VeChain is a blockchain platform designed to improve supply chain management and business processes by providing transparent, secure, and efficient solutions. Launched in 2015 by Sunny Lu, a former CIO of Louis Vuitton China, VeChain integrates blockchain technology with IoT (Internet of Things) devices to enable real-time tracking and verification of products and data. It operates on the VeChainThor blockchain, which uses a unique dual-token system: VeChain Token (VET) for value transfers and VeThor Token (VTHO) for transaction fees, ensuringscalability and cost efficiency. VeChain has established partnerships with global brands like BMW, Walmart China, and PwC, showcasing its practical applications across industries such as logistics, healthcare, and sustainability. Additionally, the platform supports ESG initiatives, including carbon emission tracking and sustainable practices. With its focus on innovation and real-world utility, VeChain is a leading blockchain project transforming industries and advancing global digital transformation.