Crypto Bytes: Coin of the Day: VeChain

#VEN
Partnerships! Partnerships! Partnerships!
VeChain has amazing partnerships! They are working with Pricewaterhouse, Renault, DNV-GL, China Unicorn, BitOcean, Michigan State University, rumors of BMW, and many many more!
VeChain is a blockchain platform that will work with fortune 500 companies as a decentralized application platform that will run smart contracts and host ICOs. Currently, they are revolutionizing tracking of products and goods using RFID tech.

VeChain is a Chinese government approved blockchain platform. China doesn't approve of cryptocurrencies like Bitcoin, Monero, and Litecoin that can be used for day to day transactions. But they endorse blockchain platforms that will take their industries to the next level. Hence they allow and support NEO and VeChain.
Currently, VeChain is using their blockchain tech to track wines and purses from their origins, so these expensive products can be verified as genuine. China has been trying to crackdown on the sales of counterfeit products for years, blockchain tech that can combat this is welcomed by the government.

VeChain will have a rebranding event on Feb 28. They will probably discuss future projects, new partnerships, and introduce the Thor token which will be used in the VeChain ecosystem. VEN hodlers will be able to earn THOR like NEO hodlers earn GAS.

This is not financial advice.
VeChain is listed on Binance and KuCoin
Do your own research:
https://www.vechain.com/#/
https://www.reddit.com/r/Vechain/
Great 4 minute video to give you an introduction to VeChain and what they do.