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What is VeChain?

The value of public blockchains is driven by the active participation of their community members, who address real-world economic issues. By introducing BlockRef and Expiration transaction fields, users are empowered to set specific execution times for transactions, as well as determine their expiration if not confirmed in a block. Moreover, the platform accommodates various transaction fee delegation models, such as Multi-party Payment and Designated Gas Payer, which support a freemium model for decentralized applications, simplifying the onboarding process for users. Developers have the opportunity to utilize multi-function atomic transactions, allowing them to consolidate multiple payments and contract function calls into a single transaction while managing the sequence of their execution. Through the establishment of dependencies, the system guarantees that transactions with defined prerequisites are executed only after the necessary conditions are fulfilled, thereby improving efficiency and reliability in business processes. This advanced technology not only enhances operational flow but also encourages innovation, enabling developers to design more intricate and interconnected functionalities, ultimately leading to a richer ecosystem. As a result, the collaborative efforts within the community contribute to the blockchain's evolution and its ability to address emerging challenges.

What is IBM Blockchain?

Enable dependable data sharing and collaborative processes across various boundaries by utilizing distributed ledger technology in conjunction with IBM Blockchain. One of the key hurdles is reaching an agreement among both conventional associates and established competitors on the essential bold steps required for blockchain innovation. Hence, it is crucial that technology does not become an impediment to progress. This is why industry leaders turn to the IBM Blockchain Platform, the leading Hyperledger Fabric framework, to create, manage, govern, and scale blockchain solutions across diverse computing environments using Red Hat® OpenShift®. To ensure that blockchain is effectively woven into your digital transformation strategy, consider IBM Blockchain Services for guidance in exploring, designing, implementing, and refining your blockchain initiatives. Furthermore, participating in the IBM Blockchain Ecosystem can lead you to new business opportunities alongside fellow innovators through the IBM Blockchain Partner Program. By crafting groundbreaking service models, you can enhance security and scalability, resulting in swifter and more economical settlements, which will ultimately elevate your organization in the realm of blockchain developments. This collaborative approach can foster greater innovation and shared success in the evolving digital landscape.

Media

Media

Integrations Supported

AWS Marketplace
Guarda Wallet
Hacken
IBM Cloud
IBM Watson
Koinly
Ledger Nano X
NOWNodes
RadiantOne
Red Hat OpenShift
Tradesilvania
Trocador
True Tickets
ZenLedger

Integrations Supported

AWS Marketplace
Guarda Wallet
Hacken
IBM Cloud
IBM Watson
Koinly
Ledger Nano X
NOWNodes
RadiantOne
Red Hat OpenShift
Tradesilvania
Trocador
True Tickets
ZenLedger

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

VeChain

Date Founded

2015

Company Location

China

Company Website

www.vechain.org

Company Facts

Organization Name

IBM

Date Founded

1911

Company Location

United States

Company Website

www.ibm.com/blockchain

Categories and Features

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