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<h2>What is VeChain</h2>VeChain (VET) is a global enterprise-level public cryptocurrency and blockchain platform that seeks to connect blockchain technology to the real world by enabling a comprehensive governance structure, a robust economic model, and advanced IoT integration. It allows manufacturers and other participants to track the movement and provenance of products in a supply chain.<h2>A Brief History of VeChain</h2>Sunny Lu, who previously served as Louis Vuitton China's chief information officer (CIO), founded VeChain in 2015. It was initiated as a subsidiary of Bitse, one of China's major blockchain companies, and is one of the few blockchains with a substantial client base among established companies.VeChain's vision is to build a trustless and distributed business ecosystem platform that allows transparent information flow, efficient collaboration, and high-speed value transfers. Its initial goal was to disrupt the supply chain sector by making data actionable and transparent. It also aspires to be a leader in DApps, and initial coin offerings (ICOs) generated using VeChain and an Internet of things (IoT) intermediary.The VEN token was originally distributed on the Ethereum blockchain. In 2018, however, VeChain rebranded to VeChain Thor and announced the Thor Blockchain which operates on a proof of authority (PoA) consensus model. It also replaced its VEN tokens VET tokens at a 1:100 ratio. VeChain has signed strategic partnerships throughout the years with numerous firms to reach this aim. Among them is a deal with PricewaterhouseCoopers (PwC) for VeChain's blockchain-powered solutions to be utilised by the accountancy firm's customer base to enhance product verification and traceability.VeChain has also teamed up with Renault, establishing, in combination with Microsoft and Viseo, a digital car maintenance book that cannot be tampered with and is the government technology partner for Gui'an, an economic development zone for the Central Chinese Government.<h2>How VeChain Works</h2>VeChain's function is to designate a unique identity to physical products, often using radio frequency identification (RFID), QR Codes, or near-field communication (NFC). Sensors collect data at each level of the supply chain; they then record it and link it to the product's identification. These are sensors designed by VeChain and manufactured by companies such as Bosch and Qualcomm.Due to VeChain using blockchain technology, none of the records once added can be altered. It also enables the recipient of the goods to ensure that the handling of goods was proper and that the items are genuine. Since their rebrand, VET has been the currency utilised in the VeChain system: the more VET, a company, the higher their priority for using the blockchain's resources.VET is also used to access supply chain technology to create a second kind of token, known as VeThor or Thor Power (VTHO). To upload additional information to the blockchain, a firm that wants to utilise VeChain's tracking for its supply chain must pay VTHO.Other blockchains can also use the mainnet platform to launch their coin on the VeChain system. This platform has aided VeChain's transition from supply chain to DApps.<h2>What is VeChain Used for</h2>The platform can track the quality, authenticity, storage temperature, transportation medium, and last-mile delivery of a medicine pack or an alcohol bottle from the manufacturing facility through the final delivery to the end customer.The VeChain platform allows automobile owners to control their data and use it to negotiate better insurance terms and policies with their insurance companies.It provides the capacity for end customers to monitor their items and undertake quality assurance using VeChain. The potential for VeChain to be incorporated into other IoT technologies for solutions much above the supply chain management niche now deployed by corporations on the VeChain blockchain is impressive. There is a world of options for organisations to simplify their operations and become even more productive with the VeChain network.

<h2>什麼是 VeChain</h2>VeChain (VET) 是一個全球企業級公共加密貨幣暨區塊鏈平台，旨在透過實現全面的治理結構、穩健的經濟模型和先進的物聯網整合，連結區塊鏈技術與現實世界。製造商和其他參與者可追蹤供應鏈中產品的流動和來源。<h2>VeChain 簡史</h2>曾任路易威登中國資訊長的陸舜，於 2015 年創立 VeChain；該公司最初是中國主要區塊鏈公司之一 Bitse 的子公司，屬少數擁有大量知名企業客戶的區塊鏈。VeChain 的願景，是建立一個去信任的分散式商業生態圈平台，追求資訊透明流動、高效協作和高速價值轉移。其最初的目標，是透過可付諸行動及透明度高的資料，為供應鏈行業帶來顛覆性的改變。在 DApp 以及使用 VeChain 與物聯網中介產生的首次代幣發行方面，VeChain 亦矢志成為領導者。VEN 加密貨幣最初是在 Ethereum 區塊鏈上發行。然而，在 2018 年，VeChain 更名為 VeChain Thor，並宣佈推出以權威證明共識模型操作的區塊鏈 Thor Blockchain。VEN 幣亦以 VET 幣取代，比例為 1:100。多年來，VeChain 已與多家企業簽署策略合作協議，以實現這一目標。其中包括與資誠聯合會計師事務所就 VeChain 區塊鏈相關解決方案達成協議，用於企業客戶群，以增強產品驗證能力和可追溯性。此外，VeChain 與雷諾合作，並攜手微軟及 Viseo，製作不可篡改的數位汽車維修帳簿；另成為中國經濟特區貴安新區政府的技術合作夥伴。<h2>VeChain 如何運作</h2>VeChain 的功能，是為實體產品指派一個唯一身分，通常使用無線射頻辨識、二維碼或或近場通訊。透過感測器在供應鏈的各個層面收集資料，記錄並將資料連接到產品識別。這些感測器由 VeChain 設計，並由博世和高通等公司製造。由於 VeChain 使用區塊鏈技術，任何紀錄新增後一律無法更改，可協助貨物接收者確保貨物處理妥當，並且為真品。自更名以來，VET 一直是 VeChain 系統使用的貨幣：持有越多 VET 的企業，便可優先使用區塊鏈資源。VET 亦用於存取供應鏈技術，以創建第二種加密貨幣，稱為 VeThor 或 Thor Power (VTHO)。有意使用 VeChain 追蹤供應鏈的公司，如要將更多資料上傳到區塊鏈，便必須支付 VTHO。其他區塊鏈也可以使用主網平台，在 VeChain 系統上發行加密貨幣。該平台已協助 VeChain 從供應鏈過渡到 DApp。<h2>VeChain 有什麼用途</h2>無論是藥包或是酒精瓶，平台都可以追蹤從製造廠到交付予最終顧客的流程，涵蓋品質、真偽、儲存溫度、運輸方法和最後一哩運送。VeChain 平台允許車主監控自己的資料，並使用這些資料與保險公司洽談，以獲得更理想的保險條款和政策。透過 VeChain，最終客戶可以監控品項的情況並確保品質。其他物聯網技術如納入 VeChain，可提供遠超於企業現時在 VeChain 區塊鏈上部署的供應鏈專門管理方案，潛力無限。透過 VeChain 網路，機構可以使用多種不同方法來簡化營運，並提高生產力。

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