VeChain’s partnership with Smartcar enables EV and hybrid drivers across 30+ brands to earn on-chain rewards for verifiable, consent-based sustainable driving. VeChain’s partnership with Smartcar enables EV and hybrid drivers across 30+ brands to earn on-chain rewards for verifiable, consent-based sustainable driving.

VeChain Bridges Web3 and Green Mobility Through Smartcar Partnership

3 min read
  • VeChain’s partnership with Smartcar enables EV and hybrid drivers across 30+ brands to earn on-chain rewards for verifiable, consent-based sustainable driving.
  • VeBetter platform and StarGate staking system support over 43 million sustainability actions and 10 billion $VET staked.

VeChain has announced a new partnership with Smartcar to launch an on-chain vehicle data initiative that supports sustainable driving. Through the platform Evearn.io, EV and hybrid drivers in Europe and North America can now connect their vehicles to earn blockchain-based rewards. The system uses Smartcar’s standardized vehicle data APIs and VeChain’s blockchain infrastructure to provide verifiable climate contributions based on real driving activity.

Drivers who participate in the program can connect their vehicle once, drive normally, and receive rewards that are recorded transparently on-chain. The data is collected with full user consent and aligned with compliance protocols. The network records each verified sustainable mile without using manual inputs or third-party assumptions. The process is aimed at creating an automated link between personal mobility and environmental responsibility.

This partnership promotes over 30 vehicle brands in two continents, where people have wider access to incentives associated with sustainability. VeChain noted that the program will be a departure from carbon tracking by creating measurable, verifiable results through decentralized technology. Concurrent with this update, VeChain has been placed 7th in a list of the top crypto Real World Asset (RWA) projects by onchain data platform Santiment in terms of development activity.

VeChain Developer Metrics and VeBetter Ecosystem Show Network Growth

VeChain’s broader ecosystem, including its VeBetter platform, has registered more than 43 million sustainable actions to date. These include behavior-based contributions that are verified, tracked, and rewarded via the network’s blockchain infrastructure. According to a recent post, the VeBetter program continues to convert real-world actions into on-chain metrics, reinforcing Web3 utility beyond finance.

Meanwhile, new user engagement on VeChain is on the rise. As noted by X user fookelon, “6,600 NEW wallet per day on VeChain with a 510,247 VTHO burn.” Activity data also shows nearly 29,000 unique wallets have deployed smart contracts, contributing to over 300,000 contracts live on the VeChain mainnet. 

Bitrue’s Mugshot initiative, which is a part of the VeBetter ecosystem, is also gaining momentum. The community reports that more than 18,900 daily users are taking part in the reward program. StarGate, the staking system of the network, holds more than 10 billion VET, which allows earning passive income without losing access to capital. The model enables both retail and institutional users to be involved on a long-term basis.

As we reported, VeChain also collaborated with 4ocean on a blockchain-based environmental cleanup verification system. The application is built around smart contracts that monitor and compensate waste collection activities in the world. With these updates, the VET price has since recovered from the 15% decline in the last 7 days. At press time, the token was changing hands at $0.008555, a 0.70% rise.

]]>
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Michael Saylor’s Strategy follows Metaplanet, adding 6,269 BTC worth $729 million

Michael Saylor’s Strategy follows Metaplanet, adding 6,269 BTC worth $729 million

The post Michael Saylor’s Strategy follows Metaplanet, adding 6,269 BTC worth $729 million appeared on BitcoinEthereumNews.com. The two giant BTC holders, Strategy and Metaplanet, have stirred the waters despite the FUD in the Bitcoin market by acquiring a total of 6,269 Bitcoins. According to reports, Strategy has acquired 850 BTC while Metaplanet has acquired a bumper 5,419 tokens. Michael Saylor’s Strategy, the world’s largest corporate Bitcoin holder, purchased BTC worth $99.7 million at $117,344 per Bitcoin. This has brought its total Bitcoin holdings to 639,835 BTC, acquired for about $47.3 billion at $73,971 per Bitcoin. JUST IN: Strategy buys 850 BTC for $99.7M at $117,344 per BTC. Now holds 639,835 $BTCTotal spent: $47.33B Avg cost: $73,971 per BTCYTD BTC yield: 26.0% https://t.co/7iv2difHzR pic.twitter.com/O8WfDpJDxQ — Cryptopolitan (@CPOfficialtx) September 22, 2025 On the other hand, as reported by Cryptopolitan, Metaplanet purchased BTC worth $632.53 million at an average price of roughly $116,724 per Bitcoin. This has brought its total BTC holdings to 25,555 BTC, which was acquired for approximately $2.7 billion and purchased at an average price of $106,065 per BTC. Strategy slows down BTC purchase while Metaplanet adds speed The US company’s most recent Bitcoin purchase is in line with a recent trend of small purchases, showing a slowdown compared to the big purchases seen earlier this year. Strategy bought 3330 Bitcoin in September, which is a big drop from the 7,714 BTC it bought in August and a 75% drop from the 31,466 BTC it bought in July. In line with Bitcoin, Strategy’s stock has dropped about 2% in the last 30 days. Starting in 2020, the company put most of its money into Bitcoin. It used a mix of debt and stock to buy huge amounts of BTC, which turned the business intelligence software company into a Bitcoin giant. Still, the stock has gone up 2,200% since it started buying BTC. On the other hand,…
Share
BitcoinEthereumNews2025/09/22 22:54
Payward Revenue Hits $2.2 Billion as Kraken Exchange Reports Strong 2025 Growth

Payward Revenue Hits $2.2 Billion as Kraken Exchange Reports Strong 2025 Growth

TLDR Payward, Kraken’s parent company, earned $2.2 billion in 2025, a 33% increase from 2024’s $1.6 billion Trading revenue and asset-based services each contributed
Share
Blockonomi2026/02/04 20:11
Super Micro Computer (SMCI) Stock: Revenue Soars Past $12B on AI Server Boom

Super Micro Computer (SMCI) Stock: Revenue Soars Past $12B on AI Server Boom

TLDR Revenue hit $12.7 billion, crushing $10.42 billion estimate and up 123.4% year-over-year EPS of $0.69 beat consensus $0.49 by 40.8% in fiscal Q2 Q3 guidance
Share
Blockonomi2026/02/04 20:36