What is VeChain? | Blockchain News

VeChain was founded in Shanghai in 2015 by the former CIO of Luis Vuitton China, Sunny Lu. It is a blockchain platform designed to improve business processes and supply chain management via more efficient information sharing.
While many blockchains are purposed for financial gain through improving and marketing the underlying technology to attract investors for their cryptocurrency , VeChain’s value lies in serving existing businesses by providing blockchain-as-a-service (BaaS) via ToolChain, a …

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