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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 Symbiont Assembly?

Symbiont Assemblyâ„¢ is a blockchain framework specifically designed for developing and managing decentralized applications, termed "smart contracts," which prioritize top-tier security, integrity, and availability, especially in essential financial services. By leveraging state machine replication, Assemblyâ„¢ guarantees strong consistency and data accessibility while preserving decentralization and confidentiality across the network. On this platform, smart contracts are developed using SymPLâ„¢, a unique programming language that skillfully encapsulates complex business logic within a decentralized digital ledger for financial transactions. The architecture is designed to ensure that nodes preserve uniform views of shared application states, even amidst advanced privacy measures, thus removing the reliance on centralized entities for data verification. Additionally, with the use of end-to-end encryption, Assembly protects your sensitive smart contract information, ensuring that only you and your trading partners have access to the specifics of your transactions. This novel approach not only enhances the security of financial activities but also builds a foundation of trust and transparency within the broader ecosystem, allowing users to confidently participate in diverse financial operations. As a result, the platform cultivates an environment where innovation and security go hand-in-hand, fostering greater participation in the decentralized finance landscape.

Media

Media

Integrations Supported

AWS Marketplace
Guarda Wallet
Hacken
Koinly
Ledger Nano X
NOWNodes
Tradesilvania
Trocador
ZenLedger

Integrations Supported

AWS Marketplace
Guarda Wallet
Hacken
Koinly
Ledger Nano X
NOWNodes
Tradesilvania
Trocador
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

Symbiont

Date Founded

2013

Company Location

United States

Company Website

www.symbiont.io/technology

Categories and Features

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