VeChain, commonly identified by the ticker VET, is the primary asset of VeChainThor, a public, EVM-compatible Layer 1 blockchain focused on enterprise data, supply-chain traceability, product authenticity, sustainability, and real-world asset applications. The network was designed to connect physical products and business events to tamper-resistant digital records. Companies can associate items, shipments, certificates, vehicles, or sustainability data with blockchain records using QR codes, NFC chips, RFID tags, APIs, and enterprise software.