The implementation of a novel dual-token system assures consistently low transaction fees, while the sophisticated Proof-Of-Authority consensus protocol provides the network with exceptional capacity, scalability, and security, all while maintaining minimal energy usage. This has led to an outstanding record of zero downtime across more than three years of uninterrupted service.
Venturing into practical blockchain solutions on a global scale, VeChain Technology has established its presence with offices situated in pivotal locations including China, Singapore, Luxembourg, Japan, France, San Marino, and the United States.
VeChain’s impressive capability for independent development, augmented by the regulatory expertise of strategic allies such as PwC and DNV GL, has propelled the formation of significant partnerships with industry titans like Walmart China, Bayer China, BMW Group, BYD Auto, PICC, H&M Group, Shanghai Gas, LVMH, D.I.G, ASI Group, among others.
