Blockchain Technologies 
Verity One Licensing Unit VLU "V"

Verity License Unit VLU "V" Integration with Hedera HBAR Blockchain

The Verity License Unit VLU (V) adopts an innovative blockchain approach by integrating with the Hedera HBAR Blockchain, moving away from the previously utilized Verity One License Unit (V) framework. This shift brings a novel dimension to blockchain applications in supply chain management, enhancing transparency, traceability, and security with a focus on the unique benefits offered by the Hedera HBAR Blockchain alongside other blockchain technologies.

Blockchain Technologies Integrated in VLU

VLU leverages a variety of blockchain technologies, including Hyperledger, Interledger, Binance BSC, Ethereum ERC-20, Hedera HBAR, and the ERC-1155 standard. This comprehensive blockchain ecosystem significantly boosts supply chain management's transparency, traceability, and security.

  • Hyperledger: An open-source blockchain project offering a modular framework for building enterprise-grade blockchain solutions. It provides tools and libraries for the easy development of blockchain-based applications.
  • Interledger: An open-source protocol suite facilitating payments across different ledgers and networks. It standardizes the connection between diverse payment systems for seamless value transfers across blockchain networks.
  • Binance BSC: A high-performance blockchain supporting smart contracts and decentralized applications (dApps), compatible with the Ethereum Virtual Machine (EVM).
  • Ethereum ERC-20: A technical standard for smart contracts on the Ethereum blockchain, guiding the creation of tokens within the Ethereum ecosystem.
  • ERC-1155: A technical standard for Ethereum blockchain, enabling a smart contract to manage multiple token types, both fungible and non-fungible.

Integration with Hedera HBAR Blockchain

The Verity License Unit (V) integrates with the Hedera HBAR Blockchain, known for its high throughput, low fees, and eco-friendly consensus mechanism. This integration offers distinct advantages:

  • High Performance: Hedera's unique consensus algorithm enables fast transaction speeds and high throughput, essential for dynamic and complex supply chains.
  • Low Transaction Costs: Hedera's efficient network structure ensures low transaction fees, making it cost-effective for extensive supply chain operations.
  • Eco-friendly: Unlike traditional proof-of-work blockchains, Hedera's consensus mechanism is energy-efficient, aligning with sustainable business practices.

Benefits of VLU’s Multifaceted Blockchain Approach

The multifaceted blockchain approach of the Verity License Unit (V) offers enhanced:

  • Transparency: The decentralized ledger enables secure and transparent transactions, making it easier for stakeholders to monitor the supply chain.
  • Traceability: VLU allows for detailed tracking of products across the supply chain, addressing issues related to counterfeiting and authenticity.
  • Security: The integration of robust blockchain technologies ensures a secure supply

chain environment, mitigating risks associated with fraud and tampering.


The Verity License Unit (V) represents a significant advancement in blockchain-based supply chain management by leveraging the Hedera HBAR Blockchain's capabilities alongside other key blockchain technologies. This approach not only enhances the efficiency and security of supply chain processes but also supports sustainable and cost-effective operations. The integration of V with diverse blockchain technologies such as Hyperledger, Interledger, Binance BSC, Ethereum ERC-20, Hedera HBAR, and the ERC-1155 standard, underscores a commitment to leveraging the full potential of blockchain for supply chain transparency, traceability, and security. With its innovative application of the Hedera HBAR Blockchain, V is poised to set new standards in the blockchain and supply chain management landscape.