VeChain | VET Blockchain Overview
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What are VET and VTHO, how do they work? VeChain is an Ethereum compatible smart contract blockchain focused on enterprise adoption. They build smart chips that can easily interact with IoT devices to automatically put data on their blockchain, allowing improved supply chain management and business logistic. VechainThor is uses a Proof of Authority consensus model with masternodes that are hand picked by the VeChain team.