VeChain (VET) Releases Whitepaper Anyar For Sustainable And Environmentally Friendly Ecosystem Vision

VeChain launched a new program to improve its blockchain capabilities. (Photo; Doc. Bitcoin Insider)

JAKARTA VeChain, the leading blockchain technology company, has reportedly released the latest whitepaper titled "Web3 for Better", which describes the company's vision of building sustainable network supplies and promoting ecological initiatives.

This Whitepaper 3.0 describes the concept of "physical" which is a combination of physical and digital words, which will create new values and new ways to collaborate. In this vision, VeChain wants to achieve a balance between economic growth, concern for the environment, and social welfare.

To achieve this vision, VeChain has compiled a roadmap that will prepare the network in facing global sustainability challenges and realizing its physical vision. Phygital stands for physical and digital (physical and digital).

The roadmap consists of three sub-sections, namely sustainable infrastructure, technology features, and sustainable ecosystem applications. The existing sets of developer tools include Web3 adapters, standard openZeppelin smart contract libraries, Web3-as-services, dApp interfaces, mobile wallets and SDKs, and testnets, which will help developers to build sustainable supply chains.

The role of third-party developers and strategic partners is very important to achieve this vision. VeChain has added that it will also continue to provide incentives to developers through hackathons, bug bounces, grants, and accelerator programs.

This roadmap runs from 2023 to Q1 2024 and offers a variety of new products and features, including DEX/DeFi, wallet browser extensions, Ethereum token bridges, and the NFT market.

Although sustainability is usually associated with ecological issues, VeChain says that sustainability is a much broader concept and includes balancing economic growth, concern for the environment, and social welfare.

VeChain wants to take advantage of blockchain technology to achieve these goals and bring about a new era of the global community that is responsible and operational in a sustainable manner.

Through the "Web3 for Better" whitepaper and a new roadmap, VeChain demonstrates their commitment to creating sustainable supply chains and promoting ecological initiatives. By utilizing blockchain technology and realizing roadmaps, it is hoped that the VeChain blockchain can bring a new era of the global community responsible and operating in a sustainable manner.