V Systems is a blockchain-powered decentralized cloud platform for developers and businesses to build and deploy decentralized applications (dApps). The blockchain network is designed to support highly decentralized, scalable dApps and can support a virtually limitless number of blockchains in its ecosystem.
The open-source network offers a convenient platform for efficiently developing real-world, agile dApps. It leverages a set of composable “no code” smart contracts spanning a multitude of real-world use cases.
The blockchain’s developers constantly introduce new smart contracts for additional business use cases. This makes the VSYS blockchain extremely capable of mainstream use by businesses, organizations, and entrepreneurs looking to adopt blockchain-based applications.
VSYS is the native token of the V Systems blockchain. It is used for paying transaction fees, executing smart contracts, staking, and governance via its SPoS (Supernode Proof of Stake) consensus mechanism.
