VeChain (VEN) Announces Cahrenheit Automotive Project but Market Price Looks Worrying
Until recently, VEN was seen as a promising project, but its price does not seem to find support after the mainnet launch. The VeChain (VEN) project has unveiled a new project, dubbed Cahrenheit, which is a blockchain-based automotive ecosystem based on the VeThor blockchain. However, the recent successful new blockchain launch and the release of a mobile wallet did little to stem the sudden drop in VEN prices. So, owners of X Node status were satisfied that their node status was secured, and went on to trade their assets. Until recently, the VEN market price was supported precisely because a large section of the token supply was locked away.
Exechon Joint Venture Announces XMini Automotive Manufacturing Sale to UAE-Based REFCO Metals
according to "Today's automotive industry moves fast and requires parts made to the most exacting specifications," said Shafik Nasser, Chairman of Exechon Enterprises. "The XMini creates complex, high-precision parts while streamlining production and lowering costs, making it the perfect partner in a modern manufacturing environment." During a six-month verification process, REFCO Metals will use the XMini to manufacture a broad range of automotive-grade aluminum alloy extrusions. About Exechon Exechon Enterprises L.L.C., is a joint-venture company that consists of Abu Dhabi-based Injaz National, Lockheed Martin, and Sweden-based Tecgrant AB. Its products bring a full suite of automated manufacturing options to the aerospace, defense and automotive sectors, as well as other industrial markets.collected by :Sofia Iden