VeChain to Host Live Stream on X With RekordAG on November 28

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VeChain to Host Live Stream on X With RekordAG on November 28

VeChain will host an X Spaces session with its new partner RekordAG on November 28 at 18:00 UTC. The discussion will focus on Digital Product Passport technology and its role in the EU’s digital transformation. The session highlights how tokenization and RWA are being applied in real economic use cases.VET InfoVeChain (VET) is a blockchain platform specifically designed to enhance transparency in supply chains. VeChain's technology is built upon two tokens: VET and VTHO. The VET token primarily serves as a means of payment or money transfer among VeChain users. On the other hand, the VTHO token is utilized to pay for transaction fees and interact with smart contracts on the VeChain blockchain.It is important to note that VeChain has established collaborations with numerous prominent companies and organizations. For instance, the project has partnered with international consulting firm PwC, automobile manufacturer BMW, and others. This is attributed to VeChain's blockchain approach, which is highly suitable for industrial applications, particularly in the realm of supply chain management.