The below VeChain price chart tracks the price of VeChain against AUD over time. The rate shown is indicative only as actual buy / sell rates depend on market liquidity and fees at the time of quotation.
✓Controllable transaction lifecycle
VeChain is blockchain platform launched in 2015 targeting large enterprises.
VeChain enables manufacturers to assign products with unique identifiers on the platform, thereby allowing participants to track the movement and provenance of products in a supply chain.
The blockchain is governed by the VeChain Foundation and uses Proof-of-Authority (PoA) to maintain consensus. In PoA, approved accounts called validators put transactions in to blocks. Holders of VET earn rights to use the VeChain blockchain, and to vote for members of the Steering Committee of the VeChain Foundation.
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