VeChain's development team has set itself the goal of creating a trusted tool for collecting and storing data on the products on the market. An ambitious project arose in Singapore based on consumer protection requirements against the sale of counterfeit brands. Since July 2017, the VeChain cryptocurrency has become increasingly known and more trustworthy. You may know it as VEN, which is an ERC20 token traded on cryptocurrency exchanges. Let's take a look at the entire VeChain blockchain project and the investment potential of the VEN token. The VeChain project aimed to gather information about the production process, the method of storage and transport at the manufacturers - using chips on individual products. Companies that want to use VeChain implement its version in their systems so that information can flow freely to customers. But first they arrive at the blockchain, where they are collected and confirmed.