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Vechain Releases VET 3.0 Whitepaper in Collaboration With BCG - TheNewsCrypto

source-logo  thenewscrypto.com 07 March 2023 08:16, UTC
  • Along with the Boston Consulting Group (BCG), the platform announced the whitepapers.
  • The paper explains how it will contribute to the blockchain’s primary goal.

As a follow-up to the successful VET 1.0 and VET 2.0 protocols, VeChain has issued the necessary whitepapers for the impending VET 3.0. The paper was sent to the HiVe and detailed the steps to be taken in the next protocol. In other words, it was created to help the blockchain expand its worldwide influence.

Along with the Boston Consulting Group (BCG), the platform announced the whitepapers in a Tweet published yesterday. The latter was also mentioned as a worldwide pattern whose huge reach and knowledge would help the blockchain in its efforts to embrace sustainable practices.

Contributing to Achieve Primary Goal

VeChain is one of the few blockchain platforms actively working towards the objective of blockchain sustainability. The blockchain has collaborated with some of the world’s largest corporations, including Walmart. Particularly, making significant, beneficial changes via the use of this technology.

Now, that mission continues with the release of VeChain’s VET 3.0 protocol whitepaper. The publication also provides an overview of the next steps for the wildly successful VET 1.0 and VET 2.0 protocols. In addition, the 72-page paper explains how it will contribute to the blockchain’s primary goal in the years to come.

In a field that has been unfairly criticized for its lack of regulation, VeChain has made its commitment to sustainability quite obvious. The next several years should see plenty of opportunity for the protocol to fulfil this purpose because of VET 3.0’s promises and its established alliances. The white paper said explicitly that it would want to form strategic alliances over the next several years.

thenewscrypto.com