A well governed foundation is the key to longevity, growth and stability. The Board of Steering Committee oversees the various functional committees within a decentralized foundation. The board members, through a governing agency, ultimately guide units towards cohesive goals and enables collaboration, efficiency, and output across channels.
The Board of Steering Committee is the governing body of VeChain Foundation. It represents the balanced interests of the VeChain blockchains stakeholders. A robust two-coin system provides flexibility to create both a store of value, to be used as smart payment currency, and the appropriate means of managing the costs of using the VeChainThor protocol. Appropriate incentives for everyone in the VeChain ecosystem VeChain has accumulated extensive experience in an ever expanding list of industries including pharmaceuticals, liquor, automobile, luxury goods, retail, logistics, supply chain, food and cold storage and more.