Vexanium is a blockchain platform and cryptocurrency that aims to leverage blockchain technology to provide solutions for various industries, especially for businesses in developing countries. The project was launched in Indonesia in 2018 and has gained some popularity in Southeast Asia.
The Vexanium platform utilizes a delegated proof-of-stake (DPoS) consensus mechanism, which allows for fast and scalable transactions. It also incorporates smart contract functionality, enabling developers to build decentralized applications (dApps) on the Vexanium blockchain.
The native cryptocurrency of the Vexanium ecosystem is VEX. It can be used for various purposes within the platform, including paying for transaction fees, participating in voting for block producers, and accessing services provided by dApps. VEX tokens can be earned through block production, voting, and participating in ecosystem activities.
Vexanium aims to offer solutions for industries such as supply chain management, loyalty programs, social media, and more. By leveraging blockchain technology, Vexanium aims to increase transparency, efficiency, and security in these industries.
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