VeChain believes that blockchain technology is the foundation for the next generation of information technology, alongside emerging technologies such as AR, VR, AI, IoT, 5G. With immutable characteristics, blockchain is uniquely positioned to enable unprecedented value/data-transfer in a trust-less manner while bolstering efficiency and authenticity.
VeChain’s vision is lowering the barrier enabling established enterprises to create value and solve real-world problems on the VeChainThor public blockchain.
VeChain has identified the three major phases of blockchain evolvement – Technical Consensus, Business Consensus, and Governance Consensus. This will enable the VeChainThor blockchain to be adopted as the world’s premier enterprise-grade public blockchain.