VeChain
Current price
$0.006681
−7.39%24h
LiveUpdated 36s ago
TodayVeChain drops 7.4%, trailing the market.
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View as table
| Time | Price |
|---|
Change by period
- 1 hour−0.25%
- 24 hours−7.39%
- 7 days−15.74%
- 30 days−8.84%
- 1 year−63.15%
VeChain's move in context
Lagging the market today
−7.39% today against −3.26% for the market as a whole, a gap of 4.1 points. A gap this wide suggests something specific to VeChain may be moving it, not just the market mood.
Part of a slide
−15.7% over 7 days and −8.8% over 30 days: the recent move continues the monthly direction.
This is analysis of past prices, not a prediction or financial advice.
About VeChain
VeChain: A Blockchain Platform for Supply Chain and Business Solutions
VeChain is a leading blockchain platform designed specifically for supply chain management and business applications. Launched in 2015, VeChain aims to enhance transparency, efficiency, and traceability in various industries, including logistics, manufacturing, and retail. By utilizing blockchain technology, VeChain provides businesses with the tools to streamline their operations, reduce fraud, and improve product quality through real-time data and analytics.
Key Aspects of VeChain
Supply Chain Transparency: VeChain's primary focus is on enhancing transparency in supply chains. The platform allows businesses to track the movement of goods and verify their authenticity at every stage of the supply chain. By utilizing smart tags, such as QR codes and NFC chips, VeChain enables companies to collect data about their products, including origin, production processes, and shipping details. This information is stored on the blockchain, providing an immutable record that can be accessed by all stakeholders in the supply chain.
Data Integrity and Security: VeChain ensures the integrity and security of data through its blockchain technology. All transactions and data entries are recorded on the blockchain, making it nearly impossible to alter or tamper with the information. This feature is crucial for businesses that need to maintain accurate records for compliance, audits, and quality control. By providing a secure and transparent environment, VeChain helps businesses build trust with their customers and partners.
Multi-Party Collaboration: VeChain's platform fosters collaboration among various stakeholders in the supply chain, including manufacturers, suppliers, distributors, and retailers. By providing a shared platform for data sharing and communication, VeChain enables businesses to work together more effectively and make informed decisions based on real-time data. This collaborative approach helps reduce inefficiencies and improve overall supply chain performance.
Customizable Solutions: VeChain offers customizable solutions tailored to the specific needs of different industries. The platform provides a range of tools and services that can be adapted to various use cases, such as food safety, luxury goods authentication, and pharmaceutical traceability. By catering to diverse industries, VeChain is positioned to drive widespread adoption of blockchain technology across multiple sectors.
Partnerships and Ecosystem Growth: VeChain has established partnerships with numerous enterprises and organizations, further enhancing its credibility and reach. Collaborations with leading companies in sectors such as logistics, agriculture, and retail have allowed VeChain to demonstrate the practical applications of its technology. These partnerships contribute to the growth of VeChain's ecosystem and attract more developers and businesses to the platform.
Future Vision and Development: The VeChain team is committed to ongoing innovation and development. Future plans include expanding the platform's capabilities, enhancing scalability, and integrating new technologies such as the Internet of Things (IoT) and artificial intelligence (AI). By continuously evolving its offerings, VeChain aims to solidify its position as a leading blockchain solution for supply chain and business applications, driving efficiency and transparency in the global economy.
VeChain market
- Position by market cap among the coins we track.
- #78
- Position by market cap among the coins we track.
- Price × coins in circulation. It measures a coin's size, not its quality.
- $579.33M
- Price × coins in circulation. It measures a coin's size, not its quality.
- The lowest and highest price in the last 24 hours. The dot marks the current price.
- Low $0.006618High $0.007334
- The lowest and highest price in the last 24 hours. The dot marks the current price.
- The highest price this coin has ever reached. The bar shows today's price as a share of it.
- $0.2810
- Now 2% of itReached 19 Apr 2021 · Needs +4,106% to get back
- The highest price this coin has ever reached. The bar shows today's price as a share of it.
- Coins that exist now and can be traded.
- 86.71B VET
- 100% of max
- Coins that exist now and can be traded.
- The most coins that can ever exist. Some coins have no limit.
- 86.71B VET
- The most coins that can ever exist. Some coins have no limit.
VeChain converter
1 VeChain = $0.006681