VeChain is a company that offers Blockchain-based solutions for businesses across the globe on the VeChainThor platform. It aims to enhance supply chain management and business operations using comprehensive distributed governance and IoT. The purpose is to leverage Distributed Ledger Technology (DLT) to streamline these processes and information flow for Supply Chains. VeChain claims to provide a 360-degree view of crucial information related to businesses and their products. Its whitepaper outlines, “VeChainThor is a public blockchain that is designed for mass adoption of blockchain technology by business users of all sizes. It is intended to serve as the foundation for a sustainable and scalable business blockchain ecosystem.” Thus, the platform primarily focuses on supply chain management, anti-counterfeiting, carbon credits, asset management, client and customer experience.











