VeChain (VEN) is a digital token of the same name blockchain platform which specializes in data transformation, supply chain management, financial services, and smart contracts. Based in Shanghai, VeChain has almost 101 offices in 5 countries, including Germany, England, Korea, China, and Japan. The company focuses on transformation of offline data into a digital format for further analysis and processing. The VeChain operates in the field of quality endorsement, logistics, and anti-counterfeiting solutions. VeChain technology prevents data tampering on the chain, making it possible the tracking of luxury items to confirm their authenticity. VeChain tokens are traded/listed on Huobi and Binance exchanges.