What is VeChain? VET Supply Chain Solution Explained!
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- Опубликовано: 25 авг 2021
- VeChain is a very interesting blockchain solution to help suppliers of materials track and automate their processes. VET is mostly used by commercial purposes, and has a ton of potential if large operations start to use their technology.
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Finally!!! somebody who uses real-world scenarios to explain the crypto/blockchain world. Thank you for doing this, much appreciated. Subscribing now.
You make the best most easily understood block chain presentations!! 🙏
Just found your channel … wow! Thank you so much. I have been looking for weeks for relatable and understandable content! I am just starting tj learn about crypto and this page is perfect!
best crypto explanation youtube channel ever
Dude I'm so glad I found your channel, keep up the great work
Thank you for this info and the way you present it. Your content should be mandatory for schools RN.
I just want to say thank you for all your hard work to help us all understand the crypto world a little bit more.
First of all, congrats for the content! reaaaally good! Also, could you guys make a comparative video of VeChain and OriginTrail(TRAC)? Would be awesome!
Great video! I think I might have a use for this in the future!
you should do power ledger :) very cool power solution would love more people to know about it
One about how Thorchain & Helium work would be awesome !
The best crypto videos for new comers to the game. Absolutely the best channel to learn.
It would be great to do an updated version of this, love your explaining style!
I just subscribed because you actually educate me on crypto
This is HUGE guys. You all should be buying this.
Such exceptional!
First time viewer here. Thank you. Very well done! How about a vid on HBAR?
Very informative and clear explanation. Best on You Tube.
Thanks for watching don't forget to hit up the subscribe button
±¹ =⁷=⁶=⁵=³=¹=⁵=³=⁴=⁷=³🚩...........
wow amazing project, nicely explain
Bro.. I have more watch time for your videos than my school course tutorials. Love your real time examples 💕
@Whatsàpp➕➊➎⓿➐➌➏➏➑➌➑➋ OK Stupid bot 🤣
blockchain is already revolutionizing supply chain and logistic efficiency and transparency - can't wait for bigger companies to start adopting these solutions for stuff like Gold, Minerals, Oil - ect. The future is exciting
Great video, easy to understand!
Of all crypto coins, I feel Vechain is the closest to the real world usage, the sky is the limit for them.
I agree, good application to real world problems
Keep it up please we want more videos like this !!!!!🙂
I’ve heard it thrown around a bunch, but wasn’t super sure of the tech and process with it. Cheers!
Great video! Keep going like this and you’ll grow very fast. Super insightfull content, learned alot. Thanks!
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WOW! THANK YOU!!!!
Thank you for this video buddy. Definitely one of the most insightful and underrated blockchain education channels on RUclips. Could you please do a review of NEAR Protocol? Thanks!
I'll look into it, always finding new things to learn about and share :)
@@WhiteboardCrypto That's so great to hear man, love your videos. They have been my go to source for crypto edutainment lately. One of the earliest subscribers here :)
Great channel Guys! I really like it!
I have some topics in mind which other viewers may want to see too
1. Difference between USDT, TUSD, PAX, USDC, BUSD
2. what does Solana do and why the game star atlas choose SOL as its platform
3. Many games are coming for axie infinity. How is a crypto game created, and how does the ecosystem sustain itself if players cashes out their daily earnings and not put it back into the game breeding etc?
4. How does emin metaverse work and can establishedn non crypto games like clash royale get into crypto ecosystem by using enjoy?
I can't buy enough of this coin
Hey whiteboard Crypto, wonder if VeChain today could be a potential contender for Carbon Emission traceability within supply chains. This is a key topic for huge corporations right now that are struggling to reduce costs due to Carbon Emission.
Vechain is headed to top 10 crypto marketcap. Stack and stake that VET. 👊🤑🤙
I just bought 10k vchain pray for me i was supposed to put that 1100$ into my kids starter college savings
@@edge2991 why are you fucking gambling your kids college money? Vet is a good crypto, but no one knows if it will go up after you bought it
@@edge2991 don’t look into $TRAC else you regret your choice. Next time do some investigation first should be my advice. Good luck.
@@vincentlaurent1397 ok daddy
Where to stake?
TOP!
Best crypto project ever!!
This is almost perfect! But could you also maybe talk about the NFT market places and the VeChainThor wallet and there manny DAPPs. Please and thank you 🙏🏽
yes! This iz Amazing.
very good video
perfect video, hope to see more videos introducing projects like polkadot, cardano, solana and so on
Cardano is next, and its a long video 😍😂
@@WhiteboardCrypto nice!!!! keep going you're doing a very good job
@@WhiteboardCrypto That's what I wait for a long time.
Wow. This is awesome analysis 👏 👌 all of the world.
The best channel 👏🏼👏🏼👏🏼👏🏼
Awesome video and Vechain will be top 10. You should make a video on Cardano.Sub
I feel like I’m being taught by morty, Rick must do the art work and editing.
Naturally, Rick always does the important work
Great bro, can you say which software are you using in this whiteboard animation?
Videoscribe
@@WhiteboardCrypto okay thanks bro
great content , very simple to understand , sometimes speaks very fast but ok
Thank you so much for this... Can you pls do a video on GFX
We'll look into it!
So exactly does it work practically in detail?
great explanation of VET. it's a hidden gem and will do great in the coming days. I'm buying & holding for the last 6 months.
"Hidden gem" its literally rank 26
@@Adeeviant ok boomer
@@infernogamers168 boomers invented crypto
@@cornstar1253 *Gen Z
@@infernogamers168 it is an idea developed in the early 80s.
Research New Directions in Crytpography from the 70s. Blockchain concept was from the early 80s.
Gen Z invented nothing.
Thx for the video. Can you explain why retail would buy up VET if we won’t be using the supply chain? Theoretically we buy BTC to store value against inflation (and transact vis Lightning) and ETH to pay gas to participate in dapps. Is VET just a speculative coin like stocks or is there some sort of participatory network for holders?
vet generates vthor
@@lyfxyz12 can u explain how that works and what vethor does?
Why would we not be using the supply chain? We will always be buying and selling Globally. When a customer uses VeChains service, they have to buy the VET Token.. I did a video on it, if you want to check my play list
The most important part was only given a sentence - While VeChain BC may be useful, VET may not take up. Can you please elaborate on this?
Yes it's been a month I want to know also.
@@juanzacarias2734 it does not have use case... transactions are being actually transport on another shotcoin...
only use case is 25mil a must for big companies.
lol true
Simply means "adoption" the idea may be there but perhaps companies are still not confident in using it...just yet.
Very good explanation. If v chain is a bit centralised, if it is used only by big companies, if the bolckchain itself chooses the nodes to varify the next block, ---then why on earth a normal person will be interested in v chain other than earn a quick profits?
companies who want to use vechain will need to hold a lot of the tokens in order to collect vethor gas. This will restrict its limited supply of 86billion and if you are a token holder it is like owning a share of this vechain system. You will also receive gas which you can sell as passive income to the businesses or you can sell for profit. Its like buying a stock with dividends. Lots of normal people will be interested in this opportunity
it will provide easy access to small businesses and locations with limited access to local databases. Small business and suppliers can connect with global retail chains on the open blockchain
I wanted to buy about $500 of VET back when it was still $0.002, but gave up due to the difficulty of getting onto an exchange where I could legally buy it (thanks Texas). Major regrets.
gotta love the govt.
But u can open carry guns!
buy now
Vechain ♥️🔥
Will you please make a video about HOLOCHAIN?
So I don’t understand how, for example, the way pharmaceutical product can be tracked to its end user, knowing it was opened at, and not before its destination. What mechanism would notify the chain of the bottle being open/tampered with?
My guess would be the consumer. Or it would stop at whomever found out it's been tampered with. From there it's all a matter of chain of custody 🤔
thanks
Make a video of a matic Polygon network.. Pls
Good idea, I've been using it a lot!
Dhe Malayali
Is there any benefit for poor investor or vechain user to buy vet instead of vtho? I know we can get vtho by staking vet but the reward is very small. we can buy vtho easily from exchange since its price still cheap (and it can be set always cheap by setting the amount of reward). So is there any use case for anyone who has some vet (not enough for governance purpose)…?
This is actually smart
Which software you use to make thumbnail. Awesome thumbnail 👌
Sadhguru! What are u doing here?
@@fabiovieira4515 I am just editor of him don't be confused
@@sadhguru-shorts1344 i totally understand! I was just kidding! Sadhguru in part of my life and I love him! Peace!
@@fabiovieira4515me too. We all love him for what he is doing
And now VET is🚀 to another galaxy.
Amazing video
these are great, time stamps?
I would like to ask you, is this means that the VET coin is the one that authenticates stuff like LV bags or a BMW unit?
Why wouldn't a company use a feeless, instant, and scalable solution like Nano or Iota? Or a near feeless solution like XRP or XLM?
Why would a company set up validators/miners for their own personal blockchain? Why would a company pay fees to use their own blockchain? It doesn't make sense. The whole point of blockchain is to be decentralized, not just distributed. If it's not decentralized then you might as well just use a regular database.
Dang how dare you use logic GOD! It's like of course a company that cuts every corner it can to save a buck would spend more money to do something they already do for free! lol
Isn’t IOTA also do the same thing?
VeThor To the MOON!!
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I have a question. What is the usage of this coin? So in order to manage SCM with this chain you need VET and VTHO?
Vtho for gas fee. Vet for... I dont know (for common people)
Vechain to the moon...
What about Jasmy coin?
Just strolling by 🤩 Metaverse AI glasses with keyboard operability. Try that learning🎉👌🏾🔥 curve and keep that 👏🏾⚰🐂🔑safe
Hi, i just want to point out the photo of peter zhou you used is not him, wrong person. pls fix it.
at 7:28, did you mean 'less about speed, and more about security'?
not 'more about speed, less about security'?
thank you for the great content!
Is it a plane is it bird no it's a video of Saturn. Sorry got exited there when is vechain coming to South Africa
Please make a video Pi Network π
Serei eternamente grato a você, você mudou toda a minha vida e continuo a pregar sobre o seu nome para o mundo inteiro ouvir que você me salvou de uma enorme dívida financeira com apenas um pequeno investimento, muito obrigado Jessica Camilla
Estou surpreso que você também a conheça, tenho lucrado muito investindo com ela há alguns meses.
Eu estava em dúvida inicialmente até que decidi tentar. É enorme retornos é incrível! Eu não posso dizer muito.
Eu sou novo nisso, por favor, como posso alcançá-la?
@@lvsane3081 Você pode alcançá-la em seu TELEGAM com o nome de usuário abaixo
@@lvsane3081 investwithexpertcamilla é o nome de usuário dela
Sounds dangereous
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Buy Vpunks guys !!!
How did you come up with cat/turtle hybrid?😹
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But don’t you still have the problem of garbage in, garbage out problem?
VChain surprisingly does not solve that. That will be the real invention. I’m not comfy that it’s too centralized too. But knowing how greedy corps are, I’ll hedge some funds on Vet, but I won’t bet too much on it.
VeChains biggest partner is DNV GL. The problem of garbage in garbage out is very real, but is mitigated through Audits done by DNV GL on the companies that are using the vechain blockchain.
Vet will eventually be over $1 get in while you can
Substitules pls.
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This crypto may do well or it may not even do well in the future but vethor was created for selling purpose of Sony loo . Vethor is another product for the Sony loo to sell . Because when they sell they make money from investors .
Ve Thor is not the fuel trust me is just another product to be sold to the public .
Sounds much like Chainlink
Who tf downvotes this.. like for real?
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You could have just said its an asset traceability solution, working off of a BlockChain.
...but great video nonetheless! Thanks for making these! :)
So VTHO can be manipulated and is controlled by people not code.................... isn't that the opposite of the goal?
Vechain will rise again 2024 $1-$3💎
UFC🐅
Kinda sounds like XRP in the sense that the native token itself isn't needed for the tech to be utilized by businesses. Not a good sign.
Xrp will probably run the world
@@cornstar1253 RippleNet might. XRP isn't needed for that
Completely different use cases.
WHEN PUMP?
seem the supply chain still confused to me
Smb paid you
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The guy with the fake bags should be black. Just kidding.
Did he just say Bitcoin and Ethereum has a very broad range of use cases at about the 8:30 mark? Lol. Please name them. Here. I'll help you out. Bitcoin is used as a store of value. Try really hard to name another.
talk show next time !!!!!!!!!!!!!!!!
BMW has come out and said there trying the product and they stoped using it the reason they tried it is because they got big compensation from vechain just to try it out and they did not see the use case for now .
You’re information is wrong .
Stop hyping and give the full story because people are investing in you’re vechain because of you’re video .
Garbage 🗑! Only moves when btc moves identically. Why isn’t it listed on Coinbase 🤔🤷🏽♂️. It’s the new digibite