VeChain Partners with Consulting Service Provider

eGrid Consulting will use VeChainThor to leverage the nature of the blockchain within their business model
10 April 2018   1168

On April 10, 2018, VeChain has announced its partnership with Shanghai eGrid Consulting Co., an enterprise resource planning (ERP) consulting service provider. The company is principally engaged in the provision of ERP implementation consulting services, and ERP operation and maintenance services. The partnership is aimed at using VeChainThor to leverage the nature of the blockchain within their business model.

By combining the digital car maintenance solution with our green driving and carbon banking solutions, VeChain is able to produce a lifecycle solution for data that is valuable to multiple ecosystems, regulators, and decision makers. It is for that reason VeChain was able to secure a partnership with Shanghai eGrid Consulting Co., LTD one of the most influential consulting services for software and data solutions utilized by auto brands.

VeChain Announcement

Withing this partnership eGrid should leverage the nature of "immutable, secured data storage and distribution of blockchain technology", and integrate VeChain’s existing automobile solution into their current ERP, SCM, and CRM solution for existing and future clients. Moreover, eGrid will provide optimized results and data services for their clients with the help of VeChainThor.

KuCoin Reduces Minimum Withdrawal Amount

KuCoin announced that the minimum withdrawal amount for VEN token has been reduced at the users request
12 April 2018   117

On April 12 KuCoin cryptocurrency exchange announced that the minimum withdrawal amount for a very popular VeChain token has been reduced from 50 down to 10. That was done because of multiple requests of users who were asking for the minimum amount to be reduced in order to make the trading on the platform more convenient.

VeChain withdrawals from KuCoinVeChain withdrawals from KuCoin

Judging by the users' reaction to the announcement on Twitter, the news was not really welcomed warmly by the community, as a lot of people were excpecting also the withdrawal fee to be reduced. Previously, we have reported that KuCoin exchange temporarily disabled Bitcoin Private withdrawals due to some technical issues with BTCP wallets.

At the moment of press, these are main market parameters of VeChain:

  • Average Price: $3,16
  • Market Cap: $1 659 025 218
  • 24h Vol: $84 745 600