- VeChain has obtained a U.S. patent for a new technology related to blockchain and sustainability tracking, through a China-based company, NanoJClean.
- VeChain’s previous patent, approved on December 17, 2024, focused on cryptographic key splitting and recovery methods, along with related software and storage systems.
VeChain has secured a U.S. patent through NanoJClean, its offshore subsidiary based in China, marking another milestone in its blockchain innovation journey. NanoJClean specializes in using blockchain technology to help businesses track and trace their supply chains and products, enhancing transparency and efficiency.
The news was announced on February 28 in an X post by pseudonymous community figure AprilStrawberry. The new patent, which was officially approved on February 25, 2025, focuses on a blockchain-based workflow node certification method and device, further reinforcing VeChain’s position as a leader in blockchain enterprise solutions.
This development underscores the international recognition of VeChain’s technology and its expanding influence in blockchain innovation. By securing a U.S. patent through the China-based subsidiary, VeChain is demonstrating a cross-border innovation strategy, ensuring that intellectual property (IP) developed in China is protected in the United States. This follows its previous U.S. patent, approved on December 17, 2024, which focused on cryptographic key splitting and recovery methods, further strengthening VeChain’s enterprise security solutions.
VeChain’s Ecosystem Expansion and Tokenomics Overhaul
This patent approval aligns with VeChain’s ongoing ecosystem advancements, including the introduction of Venus GM NFTs by VeBetterDAO, marking the fourth tier in its NFT-based rewards program. As reported by CNF, these NFTs enable participants to boost their $B3TR value while strengthening their membership and governance roles within the ecosystem. With enhanced reward ratios, Venus GM NFT holders gain greater governance incentives, allowing them to exercise more influence over VeBetterDAO’s decision-making and management.
Simultaneously, VeChain has revamped its tokenomics to promote greater engagement and participation. Previously, VTHO was generated at a fixed rate, causing unused tokens to accumulate in inactive wallets, particularly on exchanges, reducing network participation.
With the new token model, VTHO rewards are now proportionate to the amount of VET staked, encouraging greater user involvement. This update is especially advantageous for validators and delegators, who play a crucial role in maintaining and verifying blockchain transactions, leading to enhanced network performance and long-term sustainability.
VeChain (VET) Market Performance
As VeChain continues to expand its technology and ecosystem, its market performance remains a key focus for investors. According to current price predictions, VeChain’s price is expected to rise by 42.78%, reaching $0.040187 by March 31, 2025. Currently, VET is trading at $0.02778, having experienced a 12.06% decline over the past seven days. However, the price has shown a 7.39% increase in the last 24 hours, indicating potential recovery. VeChain’s trading volume has dropped by 20%, settling at $51.55 million, reflecting short-term market fluctuations.
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