• VeChain’s October 2023 Tech Update brings exciting improvements to VORJ, including NFT marketplace integration and DAO deployment.

• VeWorld mobile app goes live with a user-friendly interface and plans for a fiat gateway and Ledger support.

The VeChain Foundation has just unveiled its October 2023 Tech Update, providing valuable insights into its thriving ecosystem’s latest advancements and developments. Here is an overview of the key highlights from this update.

Advancements in VORJ

VeChain’s Web3-as-a-Service platform, VORJ, remains at the forefront of innovation, delivering increased user functionality. The latest update introduces several exciting enhancements:

A major highlight is the seamless integration with the World of V marketplace on the VeChainThor blockchain. This integration allows users to create, deploy, mint, and list their NFT collections through VORJ.

 The objective is to streamline the NFT creation process and promote widespread adoption. VeChain has generously raised the limits of its free plan on VORJ, granting users greater freedom to explore and leverage Web3-as-a-Service toolkits. These expanded limits promise an enhanced experience for developers and enterprises utilizing the VeChainThor blockchain.

Currently undergoing testing, this groundbreaking feature empowers users to create Decentralized Autonomous Organization (DAO) smart contracts directly through VORJ. This represents a significant leap forward for decentralized applications and community-driven initiatives on VeChainThor. It also paves the way for new tokenomics structures and management possibilities.

Another innovative feature in the pipeline is extending the NFT contract, introducing an optional claimable event. With this update, VORJ-deployed NFTs can be freely claimed without necessitating permission from the contract owner. This enhancement is geared towards making VORJ even more user-friendly and versatile, catering to a diverse range of business and community ecosystems.

Marketplace-as-a-Service (MaaS)

VeChain is actively progressing with the development of MaaS, a white-label marketplace product. MaaS simplifies the process of constructing and deploying custom marketplaces on VeChainThor. This initiative aligns with VeChain’s collaborative efforts with the Boston Consulting Group on the Blockchain Biosphere concept. The project is amidst front-end and back-end development, bringing this concept to life.

VeWorld Mobile Goes Live

VeChain’s VeWorld mobile application has recently been launched across various app stores, boasting a refined user interface and several new features. Users can access VET/VTHO price charts, switch their preferred currency, and benefit from a native NFT viewer. Plans encompass the introduction of a fiat gateway, keystore, private key import functions, and support via WalletConnect.

Integration with Ledger Live

The integration with Ledger Live enhances the user experience and extends VeChain’s reach to a wider user base. In conjunction with Coinify’s trading platform, this collaboration enables Ledger Live users to acquire VET tokens directly through the platform. VeChain’s mission is to ensure accessibility to as many users as possible, bridging the gap between Web2 and Web3.

Revamped Vechain Docs

Comprehensive tutorial documentation is indispensable for the success of any blockchain platform. VeChain has streamlined its documentation user journey, offering simplified and intuitive guidance to developers. This initiative is integral to their mission of introducing the next billion Web2 users to the blockchain world.

VeChain has embraced collaboration by open-sourcing its developer documentation. This progressive step welcomes contributions from the community, enabling developers to propose changes and introduce new elements. Furthermore, VeChain has initiated a $100k community developer Vechain Improvement Proposal (VIP) campaign and launched a builder-dedicated forum, Discourse, to encourage community involvement.

Account Abstraction (EIP 4337)

Implementing Account Abstraction (EIP 4337) is currently in progress, enhancing the versatility of builders on VeChainThor. This feature enriches the functionality of smart contract wallets, making blockchain accounts programmable and user-friendly. It is poised to facilitate the transition of many Web2 users into Web3.

Brand New SDK for Streamlined Development

VeChain is rebuilding its Software Development Kit (SDK) into a more user-friendly and intuitive format. The new ‘vechain SDK’ combines Thor-DevKit/Connex, providing examples, tutorials, and sample dApps to elevate the user experience for developers and enterprises building on the VeChainThor blockchain. Simplifying the development process is pivotal to attracting more stakeholders to the VeChain ecosystem.

Launch of the New Node Rewards dApp

Following a successful testing phase, the Node Rewards dApp allows users to sign in and claim their node rewards. The user interface has undergone significant enhancements, presenting users with historical claims, total VTHO generation, and other essential metrics. Plans encompass the integration of a node marketplace and the provision of a streamlined location for node upgrades.

Pioneering the Future of Web3

With a rapidly expanding team and an evolving technical ecosystem, VeChain is gearing up to vigorously bridge the gap between Web2 and Web3. VeChain’s steadfast commitment to providing innovative, user-friendly, and blockchain-abstracting tools places it at the forefront of the blockchain landscape. In a world increasingly drawn to blockchain technology, VeChain stands as a trailblazer, promising many captivating developments.

Recommended for you:

• Buy VeChain (VET) Guide
• VeChain (VET) Wallet Tutorial
• Check 24-hour VET Price
• More VeChain News
• What is VeChain?