#VeChainThor (VET), formally known as #VeChain, was based on the #Ethereum Platform. With the growth of the project and future direction by the team, VeChain completed a Mainnet Swap to VeChainThor. VET utilises blockchain technology to focus on business applications related to tracking inventory and product management.
- Through the utilisation of blockchain technology VET aims to ensure quick transactions based on PoA (proof of authority).
- VET supports decentralised Apps (dApps) assisting in the streamlining of organisational processes, combined with with IoT.
- VeChain has a multitude of partnerships with reputable organisations such as DNV GL, PricewaterhouseCoopers (PwC) and Kuehne & Nagel.
Through VET's focus on supply chain management and reputable team behind them, they could potentially change the product management industry as we know it.