VeChain (VET) Foundation has decided to compensate VeChain Holders with VeThor (VTHO), this, according to an announcement is to cover up for the period when the token swap service was not available.
The compensation, according to the announcement, makes use of the balance and node status as of August 31st.
Launch of VeChain Thor Mainnet
In June 2018, VeChain Thor blockchain was officially unveiled, and had its first block mining around June 30th. Mid July, VeChain began its token swap from VEN to VET. Early September, VeChain Thor mainnet v1.0.2 was released. In this latest update were performance improvements and bug fixes.
Largest Chinese Car Brand Partners DNV GL and VeChain
This month, VeChain and DNV GL partnered BYD and co-developed their first carbon banking solution, which is to be live on the VeChainThor public blockchain platform.
In the announcement, it was declared that BYD has completed a carbon banking solution for the car models. The idea survives on the s VeChain’s automobile lifecycle management solution.