While the VeChain blockchain and the VET coin have amazing use cases, VeChain hasn’t been able to get the kind of exposure it needs to reach mass adoption. However, with its latest partnership with Zeux, a FinTech company, over 190 million users of Samsung Pay and Apple Pay will be able to use VeChain for transactions. With this new partnership, VET holders will be able to pay for goods and services in stores that have Apple Pay and Samsung Pay. These two companies are among the largest mobile tech companies in the world and their payment apps are being used by more than 190 million people across the globe.
Taking to Twitter, Zeux made the announcement to all its followers. It stated that payment using the VET token is now an option. This payment option will be available from the 13th of May. In the announcement, the FinTech stated that this move is going to help speed up the adoption of VeChain and the VET coin. The announcement was as follows;
“Now you can use #Zeux to pay with #VET with our exciting collaboration with #VeChain. Another leap towards #massadoptionhttps://medium.com/zeux/zeux-adds-vechain-to-its-listing-another-collaboration-to-bring-crypto-to-everyday-life-88719bc8de01 …@vechainofficial @sunshinelu24 @kfeng027 @MikeZhuang @frankjzhou @Sarah_Nabaa @VechainThorCom @Vechain1 #vechain #vet #Zeux.”
The announcement was corresponded and quoted by the VeChain Foundation as follows`
“Thanks for the integration and now VET holders can use their VET to pay at all stores using Apple Pay representing approximately 140mm global users in 2018 and Samsung Pay representing 51mm global users in 2018 via #Zeuxapp. (User Data according to Juniper Research).”
Mike Zhuang, the Chief Strategy Officer at VeChain Foundation said that this collaboration with Zeux is just another sign to prove that they are ready to increase the use cases of the VET coin and bring the project to mass adoption.
VeChain Thor (VET) Price Prediction
VeChain (VET) Price Today – VET / USD Vet Coin Price
The current price of VET presents the perfect opportunity to buy. VeChain and the VET coin have strong potential. With this collaboration with Zeux along with other VeChain partnerships, the future of the VET token is bright.
VeChain Thor (VET) Price Analysis – VeChain (VET) News
VeChain news has been mainly about VeChain partnerships and developmental progress. While the VET price is suffering the effects of the wider market, the VeChain Foundation isn’t slowing down. After Deloitte and BMW, more VeChain partnerships are coming up every now and then and these will eventually influence the VeChain Thor price prediction for the better. Thanks to its collaborations, VeChain is on the way to reach mass adoption.
According to the latest VeChain price analysis on cryptonewsz; Deloitte is not the only firm to partner with VeChain; another one is automobile manufacturing giant BMW. The altcoin has started a new service called VerifyCar on the VeChainThor Network, which is aimed to resolve the issue of mileage fraud. According to research, about one-third of vehicles in Germany is actively involved in this fraud. The developers of the applications stated that it is a digital monitor that will have a check on a vehicle’s odometer and maintenance history. Looking at the recent ventures of VeChain, its future seems to be bright, and various experts speculate the same. Moreover, VeChain (VET) has a bullish trend in the long term.
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