The VeChain Foundation Steering Committee has reached consensus on reducing the gas fee to 1e13 wei within 7 days. The reduction of the base gas fee was necessary because increased…
Sunny Lu, VeChain’s CEO, believes that digitalization is the new black and that blockchain will not be ignored. VeChain’s partner DNV GL has launched ‘Tag, Trace, Trust’ which allows users…
VeChain partnered with KnowSeaFood to use its ToolChain-powered StoryBird application for transparency in its supply chain. Customers can now trace their seafood from the farm to their plates. VeChain has…
The VeChain Foundation has invested the largest part of the funds in research and further development of the VeChain Thor blockchain. In the last quarter VeChain was able to bring…
According to CREAM co-founder Jackson Fu, VeChain solves three core problems of the crypto industry that no other crypto project has been able to deliver to production. According to Fu,…
One of the largest steel companies in the world will use the VeChain based technology My Care. With the implementation the risk of infection within the company in times of…
The Australian company Verida Health uses VeChainThor blockchain to give patients control over their health data. The technology of VeChain guarantees the forgery-proof storage of the highly sensitive information of…
PlatformXChain uses the VeChainThor blockchain to verify the authenticity of toys and collectibles. Arcadier, a leading software provider for online marketplaces, has announced that VeChain ToolChainTM will be used for…
The VeChain Foundation has entered into a partnership with the Chinese natural gas giant Shanghai Gas to build an “Energy-as-a-Service” ecosystem. In a first step of the project, information on…
The VeChain Foundation has published a new financing plan, which shows the use of the available funds in detail. Most of the capital will be used for research and development…
VeChain has achieved a new performance record with 165 processed transactions per second on the mainnet. According to current data, VeChain can process 11 times more transactions per second than…
The VeChain Foundation has published a first preprint version of a revised Proof of Authority (PoA) 2.0. The objective is to make the VeChainThor blockchain even more attractive for use…
With VIMWorld the VeChain Thor Blockchain has received a new use case in the form of a non-fungible token (NFT) game. The VIMs, the NFTs can be traded on the…
The VeChain Foundation has announced a concrete action and time schedule for the election of the VeChain Foundation Steering Committee. The candidates from three different groups are expected to be…
The largest state-controlled media company in China is promoting VeChain and the VeChainThor Blockchain by publishing short information videos on their Yangshipin platform. The app of the “Voice of China”…
According to a Twitter user, Walmart has officially begun tracking its products using the VeChainThor blockchain. Since the launch of Mainnet 587 days ago, 5,000,000 blocks have been successfully mined…
The VeChain Foundation has gained a new partner in Reebonz Holding that utilizes the VeChainThor Blockchain. Reebonz, a leading online marketplace for luxury goods in South East Asia, will use…
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