VeChain (VET) is a blockchain platform aimed at improving the supply chain sphere. VeChain provides an unique QR code to each product. These codes allow tracking products from factories to retailers. The information is stored on the blockchain. VeChain is capable of hosting DApps for business projects to help them safely store, share, and track information. The VeChain ecosystem uses two native tokens, VET and THOR. VET is used for payments between accounts and stakeholding while THOR is needed to pay for services provided by DApps. Also, THOR tokens can be received as a reward. VeChain managed to create a large number of offices around the world and gain strong partnerships in business and governments.
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