Cryptocurrency Q&A
Is VeChain built on Ethereum?
Is VeChain built on Ethereum?
CryptoWarrior
Wed May 22 2024
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7 answers
1299
Could you please clarify something for me? I've been hearing a lot about VeChain recently, and I'm curious about its technological foundation. Is VeChain actually built on the Ethereum blockchain? Or does it operate independently, utilizing its own unique architecture? I'm trying to understand the relationship between these two platforms and how they might interact, if at all. Could you provide some insight into this matter? I'd greatly appreciate your expertise in this area.
7 answers
KimchiQueen
Fri May 24 2024
One of the key services provided by VeChain is its ability to save millions in shipping and logistics costs. By providing real-time visibility into the supply chain, VeChain helps companies identify bottlenecks, reduce waste, and increase efficiency.
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amelia_miller_designer
Fri May 24 2024
VeChain, a groundbreaking blockchain project, was brought to life by the visionary Sunny Lu. Initially, it was launched on the Ethereum blockchain, leveraging its established infrastructure and community.
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CryptoWizard
Fri May 24 2024
Following a successful fundraising round, VeChain embarked on a new journey, establishing its own blockchain and issuing tokens. This marked a significant milestone in the project's evolution, allowing it to operate independently and offer unique functionalities.
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GinsengBoostPower
Fri May 24 2024
Today, VeChain has become a trusted platform for major corporations seeking to streamline their shipping and logistics operations. By leveraging blockchain technology, VeChain offers a secure and transparent way to track goods, reduce fraud, and optimize processes.
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CryptoNinja
Thu May 23 2024
BTCC, a leading cryptocurrency exchange headquartered in the UK, offers a comprehensive suite of services to its users. Among these is its spot trading platform, which allows users to buy and sell cryptocurrencies at market prices.
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