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Proof-of-Authority Algorithm Use Cases Grow: From Pharma to Games

Analysis While the proof-of-authority consensus algorithm is turning into perhaps one of the most mature versions of blockchain technology. It is faster than other algorithms, more scalable, and does not depend on mining. Market leaders Walmart and GE Aviation are using PoA to track supply chains,..

Bitcoin Price Diary: VET, XLM, TRX Double-Digit Gains — BTC Flatlines

Market Analysis Altcoins have continued to boom while Bitcoin (BTC) has effectively traded sideways. I closed the majority of my position in VeChain (VET) for a quick 60% profit and nailed my exit on Stellar Lumens (XLM) almost exactly at the top. I am once again long on Bitcoin from $8,375 and ha..

Chinese VeChain Tea Traceability Platform Gets Official Seal of Approval

News A tea traceability platform powered by VeChain received an official endorsement from the Shuangjiang county government at its launch on Nov. 13. VeChain partnered with leading tea producers in the region to implement the traceability platform. The entire lifecycle of a tea brick from raw mat..

What Is VeChain (VET) and Why Did it Pump 65% This Month?

Market Analysis While the majority of crypto traders are discussing a variety of bullish and bearish perspectives on Bitcoin (BTC), many altcoins are jumping around and making significant moves. One of them is VeChain (VET), which has surged more than 100% in a matter of weeks.Crypto market data..

Bitcoin Price Diary: Long Bitcoin, Bullish on Altcoins – XLM, VET, ONE

Market Analysis Altcoins have been inching their way deeper into my trading routine and this seventh entry of the crypto trading journal features a newly opened position on VeChain (VET), as well as a timely buy of Stellar Lumens (XLM). I am still long on Bitcoin (BTC) from under $9,000, as price ..

VeChain Unveils Food Tracing Solution Foodgates at China’s Import Expo

News Singapore-based blockchain application platform VeChain has unveiled a new blockchain tracking system for the food and beverage industry. In a blog post on Nov. 7, the company confirmed it was working with food certification group DNV GL and supply chain specialist ASI Group on the project, k..

Walmart’s Foray Into Blockchain, How Is the Technology Used?

Analysis Walmart is currently making use of blockchain technology to create a food traceability system based on the Linux Foundation’s Hyperledger Fabric. Along with IBM, the retail giant has already tested two proof-of-concept projects to examine its envisioned system. The first project deals ac..

Republic of San Marino Signs MoU With Blockchain Platform VeChain

News The Republic of San Marino has signed a Memorandum of Understanding (MoU) with blockchain application platform VeChain. Per the agreement, the two entities aim to deploy blockchain technology to incentivize sustainable ecological behavior from citizens, local news agency askanews reported on ..

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