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Username: LuckyWoman

Rating:
Guru Stars

Asked to: Goro Yang

Date Created: 29 Nov 2018
Category 28
Tag Financial
Question Please give the definition of 'VeChain'.
Advice from Guru
Hello LuckyWoman,

VeChain is a blockchain-based platform that aims to improve the day-to-day business operations and real-time tracking of various business processes and products.

VeChain provides a 360-degree view of all necessary information linked to a product and its business processes - like storage, transportation, and supply - to all authorized stakeholders thereby creating greater market transparency.

For example, one can use VeChain to track the quality, authenticity, storage temperature, transportation medium, and last-mile delivery of a medicine pack or an alcohol bottle right from the manufacturing facility through to the final delivery to the end customer.

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