• VeChain’s IoT sensors and RFID technology has positioned the blockchain as a major player in the billion-dollar market.
• Vechain’s unique technology enables it to partner with over 30 leading firms across the globe.
• The blockchain’s built-in technology tackles a pain point for businesses, allowing for scalability and credibility.
VeChain’s Position in Billion Dollar Market
VeChain’s IOT sensors and RFID technology have positioned the blockchain as a major player in the billion-dollar market. The blockchain is proving itself to be a one-of-a-kind network for businesses across the globe, partnered with over 30 leading firms worldwide. This unique selling point allows VeChain to tackle a pain point for many businesses, allowing for ease in scalability and credibility.
IoT Technology Connecting Physical World With Blockchain
IoT (Internet of Things) has been a trending topic in the technology industry due to its promising use cases which enable connectivity of devices, impacting how modern devices function. It’s estimated that 14 billion devices are currently connected globally, with that number predicted to rise to 26 billion by 2030. VeChain is tapping into this potential by optimizing blockchain and IoT technologies as part of its mission statement – establishing corresponding relations between real physical world and world of blockchain, reducing factors of human intervention/manipulation & ensuring authenticity of all data involved.
RFID Sensors & Tags Track Important Data In Real Time
VeChain adopted RFID sensors & tags which allow tracking important data such as temperature, location, quality & shipment movement on its network; helping companies cut down on losses from missing shipments along the way. In 2017, VeChain designed RFID tags & waterproof tags mainly for clothing products – helping enhance logistics & sales; along with benefitting VeChain’s larger scale operations too!
Super Frequency Technology Enhances Logistics And Sales
The RFID tags come equipped with super frequency technology which is either printed on inside of clothing labels or woven into fabrics themselves – making them both durable & reliable whilst also being able to provide information about garment washing instructions etc.; making it easier than ever before for retailers & manufacturers alike!
Conclusion: VeChain Conquering Billion Dollar Industry
In conclusion, it’s clear that VeChain’s IOT sensors & RFID tech are revolutionizing supply chain industry by providing reliable tracking solutions that benefit both businesses as well as consumers; setting them up to be big players in this multi-billion dollar industry!