VeChain courses: analysis, how it works, and how to buy VET
Find out how VeChain (VET) works, its usefulness, use cases, and how to invest in this traceability and enterprise-oriented crypto.
Introduction
VeChain (VET) is emerging as one of the most promising blockchain projects in the logistics and traceability sector. This comprehensive article guides you through the evolution of VeChain, its technical operation, concrete use cases and long-term prospects. Whether you want to buy VET, understand its price, or invest in VeChain, you’ll find a clear, reliable and educational analysis here. To remember : Short-term volatility: VET’s share price continues to be influenced by the macroeconomic climate and crypto market dynamics.Key takeaways
- Long-term growth potential: Strong utility in the supply chain, Web3 integration, B2B strategy.
- Positioning in relation to other major cryptos: VeChain stands out for its clear specialization and business-oriented approach.
Introducing VeChain (VET)
VeChain (symbol: VET) is a blockchain specialized in supply chain management. Its aim is to guarantee the traceability, transparency and integrity of industrial data, by connecting the physical world (products, objects) to unforgeable digital records via the blockchain. Initially launched as an Ethereum-based project, VeChain is now a stand-alone blockchain with its own infrastructure. It is aimed primarily at businesses and industries, with a turnkey solution for certifying the authenticity, tracking the origin or controlling the quality of products throughout their lifecycle. Its architecture is based on a dual token:- VET, used for payments and transactions;
- VTHO, used to pay gas charges, which decouples the value of the main token from the volatility of network charges.
How does VeChain (VET) work?
VeChain is based on an enterprise-oriented public blockchain that combines physical technologies (IoT, NFC/RFID sensors, QR codes) with an immutable data register. The aim: to digitize every stage of a product or industrial process, in order to guarantee transparency, traceability and compliance.Consensus technology: Proof of Authority (PoA)
VeChain uses PoA 2.0, an evolved version of Proof of Authority. This mechanism relies on a limited number of reliable and identified validator nodes, selected by the VeChain Foundation. The result: a fast, stable, low-energy network, but partially centralized, which is assumed to be a strategic choice for professional use.EVM compatibility
VeChain is not natively EVM-compatible. It has its own development environment (VeChain ToolChain) designed for enterprise use. However, gateways allow Web3 functionalities to be integrated via customized smart contracts.Technical specifications
- Double token: VET (value) + VTHO (fuel)
- Integrated oracles: linking real data and blockchain
- IoT and physical traceability: each object can generate data in real time
- Low transaction costs: predictable fees thanks to VTHO
Purpose of the VET token
- Reward for holders (VTHO generation)
- Payment for VeChain ecosystem services
- Governance tool for major nodes
- Measurement of value in blockchain exchanges
Project milestones
- 2015: Project founded by Sunny Lu in Shanghai
- 2017: ICO and first pilot applications
- 2018 : VeChainThor mainnet launched, dual token VET/VTHO introduced.
- 2019 : Partnership with Walmart China, integration into food supply chain
- 2021 : Deployment of PoA 2.0 and strengthening of international collaborations
- 2023: Expansion into the climate and luxury goods sectors, increasing adoption of VeChain ToolChain
Founders and Team
Founding team
- Sunny Lu – Cofounder and CEO: former CIO of Louis Vuitton China, IT and supply chain expert.
- Jay Zhang – Co-founder: former executive at Deloitte, specialist in corporate finance.
What Makes [Nom cryptomonnaie] Unique?
VeChain’s specific features (VET)
VeChain stands out for its resolutely industrial and business-oriented approach, far removed from generalist protocols such as Ethereum or Solana. Its aim is not to serve as a foundation for consumer DApps or NFTs, but to bring concrete value to supply chains, certification systems and business processes.Innovative VeChain use cases
VeChain has proven the relevance of its technology in a variety of contexts:- Agri-food: Cold chain tracking, traceability of farm produce, transparency on origins (e.g. Walmart China, Italian wine producers).
- Luxury and fashion: product authenticity (bags, watches, clothing), via RFID chips or forgery-proof QR codes (e.g. LVMH, Reebonz).
- Automotive: Digital certification of vehicle history, maintenance and spare parts (e.g. BMW).
- Health: Vaccine tracking, secure management of sensitive medical data (e.g. Cyprus Hospital).
- Finance and climate: Tokenization of carbon credits, emissions tracking, measurement of ESG commitments (e.g. DNV, Norwegian certification company).
A unique value proposition
IoT-native integration: blockchain interacts directly with sensors, connected objects, or RFID tags. ToolChain ecosystem: low-code platform that enables any business to use blockchain without technical knowledge. Double token model (VET + VTHO): Separation between token value and transaction costs, guaranteeing stable fees. PoA 2.0: A consensus adapted to the real needs of performance, security, and low energy consumption.
Implicit comparison with other projects
Unlike Ethereum or Cardano, which aim for universal applications, VeChain opts for vertical specialization: supply chain, compliance, certification. Where other blockchains seek to appeal to Web3 developers, VeChain targets industrial decision-makers first and foremost.- No network congestion like Ethereum.
- Low, predictable costs, as opposed to the peak gas fees of other blockchains.
- Physical-digital interconnection thanks to the IoT, a field as yet unexplored by the competition.
Conclusion and future prospects for VeChain
VeChain’s solid partnerships and concrete use cases demonstrate that blockchain can go beyond the speculative sphere to become a useful technological tool on a large scale. Its B2B positioning, compatibility with industrial requirements, and integration capability via ToolChain make it a mature solution, ready for global adoption. As traceability, ESG compliance and supply chain transparency become regulatory priorities, VeChain is well placed to play a central role in this transformation. The project combines stability, utility and strategic vision – solid foundations for looking ahead to sustainable, structured growth. To invest in VeChain (VET), register with Kraken and benefit from its long-term advantages.
FAQ – VeChain (VET)
- What is the purpose of the VeChain token (VET)?
- Is VeChain a good investment?
- What are the differences between VeChain and Ethereum?
- Where can I store my VET token?
- Is the VeChain project secure?
- How does the VeChain blockchain work?
Disclaimer :
Trading is risky and you may lose all or part of your capital. The information provided does not constitute financial advice and/or an investment recommendation
