Yeah Vechain I think is a good coin and is my largest position at the moment. I have a friend honeydew who likes it alot and suggested I invest in it. I started investing in it about a month ago and it has performed well. Sadly I don't know much about it, what makes Vechain a good coin to invest in?
RE: Top 5 Cryptocurreny Altcoins To Buy and Hold In January 2018
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Top 5 Cryptocurreny Altcoins To Buy and Hold In January 2018
Agree with you.
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Glad to hear that you got involved in Vechain but always be wary of getting into cryptos without knowing enough about them. Vechain is a coin that has support in the upper levels of China and from what I can gather is they may implement it in one of their newer cities. Some of the major benefits of the coin are that it reaches into the real world by using RFID tags. For example, if you wanted to buy a high-end bottle of wine for a few hundred dollars you'd like to know that it's not just a two dollar wine that you just paid for. So in order to verify that bottle of wine an RFID tag would be placed on it and all data, delivery schedules, etc. will be part of the blockchain to help track authenticity of that bottle. Now it uses goes far beyond wine but as a consumer this would help to always know you're getting the product you paid for.
Here's a translation from the CEO talking about Vechain
https://medium.com/@vechainofficial/vechain-ceo-sunny-lus-blockchain-lecture-transcript-in-english-b598a7836371
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