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VeChain Introduces Blockchain Biosphere

Twitter icon  •  Published il y a 2 mois  •  Hassan Maishera

The VeChain team announced via X on Thursday that it has introduced Blockchain Biosphere, a circular economy that empowers people, connects value chains, and generates new value.

The VeChain team announced via X on Thursday that it has introduced Blockchain Biosphere, a circular economy that empowers people, connects value chains, and generates new value.

Blockchain Biosphere is an interconnected network of ecosystems that targets diverse environmental challenges, elevating VeChain’s role in revolutionizing industries. VeChain added that the model incentivizes collective action by turning user data into valuable assets

VeChain Thor (VET) is a blockchain with the posited goal of solving real-world economic problems. VeChain leverages the Proof of Authority (PoA) consensus mechanism. PoA is a Byzantine Fault Tolerant probabilistic consensus mechanism based on HotStuff, which relies on Authority Masternodes (AM) associated with verified identities. VET is up by 5% so far today and is currently trading at $0.04516.

Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.