All news is rigorously fact-checked and reviewed by leading blockchain experts and seasoned industry insiders.
- VeChain brought enhancements to the Web3-as-a-service platform VORJ, with increased flexibility for both individuals and businesses to deploy digital assets and incorporate blockchain APIs.
- VeChain is gearing up for the launch of VeWorld, a wallet ecosystem upgrade that introduces several innovative features to elevate user experience and enhance VechainThor’s capabilities.
World’s leading smart contract platform VeChain has recently shared new updates for the month of August 2023 sharing about the new developments in its services, wallets, and other product line. Here’s a look into how Vechain has been progressing every single month.
VeChain Services
Vechain has brought major improvements to its Web3-as-a-service platform VORJ. VORJ has been crafted to serve as the main developmental hub for the ecosystem. It provides both businesses and individual developers with a user-friendly and straightforward method to swiftly deploy digital assets or incorporate blockchain-based APIs, even with limited coding expertise.
The VORJ landing page is now live that offers additional details regarding relevant resources, links, and guidance related to the VORJ platform. Vechain stated that very soon users would be able to mint and list NFTs directly on World of V, an NFT Marketplace built on VechainThor.
New Developments to VORJ
VeChain has announced that they will soon be increasing the limits on VORJ’s free account, providing builders with more freedom and flexibility to explore VORJ’s features. In the future, VeChain will introduce new paid tiers for business and enterprise builders who require larger-scale capabilities. It’s important to note that the free tier will always remain available.
VeChain has initiated the initial implementation of OpenZeppelin DAO contracts, which will become a new feature in a future release of VORJ. In this upcoming release, users will have the ability to assign and revoke roles to accounts, each with different permissions. For instance, a user could create and deploy a fungible contract and then assign a “Minter” role to an account, granting the account the ability to mint tokens within the designated contract.
Efforts are ongoing in the development of both the front-end design and back-end aspects of the MaaS (Marketplace as a Service) feature. This innovative feature will allow community projects and enterprises to swiftly establish customizable marketplaces to cater to their specific needs. The MaaS feature will encompass powerful elements such as social logins and potentially even fiat-crypto gateways. These elements aim to simplify the blockchain experience for users, enhancing user onboarding and creating a seamless experience.
VeChian is also working on the Ledger Live integration. Thus, it plans to launch its two main tokens – VET and VTHO, on Ledger Live – thereby undertaking a collaborative marketing campaign.
Besides, VeChain is also working on a new standalone rewards dApp which will have features like ‘connect wallet’ featuring a historical reward claim log. The team has finalized the APIs for the dApp. Additionally, the VeChain VNS team has been working to bring human-readable addresses to the VeChain ecosystem.
Improving the VeChain Wallet Ecosystem
VeWorld marks a fresh phase in Vechain’s wallet ecosystem, ushering in numerous innovative features that will significantly enhance the user experience and broaden the capabilities of VechainThor.
The launch is approaching, and the anticipation to reveal our endeavors is growing! During this month, VeChain has been:
- Completing the integration of WalletConnect, along with developing sample code and guidelines to seamlessly incorporate WalletConnect with Dapps.
- Conducting testing for Ledger Bluetooth integration.
- Concluding preparations and submitting the app for the review phase in app stores.
- Initiating internal user testing for both iOS and Android platforms.
Also, the development team has been diligently focusing on a cross-chain token bridge, which has undergone successful testing between VeChain and Ethereum’s testnets.
This technological foundation represents a significant stride for VeChain as it moves closer to effortlessly expanding its ecosystem to integrate with other EVM blockchains. This step ensures enhanced interoperability within the wider cryptocurrency landscape.
