With the concept of 'Live for Collaboration', the VeChain project began in 2015 and is built to be the public blockchain platform supporting blockchain-based business applications offering real economic and social value. As a leading global enterprise level public blockchain platform, the VeChainThor Blockchain provides a comprehensive governance structure, a robust economic model, and advanced IoT integration, which can build a trust-free and distributed business ecosystem platform to enable a transparent information flow, efficient collaboration and high-speed value transfer.