Vechain originates from Japan, and it is one of the world’s leading platforms for blockchain-as-a-service. It is built on the bases of blockchain technology and collaborates with enterprises to allow and ensure the free flow of information and easier access to products. Essentially, Vechain offers a platform where you get access to different products and services and can take advantage of them, paying with a token in a secure system. Each participant, based on their contribution can obtain rewards. The token used throughout the VeChain ecosystem is called VET, and all participants must use it to get products and services. The main goal is to provide a trust-free business ecosystem that is scalable and self-circulating. The advanced technologies used to allow for fast transactions and maximum transparency. Set up in 2017, The Vechain Foundation, a non-profit organization, acts as the platform’s main sponsor with the task of overlooking all elements of development, construction, advocacy, and transparency.

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