//VeChain has been really busy in the last 30 days, take a look

VeChain has been really busy in the last 30 days, take a look

VeChain was suspended from r/Cryptocurrency on Feb. 5 after reports of brigading.That suspension has now ended. Here are updates for VeChain over the past month, newest first.TL;DR is at bottom.3/6VeChain partner DNVGL reveals the first 3rd party dApp created for the VeChain blockchain, My Story.The Italian wine industry will be the first to use the app, which will allow consumers to trace the product’s supply chain story.3/5VeChain announces a new node system that adds to the previous system (while retaining prior node levels). The X series is a limited time node series that must be locked in by March 20th. In order to secure an X node, 6,000 VET tokens must be moved to a traceable wallet (such as My Ether Wallet) before the twentieth. Exchanges do not count as traceable wallets.The limited time nodes can only be claimed during this early adopter period and grant benefits such as early ICO access and a unique VID as an early adopter.3/3Vechain’s partner, BitOcean (who plans to launch an ICO on the VeChain blockchain), is approved as an exchange by Japan’s Financial Services.3/1Continuing in its tradition of being a transparent company in blockchain technologies, VeChain released its second financial executive report.2/26VECHAIN REBRAND EVENT, APOTHEOSIS PART 3Watch it here.Major Announcements: -Officially announced a partnership with BMW Group -Officially announced a partnership with the Mathematical Institute at University of Oxford -Officially announced the first ICO with BitOcean ATM Exchanges -Officially working on a Carbon Bank solution to improve carbon reduction alongside DNV GL, Universities, and Governments -DNV GL’s CEO of Business Assurance to announce a food sourcing solution next week at conference in Tokyo -Introduced three DApps – VeVID, VeVOT, VeSCC -80+ employees over four locations and growing: Shanghai, Singapore, Paris, Tokyo -New website http://ift.tt/2oSxbZD released its second Software AMA.Notable Points: -Multiple dApps in progress -Uses PoA model -Browser/dashboard available for developers -VeThor used to pay for smart contracts2/23VeChain released its first of two Software AMAs.Notable Points: -Public blockchain/mainnet to launch in June -Solidity coding language -Developer kits to be released -Security against 51% attacks -10,000 tps2/22Second Update of the DayVeChain releases a video demonstrating how automobiles will incorporate VeChain technology.First Update of the DayVeChain unveils the second part of its Hardware AMA responses.Notable Points -Machine in demo has already made 20,000 tags for French luxury brand -Production is extremely scalable and can hit high demand -Uses for anti-theft -Pictures of VeChain tags -Clarifies that no blockchain hardware for any company can write “directly” to the blockchain -All chips already in use, ten different types -NFC/RFID hybrid tag specifics2/21CEO Sunny Lu appears on CNBC and discusses government involvement with cryptocurrency.*Notable Quote:” “It’s interesting to see, the government is looking for help from technology. But still, we need more time to see how the project will run and how it can help the current situation on the Venezuela fair-currency and economics. We don’t know for now, but it’s a good start.”2/20Second Update of the DayVeChain released an explanatory video highlighting medical and healthcare solutions.First Update of the DayVechain releases the first part of its five part Hardware AMA responses.Notable Points: -Offline/online temperature sensors -Drone usage -CHAOS decentralized storage solution developed by VeChain -Hardware wallet on roadmap -ID Registration service for IoT delivered at Berlin Trusted IoT Alliance meeting -Data security-Sub-chains and cross-chains2/19VeChain signs a partnership with Yida Group’s IT Management division, Yida Future.Notable Points: -Yida Group is on the Hong Kong Stock Exchange and has over 5,000 employees -Yida Group currently has over 2.36 million square meters (25 million square feet) of AUM (Asset Under Management) such as the globally known Dalian Software Park. -Yida Group also developed, operates and manages the Eco-New City of Dalian, Dalian B.E.S.T. City (Biodiverse Emerging Science Technology). -Phase one of this partnership will include integrating the Gui’an smart city administrative solutions into existing projects. The end result of this partnership being VeChain Thor integration into current technology and the development of blockchain solutions that are customized to all existing clients and assets under Yida Group.2/14VeChain announced the winners of the community video contest. The winning videos are below.First Place: Vechain: An IntroductionSecond Place: Vechain. The Future. Now.Third Place: VeChain Thor: BlockChain for AllFourth Place: VeChain for KidsFifth Place: VeChair Thor: Empowering EveryoneCommunity Favorite: VeChain: Refining the InterconnectednessUpon the announcement of the winners, CEO Sunny Lu revealed that he would be doubling the prize VEN of each winner, totaling additional 4,000 VEN.2/13Second Update of the DayVeChain announced its first technical AMA with questions collected on the r/VeChain, hosted by CTO Gu Jiangliang.First Update of the DayVeChain released a sneak peek video of its technological capacities.A major highlight was a proprietary RFID/NFC chip that writes directly to the blockchain, not through an API.2/12Third Update of the Day:VeChain released a short video explaining how it would be used in Cold-Chain Solutions. The minute-and-a-half video is primer for understanding how VeChain and blockchain technology works in the real world.Second Update of the Day:VeChain released the transcript of COO Kevin Fang’s blockchain lecture to 35,000 Chinese community members over WeChat.*Notable Quotes:”“To tackle this issue, VeChain will provide customers with a custom online wallet service and a hardware wallet with built in properties designed for enterprise uses.”First Update of the Day:VeChain CEO Sunny Lu met with the Deputy Prime Minister of Belgium, Alexander De Croo, to discuss blockchain technology.De Croo tweeted “blockchain believers unite” with a picture fist-bumping Sunny Lu.De Croo later tweeted a news article about the meeting.2/11VeChain announced a partnership with Austalia’s 188 Business Alliance Association.Notable Quotes:“VeChain has signed with 188 BAA to effectively manage the logistic park management solution using VeChain IoT applications. VeChain will be integrating a combination of drones and IoT with VeChain Thor to capture, source, manage, and secure big data solutions for warehousing zones and logistic parks for cross-border business operations. This solution will be flexible enough for businesses to integrate other needs alongside VeChain within VeChain Thor’s ecosystem to collaborate and continue rebuilding cross-border business processes and ecosystems globally. 188 BAA Logistical Centers will circulate meats, dairy, wool, textile, and even mineral ores from mining and precious metals. The fully automated logistic centers in both Australia and China phase 1.0 will be funded by over 200 of the members of the 188 BAA, the design, planning, building of the project kicks off immediately.”Suggested Importance: China to become biggest foreign owner of Australian farmland2/10Responding to community request, VeChain launched a second Telegram group, this one dedicated to a more serious discussion with GIFs disabled.2/7VeChain revealed its first public dApp VeVID, also known as VeChain Digital ID and KYC system, VeChain Verified ID.Notable Quotes:“Having a valid KYC and Digital ID system enables such qualified parties to build stronger projects without overcoming additional, or repeated, hurdles. The understanding of who is who within the ecosystem creates a global ripple and makes the management of your data, incredibly simple and powerful.”“An close to home example of the use case for VeVID would be Fanghuwang, a fast growing financial services/lending platform based in China. Fanghuwang will work closely with VeChain to make sure the lending platform’s KYC process on blockchain for all future and existing clientele shall meet the standards of financial markets regulators and ultimately the standards set forth by both PBoC and CBRC (People’s Bank of China and China Banking Regulatory Commission).“VeVID is being built in tandem with BitOcean, and other key strategic partners, to uphold the standards set globally. This system is designed from the ground up to be Japan FSA compliant and cater to any other known government regulations. BitOcean, and other key strategic partners, provide a great deal of regulatory background to the systems that create this KYC system.”2/5Suspension began.TL;DR Chronological Timeline2/5 Suspension Began2/7 First public dApp, VeVID, revealed2/10 Launch of “serious,” no GIFs Telegram group2/11 Announcement of partnership with 188 Business Alliance in Australia2/12 CEO Sunny Lu met with Belgian Deputy Prime Minister, transcript of COO’s blockchain lecture released, video released about coldchain logistics2/13 Released sneak peek video of hardware and announced hardware AMA2/14 Community video results revealed2/19 Partnership with Yida Group signed2/20 First part of AMA released (hardware #1), short video on medical and healthcare logistics released2/21 CEO Sunny Lu appears on CNBC and discusses government and crypto2/22 Hardware AMA Part 2 is released, short video explaining automobile “passport” system is released2/23 Software AMA Part 1 is released, live stream of rebrand event formally announced2/25 Software AMA Part 2 is released2/26 Rebrand event, apotheosis part 3, BMW partnership announced, Oxford University Partnership announced3/1 Financial executive summary released3/3 VeChain partner and ICO developer BitOcean is approved in Japan as an exchange3/5 VeChain announces its X node series, opening up a limited time node option that must be claimed by March 20th.3/6 VeChain’s partner DNV GL announce the first 3rd party app, My Story, piloted by Italian wine companies

VeChain was suspended from r/Cryptocurrency on Feb. 5 after reports of brigading.

That suspension has now ended. Here are updates for VeChain over the past month, newest first.

TL;DR is at bottom.


3/6

VeChain partner DNVGL reveals the first 3rd party dApp created for the VeChain blockchain, My Story.

The Italian wine industry will be the first to use the app, which will allow consumers to trace the product’s supply chain story.


3/5

VeChain announces a new node system that adds to the previous system (while retaining prior node levels). The X series is a limited time node series that must be locked in by March 20th. In order to secure an X node, 6,000 VET tokens must be moved to a traceable wallet (such as My Ether Wallet) before the twentieth. Exchanges do not count as traceable wallets.

The limited time nodes can only be claimed during this early adopter period and grant benefits such as early ICO access and a unique VID as an early adopter.


3/3

Vechain’s partner, BitOcean (who plans to launch an ICO on the VeChain blockchain), is approved as an exchange by Japan’s Financial Services.


3/1

Continuing in its tradition of being a transparent company in blockchain technologies, VeChain released its second financial executive report.


2/26

VECHAIN REBRAND EVENT, APOTHEOSIS PART 3

Watch it here.

Major Announcements: -Officially announced a partnership with BMW Group -Officially announced a partnership with the Mathematical Institute at University of Oxford -Officially announced the first ICO with BitOcean ATM Exchanges -Officially working on a Carbon Bank solution to improve carbon reduction alongside DNV GL, Universities, and Governments -DNV GL’s CEO of Business Assurance to announce a food sourcing solution next week at conference in Tokyo -Introduced three DApps – VeVID, VeVOT, VeSCC -80+ employees over four locations and growing: Shanghai, Singapore, Paris, Tokyo -New website www.vechain.org


2/25

VeChain released its second Software AMA.

Notable Points: -Multiple dApps in progress -Uses PoA model -Browser/dashboard available for developers -VeThor used to pay for smart contracts


2/23

VeChain released its first of two Software AMAs.

Notable Points: -Public blockchain/mainnet to launch in June -Solidity coding language -Developer kits to be released -Security against 51% attacks -10,000 tps


2/22

Second Update of the Day

VeChain releases a video demonstrating how automobiles will incorporate VeChain technology.

First Update of the Day

VeChain unveils the second part of its Hardware AMA responses.

Notable Points -Machine in demo has already made 20,000 tags for French luxury brand -Production is extremely scalable and can hit high demand -Uses for anti-theft -Pictures of VeChain tags -Clarifies that no blockchain hardware for any company can write “directly” to the blockchain -All chips already in use, ten different types -NFC/RFID hybrid tag specifics


2/21

CEO Sunny Lu appears on CNBC and discusses government involvement with cryptocurrency.

*Notable Quote:” "It's interesting to see, the government is looking for help from technology. But still, we need more time to see how the project will run and how it can help the current situation on the Venezuela fair-currency and economics. We don't know for now, but it's a good start.”


2/20

Second Update of the Day

VeChain released an explanatory video highlighting medical and healthcare solutions.

First Update of the Day

Vechain releases the first part of its five part Hardware AMA responses.

Notable Points: -Offline/online temperature sensors -Drone usage -CHAOS decentralized storage solution developed by VeChain -Hardware wallet on roadmap -ID Registration service for IoT delivered at Berlin Trusted IoT Alliance meeting -Data security
-Sub-chains and cross-chains


2/19

VeChain signs a partnership with Yida Group’s IT Management division, Yida Future.

Notable Points: -Yida Group is on the Hong Kong Stock Exchange and has over 5,000 employees -Yida Group currently has over 2.36 million square meters (25 million square feet) of AUM (Asset Under Management) such as the globally known Dalian Software Park. -Yida Group also developed, operates and manages the Eco-New City of Dalian, Dalian B.E.S.T. City (Biodiverse Emerging Science Technology). -Phase one of this partnership will include integrating the Gui’an smart city administrative solutions into existing projects. The end result of this partnership being VeChain Thor integration into current technology and the development of blockchain solutions that are customized to all existing clients and assets under Yida Group.


2/14

VeChain announced the winners of the community video contest. The winning videos are below.

First Place: Vechain: An Introduction

Second Place: Vechain. The Future. Now.

Third Place: VeChain Thor: BlockChain for All

Fourth Place: VeChain for Kids

Fifth Place: VeChair Thor: Empowering Everyone

Community Favorite: VeChain: Refining the Interconnectedness

Upon the announcement of the winners, CEO Sunny Lu revealed that he would be doubling the prize VEN of each winner, totaling additional 4,000 VEN.


2/13

Second Update of the Day

VeChain announced its first technical AMA with questions collected on the r/VeChain, hosted by CTO Gu Jiangliang.

First Update of the Day

VeChain released a sneak peek video of its technological capacities.

A major highlight was a proprietary RFID/NFC chip that writes directly to the blockchain, not through an API.


2/12

Third Update of the Day:

VeChain released a short video explaining how it would be used in Cold-Chain Solutions. The minute-and-a-half video is primer for understanding how VeChain and blockchain technology works in the real world.

Second Update of the Day:

VeChain released the transcript of COO Kevin Fang’s blockchain lecture to 35,000 Chinese community members over WeChat.

*Notable Quotes:”

“To tackle this issue, VeChain will provide customers with a custom online wallet service and a hardware wallet with built in properties designed for enterprise uses.”

First Update of the Day:

VeChain CEO Sunny Lu met with the Deputy Prime Minister of Belgium, Alexander De Croo, to discuss blockchain technology.

De Croo tweeted “blockchain believers unite” with a picture fist-bumping Sunny Lu.

De Croo later tweeted a news article about the meeting.


2/11

VeChain announced a partnership with Austalia’s 188 Business Alliance Association.

Notable Quotes:

“VeChain has signed with 188 BAA to effectively manage the logistic park management solution using VeChain IoT applications. VeChain will be integrating a combination of drones and IoT with VeChain Thor to capture, source, manage, and secure big data solutions for warehousing zones and logistic parks for cross-border business operations. This solution will be flexible enough for businesses to integrate other needs alongside VeChain within VeChain Thor’s ecosystem to collaborate and continue rebuilding cross-border business processes and ecosystems globally. 188 BAA Logistical Centers will circulate meats, dairy, wool, textile, and even mineral ores from mining and precious metals. The fully automated logistic centers in both Australia and China phase 1.0 will be funded by over 200 of the members of the 188 BAA, the design, planning, building of the project kicks off immediately.”

Suggested Importance: China to become biggest foreign owner of Australian farmland


2/10

Responding to community request, VeChain launched a second Telegram group, this one dedicated to a more serious discussion with GIFs disabled.


2/7

VeChain revealed its first public dApp VeVID, also known as VeChain Digital ID and KYC system, VeChain Verified ID.

Notable Quotes:

“Having a valid KYC and Digital ID system enables such qualified parties to build stronger projects without overcoming additional, or repeated, hurdles. The understanding of who is who within the ecosystem creates a global ripple and makes the management of your data, incredibly simple and powerful.”

“An close to home example of the use case for VeVID would be Fanghuwang, a fast growing financial services/lending platform based in China. Fanghuwang will work closely with VeChain to make sure the lending platform’s KYC process on blockchain for all future and existing clientele shall meet the standards of financial markets regulators and ultimately the standards set forth by both PBoC and CBRC (People’s Bank of China and China Banking Regulatory Commission).

“VeVID is being built in tandem with BitOcean, and other key strategic partners, to uphold the standards set globally. This system is designed from the ground up to be Japan FSA compliant and cater to any other known government regulations. BitOcean, and other key strategic partners, provide a great deal of regulatory background to the systems that create this KYC system.”


2/5

Suspension began.


TL;DR Chronological Timeline

2/5 Suspension Began

2/7 First public dApp, VeVID, revealed

2/10 Launch of “serious,” no GIFs Telegram group

2/11 Announcement of partnership with 188 Business Alliance in Australia

2/12 CEO Sunny Lu met with Belgian Deputy Prime Minister, transcript of COO’s blockchain lecture released, video released about coldchain logistics

2/13 Released sneak peek video of hardware and announced hardware AMA

2/14 Community video results revealed

2/19 Partnership with Yida Group signed

2/20 First part of AMA released (hardware #1), short video on medical and healthcare logistics released

2/21 CEO Sunny Lu appears on CNBC and discusses government and crypto

2/22 Hardware AMA Part 2 is released, short video explaining automobile “passport” system is released

2/23 Software AMA Part 1 is released, live stream of rebrand event formally announced

2/25 Software AMA Part 2 is released

2/26 Rebrand event, apotheosis part 3, BMW partnership announced, Oxford University Partnership announced

3/1 Financial executive summary released

3/3 VeChain partner and ICO developer BitOcean is approved in Japan as an exchange

3/5 VeChain announces its X node series, opening up a limited time node option that must be claimed by March 20th.

3/6 VeChain’s partner DNV GL announce the first 3rd party app, My Story, piloted by Italian wine companies