VeChain Teams Up with Chinese Electric Car Brand BYD for Blockchain Carbon Credit App

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VeChain (VET), the world’s 18th largest cryptocurrency by total market cap, has partnered with one of China’s largest electric car manufacturers, BYD, according to a Medium blog post. Through its partnership with DNV GL and VeChain, BYD has created Carbon Credits and blockchain solutions ready for mass production.https://t.co/taCw8Gn8fI — VeChain Foundation (@vechainofficial) September 5, 2018…

Major Fund: 99% of Blockchain Investors are Interested in Profits, Could Ruin Market

Major Fund: 99% of Blockchain Investors are Interested in Profits, Could Ruin Market

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Joyce Kim, co-founder of $3.5 billion blockchain network Stellar and cryptocurrency hedge fund managing partner at SparkChain Capital, said in an interview with Chosun that 99% of blockchain sector of investors are interested in short-term profits rather than the technology. At a cryptocurrency conference covered by mainstream media and publications like Chosun and JoongAng, Kim…

Chinese President States Blockchain Is “Reshaping the Global Economic Structure”

Chinese President States Blockchain Is “Reshaping the Global Economic Structure”

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Chinese President Xi Jinping — the leader of the world’s second-largest economy — has described blockchain as accelerating “application breakthroughs.” Addressing the annual Chinese Academy of Sciences conference on May 28, China’s leader hailed blockchain technology as one that “profoundly affected the country’s future and destiny.” The President noted: “Ever since the start of the…

VeChain Reveals New Development Plan and Whitepaper, Announces First ICO on VeChainThor

VeChain Reveals New Development Plan and Whitepaper, Announces First ICO on VeChainThor

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VeChain’s VEN token rose 5% after an announcement from the VeChain Foundation unveiling a new development plan and whitepaper. The blockchain-based product ID and supply chain management platform’s release details upcoming partnerships, a new governance model, and the future of the VeChain project. Announced on Twitter on May 20, the new development plan and whitepaper…