VeChain Foundation have pointed to the fact that they have been having product development at the forefront of their activities despite the global pandemic. They have pointed to how they have had an impressive growth during 2020. They are looking forward to an exciting 2021.
Throughout 2020, VeFam have been focused on what truly matters. The transactions on VeChain costs less than a cent to send a simple transaction. They are on a POA consensus mechanism as well. The POA is more advanced than POS, less susceptible to large holders coming to dominate block production.
VeChain is loved by traditionalists as they see that they are the only company who are working with traditional companies and actually solving some real problems. It is very obvious that they are moving companies from the twentieth to twenty first century.
Commenting, Sydney Ifergan, the crypto expert opined: “VeChain got certified as the First 5-Star-Rated Blockchain Service Provider in the World, Certified By TÜV Saarland in 2020. Looking forwards to more of such good stuff in 2021.”
VeChain are continuing to work hard in their mission for innovation. The RMIT Innovation Hub joined the VeResearch program in 2020. This partnership of VeChain and RMIT is expected to cement VeChain into a regulatory foundation which will withstand government and corporate onboarding while shielding VeChain and partners from any or all oppositions. VeChain Foundation and RMIT make an amazing partnership for innovation.
In 2020, Grant Thornton Cyprus, one of the largest business advisory firms in Cyprus strengthened the VeChain ecosystem by becoming one of the 101 Authority Masternodes of VeChainThor blockchain.
Several VET investors expressed how they liked the Travala partnership and on how they liked being able to spend some of their VET there. VeChain are getting in to lot of partnerships in a way helping users to be able to spend their VET.
VeChain Foundation (VET) Unleash True Potential
Sunny Lu has expressed in his tweet, the power of the community stating that the VeChain community has grown substantially this year.
He took to a look at the total 1yr activity: Price $0.019643 +263.83% Social mentions +65.23% Social engagements +113.86% Social contributors +89.14% Bullish sentiment +169.7% Shared URLs +224.9%
Technologically, year 2020 was a great year at VeChain. Hopefully in 2021, they will be solving some real world technological problems – the developers and the community are determined as ever to unleash the true potential of VeChainThor to deliver mass adoption of public blockchain technology.