Founded in 2015, VeChain Foundation went on to launch the VeChainThor public blockchain in 2018, a fully programmable, EVM-compatible layer one smart contract platform. 

Its unique two-token model ensures stable, low transaction costs while an advanced Proof-of-Authority (PoA) consensus mechanism guarantees high throughput, scalability, and security with minimal energy consumption. VeChainThor’s robust architecture has seen zero downtime for the network after 4 years of continuous operation.

Today it is the leading enterprise-grade L1 blockchain, delivering the sustainability revolution with a low-carbon, highly scalable smart contract platform.