VeChain is a leading enterprise-focused dApp/blockchain application platform for products, services, and data. VeChain believes that blockchain alone can not realize much of the application scenarios on its own, that blockchain technology has to combine with other technologies to provide multipurpose use.
VeChain’s understanding is that:
• IoT is like our eyes and hands: We use them to sense the world, to gather and collect data.
• Blockchain is like our hearts: We use it to guarantee the authenticity and reliability of our data.
• A.I. is like our brains: By gathering all trusted and untrusted data, A.I. makes corresponding or anthropomorphic judgements for machine learning and decision making.
VeChain aims to connect blockchain technology to real use cases by providing a robust infrastructure for data management and IoT solutions removing issues with counterfeiting, data fraud, data manipulation, assurance practices, and business barriers such as financial services and 3rd party trust. This is being achieved through innovation in blockchain + IoT technologies, partnerships and collaborations with branded enterprises throughout the world.