With an aim of “Creating Valuable Transactions”, various stakeholders, including VeChain Foundation, developers, enterprises, venture capitals, VET holders and academic institutions, contribute to and benefit from collective value creation through the development of the ecosystem.
Blockchain technology has been adopted by numerous industries and is set to become a bigger influence over almost every aspect of our lives. From clothing to food to housing to transportation, the applications for blockchain seem limitless.
Digital transformation and digital industrialization have become increasingly important to economic growth. According to the latest report released by the China Academy of Information and Communications Technology (CAICT), the volume of China’s digital economy reached 31 trillion RMB, or 34.8 percent of its GDP, in 2018, up over 20% from the previous year.