VeChain (VEN) finally releases white paper, 9 months after their ICO, and it was well worth the wait. The informative and highly detailed 114 page white papers goes into great details about the blockchain foundation, economic model, governance technical roadmap, fund usage and digital asset management. Even though it may be longer than most, it was a very easy read and held my interests during the entire paper. I was not the only one inspired by the mastery of VeChain’s report, many individuals reached out to me during the past few days to discuss their appreciation of the work.
VeChain has been a hero within China and is positioned very well throughout Asia. The country was the first cryptocurrency to sign a deal with the Chinese government and have partnerships with many companies such as PricewaterhouseCoopers, China’s National Research Consulting Center, BMW, Michigan State University and most recently LogSafer, a major Chinese risk management firm. VeChain is currently ranked the 16th highest market cap worth over $2.25 billion.
VeChain is well-positioned to become one of the most profitable blockchain companies. It continues to follow their dream of “Building a trust-free and distributed business ecosystem platform to enable transparent information flow, efficient collaboration, and high-speed value transfers.” They continue to break exciting news nearly every day including their recent listing on Zebpay, India’s leading bitcoin exchange. It is one of the most coveted blockchain firms from the Chinese government and the blockchain enthusiatss within China, and we expect VeChain to succeed.