VeChain (VEN) Soars in Defiance of Bear Market; Here’s All You Need to Know

VeChain (VEN) Soars in Defiance of Bear Market; Here’s All You Need to Know

Despite a near-universal market slump triggered by fears of a Korean regulatory crackdown, VeChain (VEN) has had an incredible few days, growing by almost 300% this month. At its core, VeChain is an Internet of Things (IoT) company that wants to revolutionise the supply chain. Its specific focus is on guaranteeing product authenticity and quality, helping brands in their crusade against global counterfeiting. The central idea is that if blockchain is used to track the entire supply chain and lifecycle of a product, then retailers, manufacturers, and customers can all be certain that what they are buying is authentic. […]

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