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VeChain (VET): A Crypto that extends its network across broader markets

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VeChain focuses on sustainable energy and is one of the pioneers in the blockchain industry.

VeChain (VET) is one of the most diversified crypto projects in the market. Since day one, VeChain has had one objective and that is to support sustainable projects and drive the new market space with the go green initiative.

The technologies and strategies behind the VeChain network have positioned itself as the inimitable enterprise public blockchain provider. For the real corporate world, VeChainThor public blockchain has proven to be the real asset in the market that is being adopted by businesses. The positive edge VeChain has is its solution-building capability through blockchain that copes up with hostile environmental factors.

What’s Next?

VeChain (VET) has just collaborated with DNVGL’s client, the sustainable pioneer Resea. The basic purpose of this partnership is to track Resea’s ocean clean-up solution. The digital asset will this agreement as a possible opportunity to provide its blockchain services to restore a green and clean environment.

By using blockchain, all sustainability efforts can be immutably stored and made visible. VeChain will play an important role in stopping plastic pollution. VeChain has consistently managed to solve mass adoption hurdles, such as preventing unstable transaction fees with its VET-VTHO two-token model and eradicating the threat of congestion with its scalable network that proactively adjusts itself in response to network usage. 

VeChain has ToolChain, a Blockchain-as-a-Service (BaaS) platform, that provides low development and customizable environment for applying blockchain solutions across different businesses.

From making its impact from small scale businesses to large corporations, VeChain has come a long way. For instance, it provides its blockchain services across BMW’s VerifyCar to DNV’s MyStory.  

There will be much need for blockchain in the future. The development of new industries requires the solution-building process guided by blockchain. The fact is that businesses need blockchain and VeChain is ready to deliver its protocol to the new markets in the years to come.

VeChain is the real-world blockchain that has expanded its ecosystem across masses. The technology is being utilized in different businesses. This is where VET becomes a long-term investment option for investors.

The increasing demand for blockchain has opened new ways for VeChain to prove its worth in the market. Its successful business applications are surely apart from the rest of the blockchains in the market. There’s a reason the real world chooses to build on VeChain. 

Conclusion

VeChain (VET) has much coming up its way for 2021. So, investors need to keep themselves updated and follow the market movements. As we write this, VET was trading at $0.053, up by 11.28% and 7.87% against BTC.

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