CandleFocus VET News: VeChain’s New Patent on User Identity Authentication Data Approved by US Patent Office
2024-09-20
Author: Content Editor
VeChain Global Technology has been granted a new U.S. patent titled "Methods and Devices for Managing User Identity Authentication Data." This patent aims to improve user identity authentication through a decentralized blockchain solution. The system ensures secure handling of user identity data and utilizes certificates for validation. This patent builds upon VeChain's previous innovations and is expected to enhance supply chain management efficiency. The news of the patent approval has resulted in an increase in the price of VeChain's native token, VET. Currently, over 100 worldwide businesses accept VET payments.
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