Marketcap:
$1,942,186,939,451
Volume 24h:
$9,596,517,331
Sep 16 Liquidations:
$0
24H Long/short:
Coming Soon
VeChain
VET
$0.021
#30
Coin
Overview
Exchanges
Markets
Wallets
$0.021
Price
30
Rank
$1,728,743,684
Marketcap
$3,192,040
Volume
$0.021
All Time High
$0.021
All Time Low
N/A
Open
N/A
Close
1H
0.230
%
1D
-4.47
%
1W
-2.49
%
1M
-4.25
%
2M
-32.02
%
3M
-17.71
%
6M
-48.63
%
1Y
16.43
%
Change 24h
$0.021
$0.021
All Time Low
24H
All Time High
Circulating Supply
80,985,041,177
86,712,634,466
N/A
VeChain`s Return History
Weekly
Monthly
Quarterly
Winning
Years
4
Quarters
14
Losing
Years
3
Quarters
11
Q1
Q2
Q3
Q4
Avg
Total
Q1
Q2
Q3
Q4
Avg
Total
About VeChain
VeChain is a blockchain platform that was created to address the challenges of supply chain management. It was founded in 2015 by Sunny Lu, a former CIO of Louis Vuitton China. The platform was initially designed for tracking luxury goods using blockchain technology. Since then, it has expanded its offerings to include a range of solutions that help businesses to optimize their operations.
One of the key features of VeChain is its ability to track products in real-time. This is made possible by the use of Radio Frequency Identification (RFID) chips, which are attached to the products being tracked. These chips can be scanned at various points along the supply chain, allowing businesses to keep track of their inventory and monitor its movement in real-time.
Another important feature of VeChain is its anti-counterfeiting measures. This is particularly important for luxury goods, where counterfeit products can pose a significant threat to brand reputation and revenue. VeChain uses a combination of blockchain technology and anti-counterfeiting measures, such as QR codes and NFC chips, to ensure that products are authentic.
VeChain also offers secure data management capabilities, which is crucial for businesses that need to handle sensitive information. Its platform includes blockchain-based smart contracts, which can be used to create secure and transparent agreements between parties. This can help to streamline business processes and reduce the risk of fraud.
VeChain has a history of partnerships with major companies such as PwC, DNV GL, and Walmart China. In 2018, the project rebranded as VeChainThor and launched its own native cryptocurrency, VET, to facilitate transactions on the platform. The cryptocurrency is used as a means of exchange and to pay for transactions on the VeChain network.
Overall, VeChain is an innovative blockchain platform that is focused on improving supply chain management and business processes. Its combination of hardware and software solutions allows businesses to track their inventory, prevent counterfeiting, and manage data securely. Its partnerships with major companies and the launch of its own cryptocurrency have helped to establish it as a major player in the blockchain industry.
Algorithms
(2)Proof of Activity
Byzantine Fault Tolerance
Incomes
(1)Staking
Industries
(2)Logistics
Supply Chain
Tags
(5)Layer 1
Scalability
Decentralized
NFTs
Smart Contracts
Stats
(12)Max Supply
86,712,634,466
Circulating Supply
80,985,041,177
Left in Circulation
5,727,593,289
Birthday
Age
9 Years
Decimals
8
Wallets
19
Exchanges
3
Pairs
8
Tickers
13
Base
8
All Time High
$0.249
Date Of ATH
Apr 20 2021
Days Since ATH
1245
All Time Low
$0.00239470
Date for ATL
Mar 17 2020
Days Since ATL
1644