VeChain is a blockchain platform that focuses on supply chain management and smart contracts. Its tokens are listed on crypto-trading platforms as VET and VTHO. Its enabler, the VeChain Foundation, has formed partnerships with highly prominent companies from various industries, e.g. DB Schenker, BMW, DNV GL, etc. It has been used to provide retail and supply chain solutions in the fields of cold chain logistics as well as luxury goods. In December 2020, VeChain became the first 5-star blockchain service provider as rated by TÜV Saarland, a renowned German certification institution.
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