10.7 C
Amsterdam
28 March 2024
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Altcoins

Vechain (VET) Breaks Open at Round Table Interview

Sunny Lu, CEO of VeChain spoke at a recent round table.  VeChain Technology is a global leading enterprise-friendly blockchain company which aims to connect blockchain technology to the real world by providing enterprises with blockchain-enabled solutions suited to their business needs.

Sunny: We has quite a reputation even outside of the blockchain space. Recently, we are closed to a big client in China. When someone brought up VeChain, their CEO went like oh I know this. So honestly the thing I learn from Louis Vuitton, is that branding is important.

People need trust. So I think we protect VeChain pretty well. We never brag things around. Building application with the new technology is time-consuming. But in the blockchain space, people wish you have it done in one day or one night. It’s unrealistic.

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We would like to have a very solid foundation. We want to do things step by step because we hold a long term vision. Blockchain technology can really shake the world like the internet did 40 or 50 years ago. I am looking for at least like a 20 or 25 year career ahead.

No technology can solve 100% problem. But even 1% increases of efficiency or accuracy could solve more problems bit by bit of year by year.

When talking about challenges, the biggest is strategy. Then the people. Our business is growing faster than the team. And the money and business connections. Also, the entire industry is at early stage. So among all these, I would say making money is the easiest thing.

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Some people may just try to make some quick cash, which has actually been quite common in the past few years. But for VeChain, so far we have been doing quite well. We have been transforming the technology value to business value. We continue to build and deliver.

Not to anyone, even to my mom, or my dad before, I never gave suggestions or financial advice. But what I can tell you is that 90% of my assets are still in VeChain for sure. Because I’m doing it.

Community response:  Insightful conversation. It feels like VeChain is upgrading Blockchain to totally another level.

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We all believe in and support vet. We believe that the future will grow into an honest and desirable coin. We will go beyond the mainnet to Coinbase, and we believe it will live up to our expectations. We believe you will cross $1 by the end of 2021.

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