VeChain is an enterprise-focused blockchain platform that aims to simplify business and supply chain processes.

Vechain blockchain network uses cryptocurrency and smart contracts to streamline the information flow for complex supply chains. Vechain makes use of two distinct tokens: VeChain Token (VET) and VeChainThor Energy (VTHO), to properly transfer value and execute smart contracts. VeChain is best suited for conducting transactions on IoT devices.