I am starting to understand VE Chain more and more the deeper I dive into what is going on. The Carbon emissions part with Ve Carbon is actually way bigger than the logistics industry. I understand why they created 10 x the number of VTHO tokens daily by swapping VEN For VET. They needed more numbers for the use case required and even then this will not be enough which is good news if you have VET in your portfolio.
Researching is just something we have to do and why having a handful of projects is doable as keeping up to date daily. Today I am back on Ve Chain with VET as I am more intrigued about the Ve Carbon collaboration with Amazon Web Services. This was announced back in March and 7 months later haven't seen VET rise in value so why not is my thinking. When you have a genuine use case forget what Bitcoin is doing as the value will rise no matter what.
I don't know if any of you having being paying attention to this, but climate change has become another hotbed of discussion. Countries have agreed to reduce their carbon emissions and the G20 is throwing trillions of dollars at this by assembling teams to assist and advise companies.
One would think why would AWS get involved if there wasn't any money involved on their part as they are not stupid. Teaming up with Ve Chain collaborating with the technologies they have is not such a bad idea and can see the VTHO gas supply being burned up daily in no time. I looked this up the other day and reported on my post a few days ago the daily supply is 37,584,000 VTHO tokens. Sounds like a big number if this was just the case for the supply chain industry. How much VTHO will be used daily if you throw in the Carbon emissions requirements as someone has to store these stats and process the data. Each transaction would require VTHO as this is the cost of using the Ve Chain.
Whilst looking I came across another new account that was opened up using the Ve Chain. This company is called Supplymecapital.com and they are a logistics one stop shop. From manufacturer to the end consumer is what they take care of and they are small fry when you compare them to global giants. The purchase of 3.5 million VTHO represents nearly 10% of daily supply for one day, but still shows you that all you would require is 1000 of these companies involved and suddenly the prices will rise due to demand.
1000 companies whether they are government agencies monitoring the carbon emissions or the companies themselves would consume the entire VTHO daily supply on their own. This is without the Logistics World which was why the Ve Chain was originally created. As an investment this is a sleeping giant which will climb in value rather quickly due to governments shoving this responsibility on the companies.
As designed, VeCarbon empowers enterprises with next-generation virtual tools. This, according to VeChain, helps enterprises to “quantise and informatize carbon emissions data.” Additionally, the blockchain-driven mechanism aids the management of carbon capabilities in businesses. This paves the way for “precise, targeted reduction efforts, helping enterprises achieve their low carbon aims.”
Basically in a nutshell Ve Chain is the global standard for Carbon footprint management and who do you think Governments are going to turn to for assistance. The collaboration with Ve Chain by AWS was a smart move on their part as they see this as the new business of the future. They need Ve Chain to provide the framework in which to operate and is already functioning.
Due to electricity bills the various companies will always be behind as those happen quarterly in most countries. The $100 billion pledge agreed at the Paris agreement back in 2015 will need to be increased as $Trillions have now been discussed as the cost required to reach the accepted levels agreed upon. This is going to be the new boom industry over the next decade and Ve Carbon/Chain is sitting right on top.
