The Future Of VeChain Is Bright (If ToolChain & MyStory Succeed)

The number of companies working with VeChain (VET) and utilizing the cryptocurrency’s blockchain is getting higher. This week, we can conclude that besides Walmart China and the Cyprus hospital which both integrated the VET blockchain, there is another partner – COS, which is a subsidiary of H&M, and a brand that focuses on sustainable apparel. The future of VeChain is bright if projects like the VeChain ToolChain prosper – and the VET cryptocurrency can propel to new highs in the near future.

And while all of this might seem like steps in the right direction for the coin – especially after a few months of PR hangover due to COVID-19 – the future of VeChain is bright if the blockchain solutions succeed.

H&M is a major brand and one that is certainly setting the bar higher with the new partnership in the VeChain VET news. Over the past year, it is no secret that the VeChain community has become very results-oriented and is more and more demanding of visible on-chain transactions as the only metric they are interested in.

For VeChain to succeed in the future, the most important factor won’t be immediate transactional volume but actual revenue earned from real-world customers. More revenue will lead to greater investment opportunities (for and from VeChain) as well as more developers, more marketing, more R&D, more offices and a bright future overall.

Make no mistake – this community behind the coin is somewhat cynical. However, we can also see that they are pushing hard and making VeChain successful with every single partnership. The era of coming up with an idea and creating a token for it is here – and the future of VeChain is bright because of this.

So, the ToolChain and MyStory solutions are viral in the blockchain news – and the only thing where VeChain shines. As a mix of IoT and blockchain, they reduce the need of additional software development and have been helping Walmart China track its products, as well as numerous other companies worldwide.

The VeChain VEN news show that adoption is growing and it is what keeps the steam around the project. In the coming months, it is expected for these partnerships to increase and VET to surge in its price, coming closer to the 20 and 10 largest cryptocurrencies by market cap.