MOST Explosive Altcoin That Exists (Why I LOVE VeChain 2021)

one supply chain has been on the start of what looks like a massive run-up to come of course i'm talking about v-chain who's been making some eye-widening collaborations with enterprise today let's find out what old v chain's been up to there's a reason it's one of the top coins in my portfolio the only question is whether or not it should be in yours let's get it bitswap is the hottest new way to trade tokens crawling all the top decentralized exchanges bizwa will get you the very best price and value for your trades bitswap is changing the game try it now at welcome to bitboy crypto the largest crypto channel in all the interwebs my name is ben every day i show you how to make money in cryptocurrency if you like money and crypto then make sure to hit that subscribe button today we'll be looking at vchain's recent partnerships and answering that question on your mind about where things are going from here is v chain going to reach one dollar or maybe even two dollars as simon d predicted last year or are we heading down from here v chain has been one of the best performers in the crypto market period and it's weird i told you that over the summer having surged to as high as above 20 cents just last week but in fact according to a data from coin telegraph markets and trading view price of vet has increased by more than 400 percent over the past two months alone inching its way up from a low of just over two and a half cents on february 8th to a new record high of 26 cents on april 20th chain's all-time high in 2020 got to as high as almost two cents but those days are well over and will go down as a missed opportunity to accumulate for many v-chain is starting to face enterprise level adoption and people are finally starting to open their eyes to what is being built a blockchain powered supply chain platform with distributed governance which will optimize and revolutionize existing supply chain management systems now i'ma let you in on a secret the same way the institutional investors are driving the bitcoin price up enterprises are driving the vet tokens so let's take a little more in-depth look into the partnerships driving vets recent rise there are five companies that have strategic key partnerships with vechain dnv price waterhouse cooper national research consulting center yaida china holdings and bit ocean crypto exchange according to the nasdaq other major companies looking into using v chain include bmw lvmh and byd v-change technology is being utilized on several projects that are managed by vet's partner dmv dmv utilizes vchain's blockchain solution to manage data from projects with the darnish company reese and the norwegian industrial company hydro in march vet announced an nft related collaboration with vim world which steadily increased the price but what has driven the current explosion is an announcement with software company salesforce announced on april 8th salesforce sells the number one crm software or customer relationship management software and works with top companies such as spotify amazon web services u.s bank toyota macy's t-mobile aldo the new york post american express cannon the american red cross l'oreal americas nbc universal and the hershey company they all rely on salesforce software following the salesforce announcement less than a week later the chain revealed that it's partnered with pricewaterhousecoopers also known as pwc and is assisting their clients in integrating distributed ledger technology now if you are unfamiliar with this company pricewaterhousecoopers is a services company that provides its clients with numerous services including auditing tax and consulting forensics and much more in december vechain partnered with the royal melbourne institute of technology or the rmit blockchain innovation hub pledging to research and come up with innovative ways of furthering the growth of the entire blockchain industry here's a pie chart from reddit to showcase vechain's connections and partnerships just make sure that you are not going to bet against vet because it is killing the game right now vechain strategic advisor of v chain jackson foo recently highlighted several of the partnerships to encourage other billion dollar companies to join the platform vegan has managed to deliver strategies and solutions that according to foo allow its partners to run business at scale fu said the following v chain thor public blockchain is already looking like the number one choice for businesses building real world products vechain has consistently managed to solve mass adoption hurdles such as preventing unstable transaction fees with his vet vth02 token model and eliminating the threat of congestion with its scalable network that proactively adjusts itself in response to network usage although maybe a bit biased it's warranted foo believes that the blockchain is a service platform offered by v-chain to its customers tool chain allowing them to build and deploy highly customizable solutions vechain is solving a number of problems in the supply chain industry but one main focus is data sharing between stakeholders trust remains a massive issue for multi-stakeholder collaboration within businesses currently it's almost impossible for businesses to verify data they receive from a third party without extensive time resources and cost now this is according to the project's medium daniel nordie director of strategy and architecture at salesforce built an open source salesforce toolchain adapter to enable open seamless data sharing across multiple parties using data hashed on the vechain thor public blockchain large saas platforms and business service providers such as salesforce and dmv can use the change toolkit to add blockchain solutions as potential offerings for all their hundreds of thousands of clients but it's not all seriousness for vet or is it vechain recently announced that it would be working with enterprises to develop an enterprise nft ecosystem the enft system will be rolled out slowly in phases according to the vet foundation that works on a proof of authority system using vtor as a governance token as compared to ethereum's proof of work blockchain when vtho is used seventy percent of is destroyed or burned and the other thirty percent is retained by authority masternodes authority nodes are the only nodes on the vechain thor blockchain that are authorized to validate and produce blocks vechain uses a dual token system with inflationary and deflationary mechanics now that also has a fixed supply which is a good thing holding vet generates the secondary token called vtho vtho has a controlled inflation rate as well as a deflation rate burning with each transaction the increase in v chain's price and its adoption has also led to a 1 000 increase in the price of the thor token or btho over the past few months which is used as gas to pay for transactions and smart contract interactions on the blockchain vechain's vision is to deliver the mass adoption of public blockchain solve key business challenges that are otherwise unworkable without this emerging critical technology now each day they inch closer and closer to that goal this bull run is just getting started you've seen my portfolio holding a vet and you know my thoughts now it's your turn to do your own research let me know what you think about v-chain is it still on the way up or has it peaked drop your comments down below i think i know what most of you are gonna say but that's all i got be blessed good boy [Music] out you

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