VeChain is a global enterprise level public blockchain platform. VeChain aims to connect blockchain technology to the real world by providing a comprehensive governance structure, a robust economic model as well as advanced IoT integration and real world applications.

They have a dual coin, tiered masternode and proof of stake system where staking VET will give you THOR after their mainnet release.


Recently VeChain announced they are co-developing logistics blockchain solutions with DB Schenker. DB Schenker is the transport and logistics division of Deutsche Bahn. With a dense network of over 68,000 logistics experts in 2,000 locations, DB Schenker offers comprehensive supply chain management solutions. The company has 95,000 employees and a revenue of $19.7 billion.

Together with their partnership with Kuehne & Nagel, they have managed to get 2 of the 4 largest logistics companies by their side: [Source].

Third-Party Logistics Provider (3PL) Partnered with VeChain Gross Revenue (US$ Millions)
DHL Supply Chain & Global Forwarding 26,105
Kuehne + Nagel Yes 20,294
Nippon Express 16,976
DB Schenker Yes 16,746

Together with their other partnerships with DNV GL (Global quality assurance and risk management company), PWC (Global audit and advisory company), as well as multiple other private and government companies, they have positioned themselves as a very promising blockchain company, with their mainnet launch just weeks away (end of June).