Five reasons to invest in tokens VeChain

Bear market seem to end and several major cryptocurrencies, such as EOS and CARDANO — have soared. VeChain (VET, 15 place in the list of Coinmarketcap) slightly behind the pace of recovery from other projects, but — and this is important — not so much slipped during the crash of the market, in contrast to the same projects. The platform is slowly gaining upward movement and this is the beginning of something big. VeChain could easily become a blockchain platform that deserves universal approval. Before you are five great reasons to invest in VeChain.

Note: this is not professional financial advice. Always do your own research.

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a Powerful network of partnerships

Since then, as the VeChain project was launched publicly, the team announced a partnership for a partnership. Among the important companies with which it cooperates VeChain, giants such as PwC, DNV GL and BMW. And it's only a few names from a long list.

The Partnership with BMW is not specified in this infographic, but it was announced at the event on rebranding VeChain, along with the announcement of the partnership with the Mathematical Institute, University of Oxford.

In addition to this, there are two VeChain a valuable partner in the Chinese tobacco industry, national tobacco Corporation and China national tobacco monopoly. The Chinese market delivers order terms 41% of all cigarettes in the world, and a serious problem for this industry were counterfeit cigarettes. Along with two tobacco partnerships at the national level, VeChain to present their solution to the decentralized control of the supply chain of cigarettes exclusively for the Chinese tobacco industry.

In addition, VeChain there are two giant financial partners. One of them — BitOcean, a Japanese company that creates the ATMs for cryptocurrency. The second Fanghuwang, a company that provides mortgage loans for the enterprises of small and average business. What apps are specially created for these companies is still largely unknown, but it is clear that the platform VeChain will help these companies manage the data and processes of identification.

VeChain more partners than most blockchain projects with more capitalization. Let's be honest, some of the list of valuable partners VeChain can be called the biggest project of the modern stock market. Larger only Ethereum Ethereum with its Enterprise Alliance and financial companies net Ripple.

As the site says VeChain:

"We are only as strong as our portfolio of partners."

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Wide range of applications

As you can see from the wide list of partners VeChain, this blockchain platform aims to bring the benefits of decentralized applications and smart contracts in a huge number of different industries. Among them, for example:

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• supply chain Management
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• Cars
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• Tobacco
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• Renewable energy
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• Internet of things
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• data Management
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• finances

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• Sustainable development
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• Alcohol
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• Retail trade
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• Agriculture
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• logistics

The Focus on all these industries may seem excessive scatter and suggest that VeChain not enough hands and experts to become a leader everywhere. But a pragmatic approach that takes VeChain, clear and precise strokes, which demonstrate managers, the company makes you wonder what she will succeed.

The Company has worked tirelessly to establish strategic partnerships in all these segments. The idea is to find a weakness in each of these sectors with partners to apply the solution on the basis of the blockchain and correct.

The First steps are very important, but as soon as real-world problems will be solved, and the company will begin to provide solutions, they can be easily deployed in other areas. Road construction takes time, but once it is built, to get from point a to point B easier.

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a Strong team and vision

Unlike most other bloschanevych projects blockchain VeChain has already begun to deploy business applications in 2015 on his private circuit. Because of this, the team has accumulated considerable experience in the industry and knows about the existing problems in the different segments. Experience is one of the main reasons why leaders VeChain attract so many valuable partnerships.

VeChain Platform developed and supported by VeChain Foundation, a non-profit organization in Singapore. CEO — Sonny Lou is a rising star in the blockchain segment, previously involved in the creation of another Chinese blockchain startup Qtum. It supports a number of experts in different technical fields and a scattered team of 90 developers. Sonny held the position of CTO in the Chinese branch of Louis Vuitton.

Sonny Lou quite often stands in front of a huge community VeChain and expresses extreme confidence in your own project:

"I want to firmly say that in three years the society will use the VeChain every day and even never find out."

He also sees a place VeChain in the digital revolution:

"As a leading bloccano corporate level after you start the core network blockchain VeChainThor will become public bloccano with the largest business activity in the world, in turn creating maximum value for the real world through case studies, which will adopt these influential entities".

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Support of the Chinese government

Currently Chinese superiority in terms of capitalization holds NEO, and VeChain goes after it. Although NEO native to China, this platform has far more international acclaim than VeChain. But it is.

At the moment it seems like the Chinese government is more involved in VeChain than in NEO. The most significant relationship VeChain with the Chinese government — the partnership at national level for the construction of the future city Guyana, which will be collected by best digital solution of this century. However, the tobacco industry and hints at the close connection VeChain with the tip of China. Moreover, one of the key advisors VeChain acts Jim Breuer, known in China venture capitalist who has appeared next to XI Jinping.

It Seems that the Chinese government is not enthusiastic about cryptocurrency, but it is a common misconception. The Chinese government is not enthusiastic about foreign cryptocurrency, which can lead to the outflow of capital from the Chinese economy, but Chinese people are not alien to new things. VeChain can lead this trend.

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Basic network VeChainThor

June 30 scheduled launch of the core network VeChain. Under the so-called Apotheosis platform VeChain will be converted from a private pilot in a full, complete applications, public platform commercial level. Given the long list of corporate partners VeChain, you can expect an endless stream of decentralized applications that will roll out to these partners. In this sense, VeChain running for Ethereum in your industry dedicated to more control of the supply chain and the fight against counterfeiting.

Platform VeChainThor will be very difficult, and to fully explain the Fund VeChain produces many articles and videos explaining the technical innovation of the core network. A nice addition for all owners of the token VET together with the launch of the core network is the ability to generate passive income in the form of VETHOR. The owners VET will be tokens to tokens THOR as a reward for staking (Drevlyane) of their coins.

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in conclusion

Frankly, I think that if 2017 was the year of Bitcoin, and with it a little altcoins, then 2018 will be the year of the decentralized application platforms (like Ethereum): EOS, Cardano, NEO, VeChain. Now they still have nothing really to show, but the industry is very new, and as soon as dapps (decentralized apps) will work, the world is rapidly going to change. There is no doubt that the blockchain will become web 2.0, a platform for the development of the new digital age, the era of trust. There are lots of signs that VeChain will enter the top 5 by market capitalization of cryptocurrency projects and will become the main blockchain project of China. But you are of course required to conduct its own study.

I would not be surprised if this Chinese Phoenix will Shine brighter than the sun.

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