Blockchains provide an altogether new method for managing and sharing data. The global community may now work cooperatively, efficiently, and transparently at scale for the very first time. VeChain will function as a layer of trust in the hyper-connected, big-data era.
VeChain is currently actively shaping the course of what will be one of the most significant decades in human history, as it swiftly realigns the global economy in an effort to mitigate the historical effects of economic behavior. Consequently, VeChain aims to assist the global community in achieving its sustainability goals.
Creating Incentivized Ecosystems and Developing Trust
Through incentive-based ecosystems, the VeChainThor blockchain will contribute to the empowerment of society. By utilizing data created by users’ everyday actions, tokens and credits can be used to actively reward and incentivize sustainable behavior.
For instance, in conjunction with DNV, globally renowned compliance experts, and BYD, the world’s biggest electric vehicle manufacturer, VeChain introduced the first version of this…