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VeChain Secures New US Patent for Blockchain-Based Property Transfers

VeChain Secures New US Patent for Blockchain-Based Property Transfers
VeChain's offshore subsidiary, NanoJClean, has received approval for a patent application covering property right confirmation and transfer methods. The patent aims to address issues with the current process of proving property ownership by using blockchain-based methods. This is the latest patent approval for VeChain, following approvals for blockchain workflow node certification and a Key Management System. Additionally, VeChain has announced Grant 2.0, offering up to $100,000 for blockchain developers. The news has resulted in a 6% surge in VeChain's native token, VET. Analysts suggest that VET could potentially surge to $2.5 based on technical analysis.

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