investment risks should consider the fact that the concept of a decentralized service logistics, implemented in the framework of this project, still too young and its widespread adoption can cause a number of complications and delayed for a long time. However, despite this, the project VeChain is very promising from the investment point of view. Tokens VEN can demonstrate significant growth in the long term.
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