The entirety of the system stands as a blockchain platform of supply chain management, that is designed for business processes and the internet of things (IOT) solutions.🙂🔥🔥🔥
PURPOSE
The network helps businesses and companies to keep track of their goods and services through the blockchain technology by use of the supply chain.⛓️⛓️💥
The VeChain allows companies to identify the origin, authenticity and transportation details in “real time” by using QR code scanners and RFID tags.👨💻
DUAL-TOKEN SYSTEM
VET; This will represent the crypto coin or currency, that will be of value for the transfer on the network. Standing as the fuel of transaction.🌍
VTHO; This is used to pay for transaction fees on the network. It automatically generates by holding the VET coin in your network.
FEATURES OF VeChainThor
Proof of Authenticity (PoA) ; The network uses a more reliable means of energy sufficient system as compared to mining.⛏️🪙🪙
The beauty of the network is in the white paper list.
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