IITMIND: EdTech, Finance and Crypto currencies

2M GLOBAL STORES NOW ACCEPTS VECHAIN AS A PAYMENT METHOD

VeChain is a supply chain tracking system that launched in 2015 and combines physical tracking with blockchain record-keeping. As of now, it is ranked #37 with a market cap of $3B on CoinMarketCap.


Global supply chain-based blockchain project VeChain has recently made an announcement of a new partnership with crypto payment services Alchemy Pay that will allow people to use its VET token as a payment method at two million worldwide stores.

Due to these recent developments, the price of the VET token posted a temporary gain of 4% before falling back to pre-announcement prices and trading as usual from there.

VeChain has a proof of authority (POA) consensus mechanism that has 101 master nodes and functions by verifying identities and reputations, unlike Bitcoin's or Ethereum's (proof of work and proof of stake) etc.

>> Disclaimer Risk warning:- Cryptocurrency Investment is subject to high market risk. The information on our website is for educational purposes only. Please do your own research before investing anywhere, we will not be responsible for your investment losses. 

Previous Post Next Post

Contact Form