The VeChain team announced the launch of its Marketplace-as-a-Service (MaaS) Platform via a blog post on Wednesday. MaaS is a no-code digital asset tokenization platform and was launched in collaboration with the MotoGP championship team, Gresini Racing.
The platform presents enterprise and individual builders with a low/no-code NFT platform for creating, selling and transferring digital assets with ease. Use cases for MaaS are wide-ranging, and meet a growing demand for platforms that can facilitate tokenization of assets, the team added.
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 down by 2% so far today and is currently trading at $0.04346.