SummaryThis prediction is currently active. The prediction currently has a performance of 11.06%. This prediction currently runs until 12.02.24. The prediction end date can be changed by Judge at any time. Judge has 50% into this prediction
VeChain is a blockchain-based cryptocurrency whose core focus is on the management of the supply chain. Its primary objective is to track and authenticate the goods and services at different levels of the supply chains, making it easy for consumers to identify counterfeit products. The platform aims to revolutionize the way supply chains work by digitizing them on the blockchain network.
One of its main applications is within the luxury goods industry, where it is used to authenticate high-end fashion items, jewelry, and watches, enabling customers to verify the authenticity of their purchases. Another area it is used is in the food industry where it is deployed to monitor food supply chains particularly in the handling and storage of perishable goods.
VeChain also has a range of medical applications, including the storage of medical records, the authentication of drugs, and the prevention of counterfeit pharmaceuticals.
The VeChain platform allows companies to easily integrate their logistics systems with the blockchain network helping to track goods and improve their supply chain management systems. With its decentralized and secure nature, VeChain provides a secure and trustworthy environment for companies to operate in while ensuring that the goods produced, traded, or consumed are of the highest quality.
Performance without dividends (%)
|iShares Core DAX®||2.513%||9.893%|
|iShares Nasdaq 100||1.294%||3.807%|
|iShares Nikkei 225®||0.722%||3.204%|
|iShares S&P 500||1.253%||3.880%|