Strategies With VET

On this page, you'll discover a list of investment strategies that include VeChain (VET). Each strategy combines this asset with other cryptocurrencies, offering unique approaches to portfolio diversification. Explore the diverse strategies below and enhance your investment potential with ICONOMI.

The VeChain public blockchain is an advanced layer 1 smart contract platform. It has many technical upgrades versus its predecessors, facilitating adoption in real-world commercial environments. The blockchain-based platform has multiple real-world business applications as it combines blockchain technology with the ‘Internet of Things’ (IoT). VET is the native token that lets people transact on the blockchain. VeChain combines decentralization and centralization with many integrated tools, including KYC, to ensure smart contracts support it. VET functions on top of VeChain, which uses a Proof-of-Authority (PoA) consensus protocol. By undergoing regular updates, the chain promises to resolve the weaknesses in the two main consensus types: Nakamoto Consensus and Byzantine fault Tolerance.