VeChain to Hold Rebranding Event in Singapore

The re-branding is rumored to include, but not limited to, changing the name of the VeChain tokens to VeChain Thor tokens operating on the Thor blockchain
16 February 2018   2322

VeChain Foundation has announced the VeChain rebranding event that will occur on February 26th in Singapore.

The re-branding is rumored to include, but not limited to, changing the name of the VeChain tokens to VeChain Thor tokens operating on the Thor blockchain. The coins will have the symbol VET and will involve a conversion of the current VEN tokens to VET in a ratio of 1:1.

This is more than a change in logo or name. What VeChain Thor is becoming is more extensive than what many foresaw when we announced a rebrand. Blockchain X is here, and thanks to PwC and DNV GL, its name is VeChain Thor. 


VeChain Statement

In the middle of January DNV GL and VeChain have agreed on a partnership to use blockchain to improve the transparency of product and supplier information, significantly increasing the efficiency of supply chains. 

DNV GL is a global provider of assurance services and one of the world’s leading certification bodies, assisting companies in a range of industries to improve their business performance. DNV GL will progressively adopt blockchain to help companies boost the transparency and traceability of their products from the factory to the consumer. 

Our editorial board is working to provide best experience to our readers, and let them get the important details even before the event occurs. 

We managed to talk to the Chief Marketing Officer of VeChain project and receive some comments regarding the upcoming event!

VeChain is rebranding to VeChain Thor, a public blockchain platform that mainly focuses on massive enterprise adoptions and dApp/ICO capabilities. VeChain Thor utilizes a robust economic model and comprehensive governance structure that distributes power across the eco-system keeping the power in the hands of the users alongside the enterprises. The use of THOR, as a generating return on VET, enables the use of massive enterprise adoption as it doesn’t widely fluctuate in value or versatility.

Noah Huo

CMO, VeChain

Stay tuned and watch the livestream which will be available for the whole event!

Qvolta is launching its platform

Qvolta announced its platform release date of April 2 that will feature a full-fledged version of a web platform
24 March 2018   40

Qvolta platform has set its release date to April 2. The release is in accordance with the roadmap of the platform and will include a fully functional version of the web platform. The developers team is currently performing various tests and making final amendments to ensure the proper functionality. This desktop client is in alpha stage. A mobile app for secure authorizations is out and it is the native solution for security without intermediaries.

Qvolta is a P2P exchange platform solution that focuses on the capability of trading Bitcoin and Ethereum for fiat currencies and vice versa. And such functionality is provided through local payment methods. Since centralized exchanges become the target of serious scrutiny of regulators, cryptocurrency platforms that allow trading P2P or in fully decentralized fashion are getting more necessary.

As of the moment of the publication, the market parameters of Qvolta are as follows:

Average price: $0.390836

Market cap: $2,712,466

Volume (24h): $6,171