Keninah and VeChain affect real life situations like Bitcoin

Although Bitcoin has not been able to match existing solutions in the cryptocurrency market, it remains the largest cryptocurrency based on several factors. Being the first cryptocurrency to launch puts Bitcoin in a position where it is the entry point for beginners learning about cryptocurrency. Bitcoin is so easily explained as a decentralized system of peer-to-peer transactions.

Moreover, it has been a very useful cryptocurrency for donations and humanitarian causes worldwide. We’ve seen bitcoin donations become very important for victims of the Ukraine invasion, for countries like Venezuela battling inflation and several others. This article looks at other cryptocurrencies like VeChain(VET) and Keninah(KEN) with real meaning.

VeChain (VET)

VeChain(VET) is a blockchain platform to improve supply chain management and business processes. The goal is to use distributed ledger technology to streamline these processes and information flow for complex supply chains (DLT).

VeChain Token (VET) and VeChainThor Energy (VCE) are two distinct tokens on the Vechain platform (VTHO). The former is used to transfer value across VeChain’s network, while the latter is used to drive smart contract transactions such as energy or “gas”.

VeChain’s primary goal is to “create a trustless and distributed business ecosystem platform to enable transparent information flow, efficient collaboration and high-speed value transfers.” Supply chain data for business processes is currently categorized in silos among multiple stakeholders. This affects the flow of information, which is in turn shared between stakeholders.

VeChain’s whitepaper says how blockchain technology can solve “this asymmetric information problem and allow ownership of data to return to and empower the owner.” The VeChain network provides authorized stakeholders with a 360-degree view of necessary information related to a product and its business processes (such as storage, transportation and supply) and to increase market transparency.

Keninah (KEN)

Keninah (KEN) is a new cryptocurrency project created for humanitarian purposes worldwide. The new cryptocurrency provides a solution that eliminates the problems of donations. Being on the blockchain makes all transactions transparent and traceable while also strengthening donors’ trust in what the money is used for.

Keninah seeks to build a permissioned blockchain system that these nonprofits can maintain, resulting in a feeless system for those in the Keninah ecosystem. On the other hand, Keninah will continue to use a public blockchain that is not under centralized control, providing complete decentralization and governance. Although this is a BEP20 token, many transactions will be handled by an off-chain permission ledger; the transactions are hashed and sent back to the Binance Smart Chain network, where they are then written onto the chain along with the hash of the ledger source that formed the block.

Keninah (KEN) acts as the utility token for the ecosystem, and every value passing through the system becomes the KEN token. With the growing use of cryptocurrencies for humanitarian donations worldwide, a project like Keninah has a place in the scheme of things.

You can get in early on this for profit by buying on pre-sales. There are several pre-sale bonuses available, including up to 14% when buying with top altcoins and up to 55% when buying with $2500 fiat currency. You get a 40% bonus when you buy within 30 minutes of registering on the website, 40% and 80% on the second and third purchases respectively. The referral program also allows you to earn $30 for every $100 your referral spends.

More information about Keninah Concord (KEN):

Advance sales: http://join.keninah.io/
Website: http://keninah.io/
Telegram:

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