VeChain convinces investors at Consensus 2023 with technology

• Vechain’s Web3 as a service platform VORJ was the major highlight of the consensus 2023 event.
• The VORJ platform speeds up the development process with one-click setups of the Web3 projects.

Like every year, a major event in blockchain space – the Consensus 2023 – took place last week as several platforms disclosed and shared details about the progress they made and their future plans going ahead.

Enterprise-grade Layer 1 smart contracts platform VeChain made one of the most important announcements. VeChain has been at the center of major developments taking place in the blockchain and the Web3 space. VeChain said that its team had a great time at the Consensus 2023 “with the crypto, technical, and senior teams meeting talent and building connections across the #crypto-verse”. In its official announcement, VeChain noted:

We shared our latest tools and tech with new audiences, with #Web3-as-a-Service platform, Vorj, stealing the limelight -> deploying tokens and NFTs with no code and no cost caught people’s attention.

VeChain launched VORJ last month in mid-April 2023, designed specifically to revolutionize the blockchain development experience. Catering to the requirements of the Web3 world. VORJ offers a very simple ‘click-configure-deploy’ interface that would drastically expedite the building process for developers and businesses and would allow users to deploy tokens, NFTs, and smart contracts without requiring any technical expertise, and without fees.

It combines the traditional web user experience with along with the ability to deploy Web3 assets, just using a few simple clicks. This helps in overcoming any hindrance to the mass adoption of blockchain technologies. VeChain said that it would continue to upgrade the VORJ platform and add more advanced features over time.

VeChain working on boosting adoption and other sustainability projects

The VeChain platform has been working on boosting adoption in recent times. VeChain is now eyeing to establish a strong foothold in the emerging crypto market of Hong Kong, a Chinese city that is currently working to establish itself as the crypto hub of Asia.

The VeChain network has processed 140 million transactions for top Fortune 500 companies, which is a groundbreaking milestone. This rapid growth is positioning VeChain as a leading blockchain in the world. Although regulatory policies globally remain strict, there are possibilities for change in the long run.

On the other hand, VeChain is also working toward different sustainability projects and is working with some key players like the Boston Consultancy Group in tackling global sustainability challenges. VeChain recently published its ‘Web3 for Better’ whitepaper that seeks to address the growth in the Web3 space without compromising on sustainability aspects. Besides, VeChain recently joined the $60 billion Venture Climate Alliance (VCA), thereby pushing the VC industry to increase its commitment to climate tech.

Crypto News Flash does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to cryptocurrencies. Crypto News Flash is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned.