VeChain (VET) is a blockchain platform designed to improve supply chain management and business processes. It enables transparency, efficiency and cost reduction through the use of smart contracts and the Internet of Things (IoT). VeChain allows companies to track and authenticate products at all stages of their life cycle, from production to the end consumer. The platform uses two tokens: VeChain Token (VET), which serves to transfer value on the network, and VeThor Token (VTHO), which is used to perform transactions and operations on the blockchain.