Category: Recently Added Whitepapers

A message from the founder, Michael Weber:

In 2011 I began this venture. I took on the purpose of providing a path to prosperity for all mankind. I studied philosophy, mathematics and learned about trending. In 2014 I developed a company with my business partner Derek Burt to begin what is now the biggest undertaking I have ever faced. It is here that I developed relationships with people all over the world. From Germany, to Australia. From Canada to the Philippines. From Russia to The United States. I have helped 1,000’s of people around the world, overcome financial difficulties.

It has always been my joy to be an important part of helping those in need, by providing the opportunity for them to succeed. This is a foundation. In all my actions, the purpose to help others by giving them a path that they themselves make the choice to follow, has always been my intention.

I knew there was a way to create equilibrium, though it is never 100%, it has been my goal to achieve the highest level of equality in the opportunities I have made for others. Until now this was very difficult, technology was not as advanced in this way for some time. Now that we are in the era of blockchain technology, I can give this gift to the world. This is my purpose.

The foundation is giving. The same foundation that is in all of us. The purpose of Vitae is to fulfill the purpose of your life. To bring back the foundation of humanity as humanitarians. Working with each other rather than against. I have proven that no matter where you live, who you are, what you believe in, if you believe in yourself, you can make a difference. I can not do this alone. I do have the foundation to build upon, that will enable the world to begin to grow together. It starts with you. I am just one person. Making a difference, it is when you follow that same principle foundation, that we, together, achieve prosperity.

Vitae

A survey conducted among market participants indicated a need for access to reliable, secure, and transparent historic operational vehicle data.

The Solution: VINchain
The VINchain project fills this need and solves the problem of asymmetrical information in the used car market by creating a decentralized, immutable, transparent, secure, and reliable vehicle lifecycle repository.

VINchain is a decentralized blockchain database that records all relevant information pertaining to vehicles. For each vehicle, a blockchain passport is issued which will be stored in a distributed registry. VINchain is also capable of producing reports that can be ordered immediately by buyers, sellers, and other market participants.

Information about the vehicle is accumulated in the databases of all system participants (manufacturers, insurance companies, service stations, banks and leasing companies, dealers, etc.) during the entire period of its use.

The blockchain-passport of the vehicle is connected to the vehicle identification number (VIN) and placed in the VINchain blockchain system. This information is transparent and accessible to everyone with access to the system.

VINchain Whitepaper

Today, the world grows to the point where excess crisis is developing into a burden for many economies. So sharing and optimizing resources is becoming more popular than ever. Uber, Grab aimed at the taxi market, Airbnb aimed at the hotels, or Flexe aimed at the warehouses to compete with Amazon.

According to the FedEX annual statistics report for 2016, small-parcel service is $ 1.6 billion. Vikky expects to earn 5-20% of this market share from 2019 to 1980, corresponding to sales of $ 80-320 million As reported by statistics of aviation industry (Statista.com), in 2017 there are over 4 billion flights, passengers have excess baggage allowance of more than 2 kilos / person, with the average rate of 7 USD / kg, we have a more than $ 56 billion resource which has not been exploited.

Vikky’s aim is to provide our customers with a cheap and fast FedEX-alike service, and a platform for them to exchange and search for help simply by a message on Vikky

Vikky

Some of the greatest achievements in the arts and science of human history were made possible by the patronage of wealthy institutions and families. Nowadays, cultural expression has shifted to digital content distributed on the web. The majority of web content platforms are using an advertising-based revenue model which makes creators dependent on advertising dollars controlled by a few large corporations. One such platform is YouTube, a monopolist among web video platforms.

Centralized and advertising-based platforms have total control and put maximization of ad revenue above everything else. Unfortunately, this is not in the best interest of all other parties and leads to the following problems: viewers are bombarded with ads and manipulated into fast content consumption and creators receive only a fraction of revenue from value they create.

Struggling to sustain on ad revenue alone, creators are pushed into mass-consumer market.

They have few opportunities to engage with fans and grow their community when binge consumption is inherently promoted. Furthermore, advertising businesses lose out due to inefficiencies in reach and rampant ad fraud.

The ad-based business model exhibits inherently misaligned incentives between viewers, creators, and advertisers. It disproportionately profits the middlemen and it is the source of problems described above. Even incumbent platforms aren’t motivated to fix it as it would directly undercut their revenues.

viewly

VEXANIUM is disrupting the global promotional marketing industry by developing a decentralized marketing ecosystem. It is creating a tokenized rewards and voucher platform with two goals – to bridge the off-chain to onchain gap for retailers and consumers, while also serving those that are already on-chain. The VEXANIUM Platform will revolutionize today’s voucher and rewards industries by solving their major pain points such as poor economics, illiquidity and redemptions. In doing so, VEXANIUM’s platform is also able to provide an Airdrop solution to address to the surging demand of blockchain businesses to reach their target audience. Ultimately, VEXANIUM allows a whole new wave of retailers and consumers to enter the blockchain era, while also providing the most effective way for blockchain businesses to expand their reach.

The VEXANIUM Platform features 4 components:

1. Voucher Platform:
The VEX Platform will allow businesses (offline, online and onchain) to create campaigns for acquiring new customers and rewarding existing ones, using the VEX token. It will also allow the creation of vouchers by these businesses which consumers can purchase with the VEX token. This will be facilitated via the VEX web and mobile apps.

2. P2P Voucher Exchange:
The VEX Exchange will allow consumers to trade vouchers among themselves and set their own prices. It is hosted within the VEX app.

3. VEX Cryptoexchange Integration:
The VEX app features an integration with selected cryptoexchanges in order to allow users to directly trade their VEX token balance on the exchange.

4. VEX GIFT and Airdrop Platform
The VEX Platform will also allow blockchain companies to create Airdrop campaigns for acquiring new customers and rewarding existing ones, using the VEX token. This will be facilitated via the VEX web and mobile apps.

vexanium

The VeChain team and the VeChain blockchain and platform has been running for more than two and half years.

During our journey, we have met many people who share our goals. Our business partners, both enterprises and individuals, dare to explore this new technology with passion, dreams, and strong beliefs. Moreover, we have accumulated experience with use cases from different industries to adjust and resolve any necessary corrections during this process. We will continue defining the right path to take when implementing this “disruptive technology” that will change the world.

Our original vision has never changed. The dream is still the same as before, that is: Building a trust-free and distributed business ecosystem platform to enable transparent information flow, efficient collaboration, and high-speed value transfers.

Nine months have passed since the release of the VeChain ICO. The vision stays the same but our various missions have been reshaped gradually along with the rapid development of the entire blockchain industry.

VeChain aims to be THE PLATFORM to support blockchain-based business applications offering real economic and social value.

After a comprehensive study of existing public blockchain platforms (including Ethereum) and countless discussions and debates with multiple business partners, we identified reasons in which enterprise and large consumer-focused applications are not yet on blockchain. The largest identified hurdles are NOT about the technology, but instead are related to other critical aspects of the blockchain’s operational design.

We’ve identified four key hurdles to enterprise adoption of blockchain.

First, most public blockchains lack a proper governance model. Although decentralization is the well-known cornerstone of blockchain technology, it has obvious defects leading to inefficiency and poor capacity to conduct fast iterations. We believe scalability issues relating to blockchain are not linked to technical problems but to consensus concerns of governance. It is hard to imagine a world-wide used “software” or “system” like Bitcoin, with a valuation of more than 140 billion dollars, conduct very few upgrades in the past 10 years. Of course, Satoshi’s original vision was brilliant, and the Bitcoin blockchain functions as originally designed and intended. But as the use cases for blockchain have evolved, and continue to evolve, changes to the features and functions of a blockchain are inevitable. A proper governance system, with transparency and operational efficiency, will enable continual and rapid innovation.

Second, the economic model of almost every existing public blockchain directly or indirectly links the transaction costs to the total valuation of the respective blockchain, resulting in unpredictable and unnecessarily high transaction costs. In most public blockchains there exists a paradox: the greater the use of a blockchain, the higher the value of tokens, but additionally the higher the cost to use that blockchain, which discourages use and lowers total network value. No business owners would accept running applications or generally running a new business on blockchain, or anywhere, at an unstable cost. An additional complication is present. Token holders want the value of a token to increase, and enterprise users want it to be stable and/or low.

A proper economic model has to be introduced to the next generation of public blockchains in order to resolve these conflicts.

Third, an ecosystem will require many participants other than just technical blockchain experts.

As a matter of fact, more business players than expected care about appropriate solutions other than merely technology. Usually, they expect to see solutions require combinations of a number of technologies such as blockchain, IoT, Big Data and A.I. Current blockchain ecosystems also require each business owner to be motivated, deeply involved and innovative to create new business values out of blockchain technology. The current blockchain world lacks those who can connect the technology to business use cases by providing such solutions.

Therefore the common infrastructure services natively on blockchain must allow technical and business developers to assemble solutions to add value to their business.

Last but not least, the capacity to comply with regulation and changes will be one of the key requirements for any utilized blockchain solutions. This is necessary as regulators and governments follow the massive adoption of blockchain knowledge and understanding by the general public and business owners.

To address all the above, VeChain has created the VeChainThor Blockchain. This innovation represents the next generation of public blockchains, called Blockchain X. It includes the following key features:

1) New Governance Model

2) New Economic Model

3) Regulation and Compliance capabilities

4) VeChainThor Mainnet and Matching Infrastructure Services

vechainthor_development_plan_and_whitepaper_en_v1.0

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Vestoria Whitepaper

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