VeChain is a cryptocurrency project that was created to simplify the introduction of blockchain into the economy. This platform has two internal coins: VeChain VET coin and VeThor Token VTHO. Keep reading to learn about VTHO crypto.
What Is VeChain Used For?
This project was launched to track products from the moment they are created until they are received by the user. Thanks to it, the Internet and blockchain are united.
With the VeChain project, manufacturers have access to detailed information about the sales source. For this purpose, a specialized digital code is on the goods. Consumers, in turn, can verify the authenticity and quality of the product by scanning the barcode. That way they get all the information he needs about the product.
Today the market is filled with counterfeit and dubious quality goods. VeChain project makes it possible to get rid of such problems. If the manufacturer uses the VeChain platform, the buyer can find out all the necessary information about the product.
One of the key advantages of the project is transparency. As it develops, information will become available to all users. At the same time, everything works on a blockchain, where it is impossible to fake, delete, copy, or correct anything.
Another benefit is the conclusion of contracts through a smart contract. In this case, it is possible to confirm the legality of the transaction and be confident in its execution, without lawyers and other third parties.
All these features attract lots of international companies to the project. In summer 2021, JLL, a global commercial real estate services company, made a research on how blockchain could help in this industry. Also, the VeTrust app developed with DNV was adopted by the local Chinese government against COVID-19 for helping entities manage the risk factor.
More Details About VeThor Token:
- The project’s internal coin VeThor Token is the second cryptocurrency of this project, intended as a gas in transactions. The VTHO token is used for commissions for transfers within the blockchain. This digital asset is based on the ERC20 standard.
- VeThor works on the POA algorithm, it is impossible to mine the token. But there is a possibility, digital assets with validation. This includes only trusted people. The circle of such people is limited. This way is created to balance between decentralization and centralization.
Where To Hold VTHO Token? VeChainThor Wallet
The safest place for holding your VTHO is to use the VeChainThor Wallet. The app is available on the App Store and Google Play. It’s secure and allows users to earn extra VTHO coins, use lots of helpful dApps, and complete transfers.
This project also offers you to use its desktop Connex-powered wallet. You can download it on your macOS, Linux, or Windows PC, buy VeThor, and keep assets with no risks.
How VTHO Crypto Is Being Developed?
VeChain and VTHO in particular never stop improving. In the middle of summer 2021, a successful VIP-193 Testnet was conducted. It is aimed to improve the PoA 2.0 algorithm. Thanks to it, the VeThor token now provides more secure, scalable, reliable, and cost-effective infrastructure-level protocols.
The team also arranges public events to attract more users to the project. It holds the VeChain Community Video Contest annually where the winner receives $20,000.
VTHO Price Prediction 2025
Since more and more companies start partnering with VeChain and the VeThor cryptocurrency is becoming more secure, many experts have a positive VeThor price prediction 2025 . According to WalletInvestor , it will be $0.062 at the end of 2025. And the DigitalCoinPrice team believes a VeThor price will reach over $0.033 by 2025 year.
VeThor Price Today
VTHO price today is $0.0094.
Is VTHO A Good Investment?
Overall, VeThor is a promising project whose developers have a goal essential for both manufacturers and customers. And if they achieve it, the VTHO coin will become a profitable long-term investment.
Where To Buy VTHO Crypto?
If you think about how to buy VeThor , StealthEX is your solution. Here you can select from over 350 cryptocurrencies for exchange and provide only basic details for your transaction. No hidden fees or delays — everything is fast and secure.
How To Buy VeThor Token?
Just go to StealthEX exchange and follow these easy steps:
- Choose the pair and the amount for your exchange. For example, BTC to VTHO coin.
- Press the “Start exchange” button.
- Provide the recipient address to which the coins will be transferred.
- Move your cryptocurrency for the exchange.
- Receive your coins!
The views and opinions expressed here are solely those of the author. Every investment and trading move involves risk. You should conduct your own research when making a decision.
Originally published at https://stealthex.io.