- Vechain emphasizes blockchain’s role in integrating fragmented data, increasing transparency, and unlocking the potential of carbon markets.
- Its VeBetterDAO initiative is reshaping the $16 trillion tokenization market by fostering community-driven governance.
VeChain makes a strong prediction for the year 2025, stating that 2024 has already established a strong base for blockchain-driven transformation. It notes that real-world assets (RWA) tokenization has emerged as the key pillar of a new digital economy.
Tokenization, the process of converting assets into digital tokens, promises a future defined by efficiency, transparency, and rapid trading capabilities. According to VeChain, blockchain and tokenization offer a vital solution by integrating fragmented data streams, increasing transparency, and unlocking carbon markets’ potential as instruments for meaningful change.
“We see vast potential for blockchain and tokenization across all aspects of the modern economy,” the company noted, pointing to 2025 as a pivotal year for the crypto sector’s evolution. As reported by Crypto News Flash, tokenization is among the three key trends likely to take the crypto market to new heights.
Additionally, the VeChain-powered VeBetterDAO platform has been eyeing a major opportunity in the $16 trillion tokenization market, likely to grow over the next decade. VeBetterDAO is reshaping the future of sustainable assets by creating a platform where individuals, businesses, and non-profits can connect and align their sustainability initiatives.
Operating as a decentralized autonomous organization (DAO), the community also holds full control over decision-making, ensuring transparency and collective governance in advancing sustainable missions, reported CNF.
2024 has truly opened the door to the blockchain revolution.
Tokenization – the act of representing assets in all their forms as digital tokens – marks the start of a new kind of economy based on efficiency, transparency, and high speed trading.
With almost every market… pic.twitter.com/taydhQ2y7N
— VeChain (@vechainofficial) December 30, 2024
VeChain – Addressing the Needs of Global Carbon Markets
VeChain, a blockchain platform, emphasizes the expansive growth potential of this emerging technology, noting its ability to benefit nearly every market sector. Thus, one standout application is in global carbon markets, which currently face challenges of standardization and accountability.
VeChain (VET) has received another academic acknowledgment, with a research paper authored by Yingmei Jiang, Jinjin Mou, Xin Yang, and Jinyu Wei highlighting its contributions to carbon reduction in the e-commerce sector, reported CNF.
In a recent development, the blockchain platform has also entered into a strategic partnership with Lukka, a leading firm specializing in environmental, social, and governance (ESG) analytics for blockchain platforms. This collaboration underscores VeChain’s dedication to aligning its operations with global sustainability and regulatory standards.
VeChain’s price has experienced notable fluctuations in recent months. Over the past six months, the token surged by 87%, with an additional 11% gain in the last month. However, the past week saw a modest decline of 13%. VeChain is trading near $0.047, close to its 10-day and 100-day simple moving averages, signaling potential consolidation.
