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.

VeChain is now present in a wide range of sectors: food, healthcare, luxury goods and automotive. Thanks to partnerships with Walmart China, BMW, LVMH and DNV, it is strengthening its position as a leader in blockchain traceability. The company stands out for its highly pragmatic approach: offering a solution geared to industrial efficiency, capable of easy integration with existing information systems. It is this B2B positioning that enables it to address real economic issues, beyond mere crypto speculation.

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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

VeChain is therefore positioned as a fast and functional industrial blockchain solution, adapted to the concrete use cases and real needs of large enterprises. Invest in VeChain (VET) on Crypto.com to support a useful project geared towards real adoption. History and creation of the VeChain project The VeChain project was launched in 2015 in Shanghai, by BitSE, a Chinese blockchain incubator. From the outset, VeChain’s mission was to create a digital infrastructure designed to improve supply chain management, leveraging real-world data via blockchain. After several test phases, VeChain carried out an ICO in August 2017, raising around $20 million. Originally, the VET token was called VEN and was based on Ethereum. The project migrates to its own blockchain with the launch of the VeChainThor mainnet in June 2018, marking the start of its technical autonomy.

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.

The team is partially public, with a focus on transparency and professional governance. The main validating nodes are also identified, guaranteeing the network’s traceability and accountability. VeChain has been built with a rigorous, business-oriented approach and a long-term vision of blockchain as a tool for industrial transformation. To keep track of VeChain’s share price (VET), visit CoinMarketCap and stay informed of project news.

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.

VeChain has thus created a solid bridge between blockchain technology and concrete uses, making its ecosystem a functional solution, already adopted, and in full expansion. Buy VeChain (VET) on Bitpanda to invest in a blockchain focused on business and real impact.

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)?

The VET token is used to transfer value on the VeChain blockchain and generates VTHO, which is used to pay transaction fees.

Is VeChain a good investment?

VeChain offers real-life supply chain use cases. Its B2B positioning and solid partnerships reinforce its long-term potential.

What are the differences between VeChain and Ethereum?

VeChain specializes in industrial solutions, with a PoA consensus and dual token architecture, unlike Ethereum, which is generalist and EVM-compatible.

Where can I store my VET token?

You can store VET on secure wallets such as Ledger, Trust Wallet, or directly via the VeChainThor Wallet application.

Is the VeChain project secure?

Yes, the network uses a PoA consensus with validated nodes and continuous monitoring. Numerous audits and partnerships guarantee its robustness.

How does the VeChain blockchain work?

It is based on a dual token architecture (VET/VTHO) and PoA consensus, integrating IoT to connect physical objects and blockchain data.

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

VeChain courses: analysis, how it works, and how to buy VET

Introduction

Key takeaways