8.5 C
Monday, October 3, 2022

The Medium of Trust – Vechain

We are on the brink of a seismic technological shift. Three emerging technologies are becoming more and more prevalent as enablers of this new future. IOT devices are becoming integrated extensions of our sensorium. We use them to sense the world to gather and collect data information.

Scalable blockchain technologies are essential in providing guarantees for authenticity, and reliability of our data transaction in a secure and decentralized way, by gathering all trusted and untrusted data. A.I. allows a new degree of human judgment for machine learning and decision making.

Vechain technology lies at the heart of this bold new future. To achieve its ambitious vision Vechain has developed a powerful blockchain-enabled enterprise software platform.

The Vechain platform enables manufacturers to assign products with unique identities which then allows manufacturers to supply chain partners and even consumers to interact with the product through the platform.

It uses blockchain technology to ensure the security of the data collected. Allocating private keys to all participants within a supply chain, a product on the Vechain platform is assigned a unique ID which is stored simultaneously in the blockchain and placed on the product with an NFC chip, RFiD tag or QR code at any point during the product’s life, the chip tag or code can be interacted with.

Whether it’s a distribution or retail partner, a scanner at a certain supply route, or a consumer learning more about a product’s history and providence. Vechain is also pioneering work into requiring IOT devices to conduct data collection through physical equipment we are plugging sensors, and the Internet of Things, into the blockchain.

The first-gen of blockchain software showed that it could provide immutably secure and decentralized storage of value.

The second generation of blockchains as a service network added smart contracts Vechain is the third generation of this revolutionary technology we are a leading enterprise-focused DAP and I.C.O platform for products and information.

We aim to connect blockchain technology to the real world by providing robust infrastructure as well as IOT integration with scalability and by being pioneers in building real-world applications find out more about Vechain and our amazing partnerships.

Read More: VeChain is The Blockchain Supply Chain & Logistics Solution

Related Articles

Stay Connected

- Advertisement -

Latest Articles