![]() What is the all-time low for VeChain (VET)? Comparatively, the current price is -91.00% lower than the all-time high price. The highest price paid for VeChain (VET) is $0.280991, which was recorded on (almost 2 years). What is the all-time high for VeChain (VET)? The trading volume of VeChain (VET) is $89,787,616.10 in the last 24 hours, representing a 36.30% increase from one day ago and signalling a recent rise in market activity. What is the daily trading volume of VeChain (VET)? Other popular options include BKEX and Binance. The most popular exchange to buy and trade VeChain is BitMart, where the most active trading pair VET/ETH has a trading volume of $174,944.04 in the last 24 hours. VET tokens can be traded on centralized crypto exchanges. Feng has been actively involved in many technology projects in his 12 years working for VeChain’s partner, PWC, as a consultant and assurance advisor. Kevin Feng serves as the Chief Operations Officer of the VeChain Foundation. Chief Technology Officer, Gu Jianliang, has over 18 years of experience in areas such as mobile devices and the IoT field, and has created over a 100 patents in several technological fields. ![]() He was previously the CIO and COO of Louis Vuitton China.The team behind VeChain consists of over 90+ employees, most of them being developers. Before he established VeChain, he co-founded the Chinese Internet start-up which developed Qtum, a very important digital asset in the crypto space. Sunny Lu is the CEO of the VeChain Foundation and has already become an important figure in the blockchain space. With a growing list of business partnerships and technological developments, VeChain is positioning itself to be THE disruptive, and innovative force that reshapes the way we think about supply chain management. There is no doubt that blockchain technology can be an important innovation to supply chain management. This includes payment services, private key management, smart contract development, and wallet development. The Foundation encourages and supports partnerships with enterprises that may be interested in utilizing blockchain technology as a service. The Foundation also plays an important role in business development. The Vechain Foundation is a non - profit entity established in Singapore in July 2017 and is responsible for the construction of the network, and technological research and development. VeChain has been able to demonstrate massively boosted efficiency, traceability and transparency across data trails, supply chains and within novel kinds of ecosystems, such as those in San Marino targeting UN SDGs, among others. Such actions first require all-stakeholder community votes. This has the additional benefit of ensuring costs of using the network can be kept stable by tweaking certain variables such as the amount of VTHO required to service a transaction, or by increasing the VTHO generation rate. VTHO is used to pay for GAS costs, separating the need to expend VET when writing data. VET generates VTHO and acts as the store of value and value transfer medium. The platform uses two tokens, VET and VTHO, to manage and create value based on its VeChainThor public blockchain. By leveraging the power of trustless data, VeChain is building the digital backbone that will underpin the fourth industrial revolution, which demands real-time and trustless data sharing between many participants. ![]() VeChain aims to use distributed governance and Internet of Things (IoT) technologies to create an ecosystem which solves major data hurdles for multiple global industries from medical to energy, food & beverage to sustainability and SDG goals. ![]() VeChain would begin their transition to public blockchain in 2017 with the ERC-20 token VEN, before launching a mainnet of their own in 2018 using the ticker VET. VeChain began in 2015 as a private consortium chain, working with a host of enterprises to explore applications of blockchain. ![]() VeChain (VET) is a versatile enterprise-grade L1 smart contract platform. ![]()
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