Let me start with a disclaimer: This is not financial advice, just my view.

I recently purchased VeChain and PundiX tokens on Binance

What is VeChain?

VeChain is a blockchain-enabled platform that is designed to enhance supply chain management processes. By utilizing tamper-proof and distributed ledger technology (DLT), VeChain provides retailers and consumers with the ability to determine the authenticity and quality of products that are bought. From product source materials to servicing history, and spare part replacements, every single piece of information about the supply chain movement of a product can be recorded and verified to bring about a supply chain management ecosystem that is secure for all participant

VeChain plans to achieve this secure supply chain management ecosystem via the method of asset digitization. VeChain enables manufacturers to assign products with unique identities to the platform. This will allow manufacturers, supply chain partners, and even consumers, to track the movement of products through their supply chain. VeChain makes use of its VeChain Identity (VID) technology, to mark and track a product. VIDs are produced using a SHA256 hash function, which generates a random hash value that corresponds to a VID.

What is PundiX?

Pundi X is a very recent project, founded in 2017 with the sole aim to make crypto available to more people. Pundi was launched by a veteran team full of crypto experience, called Wokoworks team, and they are well known for making crypto wallets. Pundi’s network is build of X POS, which are smart crypto terminals.

The main ideology of the Pundi X team is to connect their wallet buyers to a new system, after which cryptos can be used for making payments for various services which the company would perform. The best part is that the buyers do not have to worry about fiat to crypto conversion as the system allows for fiat/crypto exchanges as and when needed.

Pundi X has partnered with many trustworthy institutions and big projects. Pundi X, is however based on centralized and decentralized solutions, which  pose some problem to some of the users.

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