VeChain Gets New Patent vechain's new patent in AmericaSource: TwitterAccording to crypto researcher, Collin Brown, this patent was granted on October 23, 2023. This patent highlights the VeChain protocol's ability to process multiple transactions at one time, a feature that could strengthen its role in commercial adoption. Also read: VeChain: Revolutionizing a Billion Dollar Industry Through Strategic Partnerships Since its founding in 2015, VeChain has created its ecosystem to lead this niche of companies. Today, VeChain is known as one of the most prolific blockchains driving supply chain efficiency and sustainability efforts. This latest VeChain patent will further expand its accessibility in new markets while driving growth in other regions. Impact of Patents on VET Prices Unlike other protocols focused on payments and company, VeChain is considered undervalued, with its price per share changing to $0.02079, up 1.22% in the last 24 hours (7/11/23). This growth comes from the latest patent announcement, but the question is what the future holds for VET if This milestone is optimized? VeChain has strong exchange support but needs to record comparable levels of demand, which could be realized by the adoption of its patents. Overall, VeChain's future looks bright, given the associated ongoing improvements in the ecosystem as well as the push to recruit more developers to help drive its vision in on-chain. Also read: Can you become a millionaire by investing in VeChain? Check Out the Predictions!How Will VeChain Leverage This Patent?It's not yet clear how VeChain hopes to capitalize on this new patent, but with the growing interest in enterprise blockchain solutions today, finding the right partner to showcase this may be easy.As a respected blockchain, VeChain is too can look to strengthen its partnership with Simplex, which began in August 2021 as it pushes its payments pursuit to greater heights.