VeChain (VET)

$0.004324 (-7.69%)

CMC# Market Cap (USD) Volume (24hr) Circulating Supply NVTS Change (7d) Change (24h) Savings Per 1K
32 $239,796,000.00 $28,307,200.00 55,454,700,000 VET 27 -7.69% -5.28% $0.33

Exchange Pair Volume (24h) Price
Binance VET/BTC 985,970.00 0.0000004300
Binance VET/USDT 720,986.00 0.0043340000
Oceanex OCE/VET 433,725.00 0.9234000000
Binance VET/ETH 159,822.00 0.0000232700
Oceanex MKR/VET 273,679.00 114,042.0000000000
Binance VET/BNB 48,897.00 0.0001599000
Bitrue VET/XRP 132,495.00 0.0162460000
Oceanex ATOM/VET 137,689.00 619.0000000000
Gate.io VET/USDT 22,727.00 0.0043370000
Oceanex SHA/VET 24,793.00 0.1256000000
BitAsset VET/USDT 5,848.63 0.0043450000
Oceanex VET/USDT 4,186,132.00 0.0043280000
Oceanex VET/BTC 3,401,607.00 0.0000004240
Oceanex VET/ETH 3,457,490.00 0.0000233000
Bitrue VET/BTC 804,746.00 0.0000004300
HitBTC VET/BTC 230,711.00 0.0000004266
Bitrue VET/USDT 296,591.00 0.0043080000
Huobi Korea VET/USDT 291.95 0.0043280000
HitBTC VET/ETH 2.37 0.0000231427
Oceanex BCH/VET 464,305.00 69,539.0000000000
Oceanex DCR/VET 539,107.00 5,749.0000000000
Huobi Global VET/USDT 109,602.00 0.0043280000
Oceanex VTHO/VET 484,907.00 0.1472000000
Oceanex RVN/VET 372,079.00 7.7330000000
Oceanex ADA/VET 353,055.00 10.9220000000
Oceanex ETC/VET 387,591.00 1,379.0000000000
KuCoin VET/BTC 24,442.00 0.0000004200
Oceanex LTC/VET 335,956.00 17,036.0000000000
Huobi Korea VET/BTC 1,664.92 0.0000004260
BitMart VET/USDT 336,780.00 0.0043340000
Oceanex XRP/VET 303,716.00 61.2700000000
Oceanex DASH/VET 266,443.00 20,755.0000000000
Huobi Global VET/BTC 40,918.00 0.0000004270
Oceanex XLM/VET 178,952.00 15.4350000000
Bitrue VET/ETH 43,736.00 0.0000232100
Oceanex OMG/VET 171,936.00 271.5200000000
Oceanex XTZ/VET 187,826.00 256.4700000000
Oceanex DOGE/VET 150,912.00 0.6074000000
Oceanex LINK/VET 138,166.00 514.1000000000
Lbank VET/ETH 83,130.00 0.0000232800
BitMart VET/ETH 141,660.00 0.0000232600
Oceanex ZEC/VET 95,467.00 11,546.0000000000
Huobi Global VET/ETH 11,986.66 0.0000233000
Lbank VET/BTC 91,972.00 0.0000004300
Lbank VET/USDT 68,106.00 0.0042700000
Oceanex IOST/VET 63,674.00 2.0054000000
KuCoin VET/ETH 5,762.67 0.0000232500
KuCoin VET/USDT 17,661.25 0.0043300000
Oceanex BAG/VET 4,572.58 0.0819000000
Hotbit VET/ETH 22,627.00 0.0000225857
Hotbit VET/BTC 20,983.00 0.0000004030
BigONE VET/BTC 17,870.49 0.0000004200
MXC VET/USDT 4,376,483.00 0.0043409000
LATOKEN VET/USDT 1,536,823.00 0.0043400000
LATOKEN VET/ETH 652,916.00 0.0000232800
Oceanex DBET/VET 338.01 1.2990000000
CoinEx VET/BCH 125,496.00 0.0000143400
CoinEx VET/BTC 54,707.00 0.0000004270
CoinEx VET/ETH 41,519.00 0.0000232300
BitMart VET/BTC 973.17 0.0000004200
Coinsuper VET/USD 248,274.00 0.0043250000
Coinsuper VET/BTC 195,970.00 0.0000004266
Huobi Korea VET/ETH 0.00 0.0000232900
Bithumb VET/KRW 22,913.00 6.0800000000
Oceanex PLA/VET 3,862.00 0.0151000000
Oceanex TIC/VET 9,918.78 0.0923000000
STEX VET/ETH 1.46 0.0066899900
Gate.io VET/ETH 670.28 0.0000240000
LATOKEN VET/BTC 139.68 0.0000004200
Swiftex VET/BTC 33.40 0.0000000250
BitMart VET/BMX 340.53 0.0725000000

Links


Background

VeChain is a multi-purpose enterprise blockchain for improving business operations and product tracking. VeChain blockchain development started in 2015 as a modified fork of Ethereum with a design focus on Internet of Things (IoT) and supply chain management. To date, VeChain has expanded their focus to multi-purpose functionality with customizable support for a range of enterprise uses. VeChain core developers optimize for on-chain governance, low transactions fees, interoperability with non-blockchain technology, and regulatory compliance. VeChain aims to provide all necessary information to all authorized stakeholders for every enterprise business process that interfaces with the VeChain Thor blockchain, including storage, transportation, and supply, from manufacture to delivery.

Technology

VeChain’s blockchain is built on a modified version of the Ethereum codebase. VeChain optimizes their blockchain (called Thor) for enterprise use cases. Thor is the core of the VeChain blockchain, which functions as a basic layer for message exchange, key management, and data storage. Business applications can be built on top of Thor for smart contract creation and data auditing. VeChain plans to develop Thor smart contract development with visualization tools and support for multiple languages. VeChain IDs are a key component of the VeChain blockchain. Physical good tracked with VeChain are assigned digital identities created with a SHA256 hash and tracked with NFC, RFID, and QR codes. VeChain uses a Proof of Authority (PoA) consensus mechanism that relies on masternodes to validate transactions. Authoritative masternodes are selected by the VeChain Foundation and the VeChain community after Know Your Customer (KYC) processes. VeChain’s blockchain circulates two tokens. The first, VEN, are the network’s primary medium of exchange for governance and payments. The second, VeThor (VET), is a token for a lower transaction fee model that is credited to VeChain users daily based on the amount of VET they hold. VeThor is used to executing smart contracts and transactions on the VeChain blockchain. When the mainnet launches, VEN will replace VET tokens. VeChain blockchain users are categorized as users and service providers. VeChain users include: manufacturers, retailers, consumers, and other enterprise clients. Service providers build specific applications on the network like smart contracts and other blockchain-based software applications.



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