VeChain

Does your chain hang low, does it wobble to and fro? Not the kind you put around your neck and match to your grillz...the blockchain kind.

VeChain is a blockchain platform for supply chain managers. With the wild, wild west of the blockchain world, companies like VeChain are making a buck by reining in the wildness, giving companies more peace of mind about security, as well as the quality and authenticity of the products being bought and sold on the platform.

VeChain uses tamper-proof distributed ledger technology—creating its own internal ledger system that promises the transactions and goods are legit.

If you’re thinking "But I thought blockchain was tamper-proof..." that’s unfortunately not the case. See: Selfish Mining, which can be a red herring for others mining for cryptocurrencies. Eclipse attacks are also possible, where one node that's fooled into accepting false data can spread this falsehood to other parts of the network, resulting in inconsistent ledgers and confusion. These are creative ways to cheat the blockchain system.

VeChain is a business-friendly, closed-system blockchain platform that stores all kinds of info about the products being bought and sold on it. Storage, transport, supply amount, and more product-specific attributes (like temperature) are all included on blocks for transparency.