Looking for VeChain? Find VET Price, Exchanges, Reviews, Chart, Historical Data & VET Marketcap
VeChain (VET) Ranked 31 in Coin Market Daddy Currencies Index. VeChain (VET) price is $0.005695. It has a current circulating supply of 55,454,734,800 VET and a Marketcap of $315.82M. Today VeChain price is down (-0.60%). $47.19M worth of VeChain (VET) has been traded in the past 24 hours. VeChain (VET) currency type is coin. VET trading is available in number of exchanges. Exchanges information is updated automatically. Stay tuned to check updated information. If you find any error on this page, please Contact Us to update VeChain (VET) and contribute to CMD Cryptocurrency Encyclopedia.
The vision of VeChain and the VeChainThor Blockchain is to build a trust-free and distributed business ecosystem platform to enable transparent information flow, efficient collaboration, and high-speed value transfers. The vision is manifested through several qualities.
In this ecosystem, the information is relatively transparent and symmetrical. A large portion of the source of profit comes from the realization of actual value. In this ecosystem, individual business parties can greatly reduce the potential trust cost between additional parties. This makes business cooperation simpler, more efficient and less expensive. This enables the business to concentrate resources on more advanced technology and better products and services to create more value.
In this ecosystem, each business owner, including enterprises and individuals, can position themselves based on their contribution and value, and obtain a fair reward.
In this ecosystem, all business activities are like individual dots running isolated on the blockchain platform. Through business use cases and innovations new links can be discovered among the dots by maximizing the features of blockchain. This results in a interconnected webbing of dots across the entire ecosystem.
In this ecosystem, the value of growth comes from building links to dots to create grouped value. An example is linking between car company and consumer. From this created value you can find organic growth out of newly discovered links that can carried by high-speed value transmission between these now grouped dots and links. The forms of value created and serviced will be commodities, products, services, assets and funds.
The VeChainThor Blockchain is the platform to carry out this future ecosystem with robust blockchain core infrastructure, matching infrastructure services, proper governance and economic design, growing community and business engagement.