WHERE TECH SUPPORTS SUSTAINABILITY
We intertwine parallel universes. Technology creates endless possibilities for inciting sustainable action.
Distinct but interconnected worlds – find out how we bridge the two for better.
VECHAINTHOR: THE LAYER 1 FOR SUSTAINABILITY
RESHAPING BUSINESS FOR SUSTAINABILITY
When we began, it was rare to see major business applications running on public blockchains, and enthusiasm was still low. We endeavored to change that. Right from the start we aimed to differentiate ourselves from the many speculative crypto projects. We immediately saw the opportunity for enterprises to capitalize on blockchain technology, but even beyond the digital realm. As we developed new technological solutions, we also nurtured partnerships and sustainability, organically finding a way for these diverse realms to become synergistic. But just like many other technologies, we knew our VechainThor blockchain would pass through several stages of development. Intentionally and gradually we gathered the resources necessary to bring our vision to life.
The scalability of a blockchain is directly linked to its governance model. Our adaptable and efficient platform is made possible by our governance structure that models this behavior and is being continuously fine-tuned. We are implementing principles derived from unconventional models – such as DAOs – successfully utilized in other fields to progressively decentralize the VechainThor platform and render ecosystems more efficient. As one of the most open and transparent public blockchains, another of our differentiating qualities is our commitment to regular reporting and compliance. Just like the transition to a more sustainable world is a journey, so is the improvement of our governance model. Our goal: to enable rapid innovation and development, while meeting the needs of users, the community, fast-growing enterprises, and serving sustainability.
THE STEERING COMMITTEE
Transitioning towards sustainable governance is imperative to our mission and oversight is provided by the Steering Committee, which is elected publicly by nodeholders. The governing body of vechain, our Steering Committee, oversees various functional committees and represents the balanced interests of all VechainThor blockchain stakeholders. Through the election process, we strive to promote member diversity, and thus to benefit from their diverse perspectives. The Steering Committee constitutes a first step toward decentralization. As we progress, so will the decision-making process, becoming ever more distributed among Biosphere participants.
A senior executive with decades of business leadership experience in the Testing, Inspection, and Certification Industry. His experience includes hands-on involvement in global marketing and sales, global operations, supply chain management, ESG, sustainability and exponential technologies. He is most passionate about leveraging digital technologies to encourage, enable and empower more sustainable behaviors.
Over ten years of expertise in material chemistry and nanotechnologies. His research focuses on energy and environmental issues by developing novel solutions using advanced functional intelligent materials. A forerunner in merging smart materials and the Web 3.0 idea to promote sustainable development. He utilizes smart materials to automate waste management procedures and reduce the carbon footprint of waste disposal.
A senior executive with expertise in business assurance and digital transformation. Throughout his leadership roles, most recently as former Senior Vice President and Global Director of Growth and Innovation at DNV, Renato spearheaded the implementation of blockchain technology for digital assurance. He serves the Scientific Committee of San Marino Innovation and the Blockchain Panel of experts for the Italian Government.
One of the pioneers who started exploring blockchain business applications. He launched the vechain project in 2015. Prior to vechain, Sunny was an IT Executive in Fortune 500 companies for nearly 20 years and was the former CIO of Louis Vuitton China. He has accumulated extensive experience in information systems technology strategy and management, enterprise digital revolution and digital innovation.
Vechain’s Chief Technology officer. Antonio brings technical expertise around Blockchain, Big Data, Analytics, Cloud and Innovation. He previously served as the Head of Technology for SDGs initiatives at vechain where he worked to enable the technical infrastructure for the SDGs ecosystem. Prior to vechain, he was Deloitte Global Blockchain CTO & Head of the Deloitte EMEA Blockchain Lab.
FACTS & FIGURES
VechainThor is the preferred Layer-1 blockchain for Web3 and enterprises.
Join us in leading the sustainability revolution with our low-carbon, highly scalable infrastructure.
Active Wallet Addresses
Number of Clauses to Date
Number of Transactions to Date
Number of Clauses in the Past 24 hrs
• LIVE DATA
Cost per Transaction
min 0.21 VTHO
100% ONLINE ZERO OUTAGE
Scalability is intrinsically designed into the platform.
In order to promote scalability and facilitate complex transactions, the VechainThor blockchain allows a single transaction to carry out multiple tasks, or “Clauses”, as we call them.
Clauses provide a much more in-depth view of the tasks processed by VechainThor, beyond the transaction volume.
DID YOU KNOW?
Vechain’s energy consumption is equal to just 0.04% of other blockchains.
The 2022 carbon footprint of Vechain’s core network of 101 authorities’ nodes was calculated to be 4.46 t CO2e/year. That is equivalent to almost one gasoline-powered passenger vehicle driven for one year.
Speed and security but made sustainable and scalable, for a digital sustainability revolution.
Vechain’s core research team has 11 registered patents which span our Proof of Authority consensus mechanism, IoT and Blockchain, Zero Knowledge Proof, Supply Chains and Carbon Recording Across Supply Chains.
Vechain and its affiliates have developed solid cross-industry partnerships that will facilitate ecosystem adoption and collaboration.
FOR OUR BETTER WORLD
We want a sustainable, inclusive and equitable world, where everyone plays their part in making this vision a reality. To get there, transparency and trust are fundamental. Technology is the key to fostering trust between individuals, organizations and governments, and substantiating the promises of all in a public and secure way.
In this new paradigm, actions and their impacts are quantified and validated, with each individual person or institution gaining ownership of their personal data and control of its use. Here there are secure, trustworthy, and transparent transfers, information and value. In short, actions speak for words. This is Web3, where all are owners and co-creators, no longer mere users.
VECHAINTHOR: THE LAYER 1
If it’s powered by VechainThor blockchain, then:
SUSTAINABILITY ACTION IS IMPERATIVE
For our planet, our society and our businesses. We’ve pushed our system to a breaking point, and we must act for our wellbeing. Our current take-make-waste system must inevitably evolve.
Increasing planetary and regulatory pressure require change that may only be answered through the collective effort of all. We propose ecosystems that support and facilitate the sustainable transition across industries toward circularity, carbon reduction and more.