Skip to content
Herald Sheets

Herald Sheets

Live Cryptocurrency News

Follow Herald Sheets on Twitter, Facebook, Telegram, Please Read Our Disclaimer

  • Homepage
  • Start Trading
  • Guide
  • Crypto News
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Ripple (XRP)
    • Dogecoin (DOGE)
    • Cardano (ADA)
    • Litecoin (LTC)
  • Analysis
  • Blockchain
  • Mining
  • Reviews
    • Brokers
    • Exchanges
  • Regulation
  • Press Release
  • About Us
    • Contact Us
    • Privacy Policy
    • Editorial Policy
    • Submit Press Release
  • Disclaimer
  • Blockchain
  • News

CREAM Analyzes Two Use Cases In Sync 2 That Make VeChain the Leading Network for Blockchain Mass Adoption

Tobi Loba February 5, 2021 3 min read
Large Chinese Municipal Governments Are Adopting VeChain’s VeTrust to Help Deal with COVID19

CREAM, a VeChain strategic partner and leading investment incubator that focuses on blockchain-powered projects, has pinpointed and discussed two major use cases that make VeChain the leading network for the mass adoption of blockchain technology.


trade now

It can be recalled that on 27th January 2021, VeChain Foundation announced the launch of Sync 2, a revolutionary solution designed to fast-track the mass adoption of decentralized applications (dApps).

In a broad blog post, CREAM discussed how and why Sync 2 brings improvement to the current market situation and what makes Sync 2 alongside VeChainThor the ultimate choice for mainstream dApp adoption.

Read Also: VeChain Integrates Coinbase’s Rosetta to Simplify Blockchain Interoperability

According to the team at CREAM, “Sync 2 removes the majority of the jargon, difficulty, and the blockchain-ness of using blockchain.”

The team also added that Sync 2 allows users to experience dApps as much as web-based applications, which in turn lows the barrier to entry.

CREAM Discusses Two Use Cases In Sync 2 That Makes VeChain Outstanding

According to CREAMethod, the first major use case embedded in Sync 2 that makes VeChain outstanding in the industry is Gaming/NFT environment.

Considering this use case, the team says the application of Sync 2 within VIMworld, a collectible and gaming platform belonging to CREAM, can be envisaged.

VIMworld and other types of NFT platforms have applications that can greatly benefit from the implementation of Sync 2, the team added.

Read Also: VeChain Brings Transparency and Trust to People and Businesses –Former US Congressional Candidate

In a cited example, the team says:

“A user wishes to buy a VIM and visits the VIMworld website to do so. Sync 2 can create a wallet on behalf of the user. Using VeChain’s unique ‘Fee Delegation as a Service’ (DaaS) protocol, this individual can pay in fiat to purchase EHrT which, to a layman, appears to function like any of the many in-game currencies that exist in the traditional gaming world.”

The team further stated that such a user can now buy a VIM of their choice, while transaction fees are silently processed in the background.

Also, new users will gain the ability to enjoy games and interact with the platform with little or no prior experience.

Simply put, the team at CREAM noted:

“With Sync 2, online blockchain-based gaming becomes as intuitive and as simple as using any traditional PC game with an in-game market, tokens or other features that tens of millions of gamers are perfectly familiar with today.”

Read Also: VeChain Joins Forces with Blue Bite to Make Securing Items on Blockchain Simple

The second major use case embedded in Sync 2 according to CREAM is sustainability application. Regarding the second use case, the team says an application surrounding sustainability/incentivised green behavior can be envisaged as much as VeChain’s Low Carbon Ecosystem project.

In this regard, users will be individually awarded for their green behavior, “creating a monetary incentive to act in a manner that benefits the environment and reduces carbon emissions.”

A good example of the application is currently being development by DNV GL. Such an application is related to riding a bicycle to work in order to reduce carbon emissions.

In a nutshell, CREAM said, “With Sync 2, the transformative power of blockchain technology becomes readily available for everyday use regardless of an individual’s technical knowledge.”

Read Also: Sunny Lu: VeChain Targets Ethereum’s Record

Conclusively, CREAM remains confident that VeChain will become a trillion-dollar protocol in the future, considering its focus on mass adoption and building tools and services that open blockchain to the masses.


Follow us on Twitter, Facebook, Telegram, and Download Our Android App.

Trade Now

Continue Reading

Previous: Crypto.com Exchange Launches VeChain (VET) and Chainlink (LINK) Lending Services
Next: Crypto Michael Outlines His Price Prediction for Bitcoin and Ethereum for Current Bull Cycle

Related Stories

Metaverse Real Estate Sells For A Record $5,000,000 inside TCG World
3 min read
  • Metaverse
  • News
  • Press Release

Metaverse Real Estate Sells For A Record $5,000,000 inside TCG World

May 26, 2022
UST And LUNA Trading Volumes Soar As Terra 2.0 Airdrop Draws Closer
2 min read
  • Altcoins
  • Crypto Trading
  • Cryptocurrency
  • News
  • Terra (LUNA)

UST And LUNA Trading Volumes Soar As Terra 2.0 Airdrop Draws Closer

May 26, 2022
26 May Crypto Prices: SOL, DOT, ETH, AVAX Lose Up to 5%
2 min read
  • Altcoins
  • Avalanche (AVAX)
  • Bitcoin (BTC)
  • Cryptocurrency
  • Decentralized Cryptocurrency Exchange (DEX)
  • Ethereum (ETH)
  • News
  • Polkadot (DOT)
  • Price Analysis
  • Solana (SOL)

26 May Crypto Prices: SOL, DOT, ETH, AVAX Lose Up to 5%

May 26, 2022

Top 10 Crypto

Name Price24H (%)
bitcoin
Bitcoin (BTC)
$28,820.00
-2.97%
ethereum
Ethereum (ETH)
$1,728.89
-10.37%
tether
Tether (USDT)
$1.00
0.11%
usd-coin
USD Coin (USDC)
$1.00
0.17%
binancecoin
BNB (BNB)
$294.70
-7.26%
ripple
XRP (XRP)
$0.393737
-2.29%
Binance USD
Binance USD (BUSD)
$1.00
-0.11%
cardano
Cardano (ADA)
$0.454790
-10.04%
dogecoin
Dogecoin (DOGE)
$0.076697
-5.52%
polkadot
Polkadot (DOT)
$8.70
-10.14%

Recent Posts

  • Metaverse Real Estate Sells For A Record $5,000,000 inside TCG World
  • UST And LUNA Trading Volumes Soar As Terra 2.0 Airdrop Draws Closer
  • 26 May Crypto Prices: SOL, DOT, ETH, AVAX Lose Up to 5%
  • ETH Gas Fee Hits Lowest Levels Since July 2021; Ethereum On Accumulation Phase
  • CharterPrime Review – Is CharterPrime Scam or a Proper Broker?
  • Do Kwon Intends To Make Terra Classic By Forking LUNA Blockchain
  • Grayscale Is Planning On Listing Its First European Exchange Traded Fund
  • Celsius Is Planning On Taking Its Crypto Mining Business Public
  • Terra Team May Not Redeem Promised Refunds, Especially For Smallholders – Whistleblower
  • Coinbase Adds BNB Chain And Avalanche To Token Swap Service
  • Richardson Lewis Review – Is Richardson Lewis Scam or a Proper Broker?
  • PancakeSwap Guide 2022 – Everything You Need To Know About This DEX
  • Polkadot-based Smart Contract, T3rn Deploys Latest Testnet
  • Uruguayan Authorities Launch Campaign Against Crypto Scams
  • GameStop Announces The Launch Of A Crypto Wallet

Disclaimer

This website may have financial affiliations with some (not all) of the brands and companies mentioned on this website. Information found on Herald Sheets represents those of writers quoted. It does not represent the opinions of Herald Sheets on whether to buy, sell, or hold any investment assets. Investors must do their own research before investing their money and only do so at their own risk.

Categories

You may have missed

Metaverse Real Estate Sells For A Record $5,000,000 inside TCG World
3 min read
  • Metaverse
  • News
  • Press Release

Metaverse Real Estate Sells For A Record $5,000,000 inside TCG World

May 26, 2022
UST And LUNA Trading Volumes Soar As Terra 2.0 Airdrop Draws Closer
2 min read
  • Altcoins
  • Crypto Trading
  • Cryptocurrency
  • News
  • Terra (LUNA)

UST And LUNA Trading Volumes Soar As Terra 2.0 Airdrop Draws Closer

May 26, 2022
26 May Crypto Prices: SOL, DOT, ETH, AVAX Lose Up to 5%
2 min read
  • Altcoins
  • Avalanche (AVAX)
  • Bitcoin (BTC)
  • Cryptocurrency
  • Decentralized Cryptocurrency Exchange (DEX)
  • Ethereum (ETH)
  • News
  • Polkadot (DOT)
  • Price Analysis
  • Solana (SOL)

26 May Crypto Prices: SOL, DOT, ETH, AVAX Lose Up to 5%

May 26, 2022
ETH Gas Fee Hits Lowest Levels Since July 2021; Ethereum On Accumulation Phase
2 min read
  • Blockchain
  • Cryptocurrency
  • Ethereum (ETH)
  • News
  • Price Analysis

ETH Gas Fee Hits Lowest Levels Since July 2021; Ethereum On Accumulation Phase

May 25, 2022
Copyright © All rights reserved. | DarkNews by AF themes.
  • RelevantRelevant(REL)$0.825.35%
  • TadpoleTadpole(TAD)$7.32-1.74%
  • SEENSEEN(SEEN)$2.05-2.27%
  • EvedoEvedo(EVED)$0.082301-0.80%
  • MarginswapMarginswap(MFI)$0.184213-2.11%
  • SakeTokenSakeToken(SAKE)$0.0127135.28%
  • WTF TokenWTF Token(WTF)$0.0113500.17%
  • BNSD FinanceBNSD Finance(BNSD)$0.005461-5.83%
  • RobotinaRobotina(ROX)$0.00266138.50%
  • CageCage(C4G3)$0.005010-3.67%