VET is the cryptocurrency that you would invest in on an exchange. It serves as an increment of value within the VeChain blockchain. This token. With today's Coinbase Global (NASDAQ:COIN) initial public offering lifting all boats in the cryptocurrency ocean, altcoin VeChain. VET is the coin that underpins VeChain, where VTHO is the gas token that's used for transactions on the VeChainThor blockchain (like Ethereum's gas).
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Why VeChain has INSANE Potential!! VET 💯
What is vet coin -
BYD, a Chinese electric car brand, already uses a Vechain solution. The official desktop wallet is VeChain Sync, which can also be used with the Ledger for cold wallet storage. Community-elected Steering Committee facilitates decision making and execution supported by the on-chain governance mechanism. Then, environmental and location-based data from these devices can be uploaded, verified, and stored in a tamper-proof, decentralized manner on the VeChainThor blockchain. Key Takeaways VeChain is an enterprise blockchain platform that aims to provide a full view of an organization by disintermediating information from data silos.