Tuesday, 11 June 2019

Safely Store your Vechain (VET) with Ledger Nano S and VeForge Vault

Vechain is a blockchain platform that was designed to massively improve the efficiency of supply chains through the use of distributed ledger technology (DLT).

By offering a completely transparent platform through which suppliers and business partners can perform end-to-end tracking of their supply chains, Vechain will enable its partners to massively improve yields, identify inefficiencies and curb counterfeiting.

While this technology might not sound particularly interesting, Vechain has a large number of potential applications and could be set to disrupt the $20+ billion global supply chain management industry.

Since its launch in mid-2018, Vechain has been met with extraordinary enthusiasm, immediately entering the market with a market capitalization of close to $1 billion. Since then, Vechain has continued to grow and develop as a product and has been on a gradual uptrend for the last six months as institutional investments and partnerships rack up.

If you are a Vechain investor, you are likely holding for the long-term, expecting your Vechain (VET) to continue to grow in value. Arguably the best way to keep your investment safe is by storing your portfolio on a hardware wallet such as the Ledger Nano S

To help make accessing your VET easier, this tutorial will show how to connect your Ledger Nano S with the popular Vechain wallet VeForge Vault, allowing you to make transactions from the security of your Ledger device. Click here to know more about #distributed ledger technology.

No comments:

Post a Comment