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VeChain Volcano: Why VET Can 20x in 2021 (Price Prediction) - YouTube
Channel: BitBoy Crypto
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one project i've been extremely vocal
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about being bullish on
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is v-chain i've been a big fan of this
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project since 2018
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even though it wasn't always popular to
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be one
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i do believe that vet is one of the most
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promising tokens in terms of adoption
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a supply chain project that doesn't have
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any close competitors
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now the argument can be made that not
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having competitors might prevent
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projects
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from getting better and i made that
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argument with eth ada and dot just
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yesterday
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but i believe that when it comes to
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vechain there is nothing to worry about
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their competitor is the archaic supply
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chain infrastructures
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that are as outdated as the banking
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world find out what's cooking inside the
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v
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chain volcano let's get it
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welcome to bit boy crypto the largest
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hit that subscribe button
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also make sure to smash the like button
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make sure to sign up and learn more by
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visiting bitboycrypto.com
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deals in this video we're going to be
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looking at an
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oldie but a goodie v chain vechain is a
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blockchain designed to enhance the
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supply chain management ecosystem
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but recently it has been much more than
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that its goal is to streamline both
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processes and information below for
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complex supply chains by using
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distributed ledger technology
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the vj platform has of course two tokens
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the vechain token or
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vet and the v chain thor energy token or
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vtho the vet token is used to transfer
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value across vchain's network
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in the latter vtho is used as energy or
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gas to power transactions
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vegan's white paper states that its goal
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is to build a trust free and distributed
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business ecosystem platform
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to enable transparent information flow
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efficient collaboration
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and high-speed value transfers in
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business processes
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vjn's blockchain platform is used to
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track products from the manufacturing
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plant
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all the way to the sales floor including
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luxury goods food medicine and much more
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vegan can be utilized by companies to
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know how much of a product is available
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stop counterfeit goods and attract the
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sales of a product
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there's multiple use cases for vechain
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of course and honestly it's one of the
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most
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exciting real world use case blockchain
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products
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vechain has been busy organizing
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numerous partnerships to help solidify
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its blockchain as the supply chain
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blockchain solution of choice
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now last year we told you that vechain
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had acquired over
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20 promising partnerships over the years
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including dnvgl price waterhouse in
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cooper
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walmart of china bmw bit ocean higher
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food gates
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deloitte san marino and bayer now in the
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recent month since we covered vechain
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last time they've initiated various
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partnerships and pilot runs including
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with the second largest eas
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tag company in the world ubiquitous and
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join
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china's animal health and food safety
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alliance or cafa
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alto vechain can stop another bat eating
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soup situation but this kava partnership
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is
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really big for vechain and china
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specifically jimmy chain will also be
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the sole provider for blockchain
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technology
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in the alliance providing technical and
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infrastructural support for the council
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members according to a press release
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here's just a small snippet of all the
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companies who are members of kaffa
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now going back to 2019 vechain was also
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used to pilot validation samples of
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premium food and drinks delivered to
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president xi jinping of china and
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president
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emmanuel macron of france during a
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dinner event held between the two
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leaders
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several premium products including label
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rouge limousine beef and
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wasee wine from burgundy were validated
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by
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dnvgl v chain and
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asi group word on the street is there
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were no freedom fries there
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but the last couple of years have been
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spent expanding in china
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seems to be a shift happening for
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vechain to also acquire partnerships in
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the west
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more recently for vechain they launched
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something in november
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called food gates that they tested the
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vechain foundation highlighted the
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launch of the food gates platform
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expressing there are over 10 dairy
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products
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liquor and other types of products that
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were onboarded to the vechain blockchain
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however vechain isn't just focusing on
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supply chains
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one of the more recent partnerships is
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aimed at the medical industry
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in october of last year vechain
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announced a historic partnership
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with dnvgl and rinji hospital
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top ranked hospital in china affiliated
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with the
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shanghai jiotong university school of
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medicine
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to launch the world's first blockchain
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enabled intelligent tumor treatment
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center the intelligent tumor treatment
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center is a traceable medical management
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solution
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powered by vechain toolchain vechain is
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also focused on nfts like every other
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blockchain out there right now
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although instead of funds enft art
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vechain has its eyes on tokenizing
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assets from industries
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such as supply chains software licensing
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real estate
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identity management medical licenses law
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degrees enterprise certifications
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and much more according to the vechain
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foundation's media
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and this is absolutely huge there's more
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use case for nft than art
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vechain isn't just putting its attention
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towards china recent months they've
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expanded to western nations as well
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for example last year vechain announced
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a partnership with
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no seafood has implemented producers
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markets application
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storybird powered by vechain tool chain
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the v-chain foundation also recently
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stated that the royal melbourne
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institute of technology
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blockchain innovation hub has joined its
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v research program to tackle fixing
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issues
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such as governance and other
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technological hurdles facing the
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industry
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it's also worth mentioning for viewers
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that kuhn and nagel the world's largest
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foray company
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which accounts for 10 of the world's air
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and sea freight business
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partnered with vechain in 2016 very
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early on vechain additionally expressed
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in the past few months
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that it would be used for payments for
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travala for booking hotels and traveling
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so vegan is also targeting becoming a
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payment solution
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the plan for vechain is clear world
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domination
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utilizing blockchain technology for
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various enterprises and the supply chain
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for tracking products
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there are real world dapps that are
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being utilized
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by large corporations if you needed more
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tuv sarland certification recently
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issued v chain with the world's first
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five-star rated blockchain service
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certificate now what do i think
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in terms of vechain price this year i've
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already gone on record saying that i
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believe v chain can achieve a price of
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over one dollar and i'm sticking with
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that when i made that price prediction
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price was barely half a penny now with
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almost a nickel
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i gotta say things are looking pretty
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good for old bit boy krypto in his heavy
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sack of v
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chain ho ho ho but what do you think
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about
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vechain does it have what it takes or
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has it maxed out its potential
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let me know down below in the comments
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and don't forget to smash the like
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button
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if you are a fan of v chain that's all i
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got be blessed
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[Music]
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you
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