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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.[1] Its enabler, the VeChain Foundation, has formed partnerships with highly prominent companies from various industries, e.g. DB Schenker, BMW, DNV GL, etc.[2] It has been used to provide retail and supply chain solutions in the fields of cold chain logistics as well as luxury goods.[3] In December 2020, VeChain became the first 5-star blockchain service provider as rated by TÜV Saarland, a renowned German certification institution.[4]


  1. Frankenfield, Jake (3 October 2019). "VeChain". Investopedia.
  2. Brown, Collin (23 December 2020). "VeChain certified as the world's first 5-star blockchain company". Crypto News Flash.
  3. Welfare, Antony (2019). Commercializing Blockchain: Strategic Applications in the Real World. John Wiley & Sons. p. 228.
  4. "VeChain weltweit als erster 5 Sterne-Blockchain-Dienstleister vom TÜV Saarland zertifiziert". PressePortal (in German). 23 December 2020.{{cite news}}: CS1 maint: unrecognized language (link)

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