Vechain (VET) Foundation Unveils A List Of Upcoming Developments And Tools

On the 21st of September, the VeChain (VET) Foundation organized a meetup in Paris. The meet up saw the likes of some prominent blockchain enthusiasts and keynote speeches from the COO of VeChain (VET) – Kevin Feng -, Noah Huo – the CMO of VeChain (VET) that handles public relations and marketing -, and Jerome Grilleres – the General Manager of VeChain (VET) in Europe.

The Ongoing Projects of VeChain (VET)

Apart from keeping the attendees well-informed about the developments of VeChain (VET) so far, especially after VeChainThor Mainnet was launched back in June, the meet up also addressed many other projects that are currently in progress.

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VeChain (VET) Price Today – VET / USD

Name Price24H (%)
Bitcoin (BTC)
$6,570.04
-1.11%
VeChain (VET)
$0.011760
-0.47%

According to the CMO of VeChain (VET), the VeChain (VET) Foundation is presently creating documentation and developing tools for developers such as “Sync.” The VeChain Foundation is also working on developing standardized infrastructural solutions and enterprise solutions such as the VeChain (VET) Portal and the VeChain (VET) Wallet. The blockchain project also hopes to achieve a Business-to-Business effect via strategic partnerships.

Jerome Grilleres also talked about a crucial tool that the VeChain Foundation has been closely working on. The blockchain-based solution tool is built specifically for small time businesses for real-world uses cases as previously reported by smartereum.com. He further said that the tool hasn’t been advertised much yet due to the fact that it’s not fully ready to be launched into production.

Furthermore, the tool lets small-time businesses and individuals design and create a simple supply chain just by clicking on a portal. Via this supply chain, users will be able to create a process and download scanning software which they can put on their Android devices. He further added that with just an Android device, a user can ask VeChain (VET) for a couple of NFC chips which they are willing to ship to users for free.


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