{"id":110487,"date":"2020-11-12T00:18:33","date_gmt":"2020-11-11T21:18:33","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/vechain-charts-23-weekly-growth-as-chinese-officials-talk-usage-post-epidemic\/"},"modified":"2020-11-12T00:18:33","modified_gmt":"2020-11-11T21:18:33","slug":"vechain-charts-23-weekly-growth-as-chinese-officials-talk-usage-post-epidemic","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/vechain-charts-23-weekly-growth-as-chinese-officials-talk-usage-post-epidemic\/","title":{"rendered":"# VeChain charts 23% weekly growth as Chinese officials talk usage post-epidemic"},"content":{"rendered":"<p>&#8220;<strong># VeChain charts 23% weekly growth as Chinese officials talk usage post-epidemic <\/strong>&#8221;<\/p>\n<div data-v-5a136f3a=\"\">The price of VeChain (VET) extended its rally on Wednesday, building off a solid week of gains following discussions with Chinese government officials centered on a post-epidemic health response.\u00a0<\/p>\n<p>VeChain rose 2% on Wednesday to reach $0.011669, according to CoinMarketCap. Over the past seven days, the supply-chain management cryptocurrency is up over 23%. Only two other top-30 coins &#8212; NEM (XEM) and Chainlink (LINK) &#8212; have outperformed VET over the past seven days. <\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2020-11\/e0db2e44-eb8e-4eee-8feb-ee26c914656c.jpeg\"\/><figcaption style=\"text-align: center;\"><em>Source: <a rel=\"nofollow noopener noreferrer\" target=\"_blank\" href=\"https:\/\/coinmarketcap.com\/currencies\/vechain\/\">CoinMarketCap<\/a><\/em><\/figcaption><\/figure>\n<p>At current values, VeChain has a market capitalization of $751 million. <\/p>\n<p>The cryptocurrency\u2019s uptrend <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>ears to have coincided with a meeting of high-ranking officials from China\u2019s Hubei Province, VeChain and DNV GL Global, a global risk management firm, early last week. <\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"\/><\/p>\n<p>As reported by <a rel=\"nofollow noopener noreferrer\" target=\"_blank\" href=\"https:\/\/www.chainnews.com\/articles\/177384223554.htm\">China-based Chainnews<\/a>, the meeting centered on the use of digital tools to revamp the public health system in the wake of COVID-19. Supply-chain logistics, especially those that enable import traceability and certification, will be a critical component of the post-crisis response. <\/p>\n<p>DNV GL proposed a four-pronged approach to public health management in the wake of the epidemic, including an \u201cinternationally leading blockchain-based self-risk management\u201d platform. <\/p>\n<p>In an accompanying report, DNV GL senior vice president Kang Wenyu said the \u201cprevention and control of epidemics\u201d requires a coordinated approach to health management. He said:<\/p>\n<blockquote><p>\u201cStandardized and digital management tools can efficiently establish a complete public health system.\u201d<\/p><\/blockquote>\n<p>Wenyu touted VeChain as a strong candidate for improving existing models: <\/p>\n<blockquote><p>&#8220;The new environment requires an innovative management model. VeChain&#8217;s blockchain <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a> can ensure the transparency, security, and credibility of all critical information, increase the cost of data fraud to infinitely high, and minimize the cost of supervision.\u201d<\/p><\/blockquote>\n<p>Launched in 2015 by Sunny Lu, VeChain is widely regarded as the leading enterprise supply chain management platform leveraging blockchain technology. The platform is backed by the Chinese government and has even been promoted by state <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">media<\/a>.<\/p>\n<p>Possibly as a natural extension of its close ties with Beijing, VeChain <a rel=\"nofollow noopener noreferrer\" target=\"_blank\" href=\"https:\/\/www.securities.io\/investing-in-vechain-vet-everything-you-need-to-know\/#:~:text=VeChain%20differs%20from%20other%20projects,CeFi%20(centralized%20finance)%20sectors.\">is not a fully decentralized platform<\/a>. This is by design, as its developers sought to integrate features from both decentralized and centralized finance. <\/p>\n<\/div>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener noreferrer\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/vechain-charts-23-weekly-growth-as-chinese-officials-talk-usage-post-epidemic\" target=\"_blank\" rel=\"noopener noreferrer\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# VeChain charts 23% weekly growth as Chinese officials talk usage post-epidemic &#8221; The price of VeChain (VET) extended its rally on Wednesday, building off a solid week of gains following discussions with Chinese government officials centered on a post-epidemic health response.\u00a0 VeChain rose 2% on Wednesday to reach $0.011669, according to CoinMarketCap. Over the&#8230;<\/p>\n","protected":false},"author":1,"featured_media":110488,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/s3.cointelegraph.com\/uploads\/2020-11\/5f40001e-aa04-4d44-80ad-1d524a5d7d1e.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[75568,79699,4973,1545,70934],"class_list":["post-110487","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-supply-chain","tag-vechain","tag-china","tag-coronavirus","tag-regulation"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/110487","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=110487"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/110487\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/110488"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=110487"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=110487"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=110487"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}