What Is Torient Labs?
Totient, a San Francisco-based technology company, signed an agreement last month with VeChain in an effort to achieve its goal of increasing adoption of blockchain technology and cryptocurrency by enhancing its established partnership. Totient's team, through Totient Capital and Totient Labs, have been issuing, researching, financing and developing new ICO and business opportunities in the US market since they became partners of the VeChain Foundation.
As such Totient is led by three co-founders who have experience in information technology, consulting, core blockchain development, business development and compliance. The founders range from successful serial entrepreneurs to the first Coinbase members. The company has developed basic standards and software that will increase and strengthen the adoption of blockchain technology, particularly the VeChainThor platform.
Totient's first product is the VeForge Blockchain Explorer. This browser gives users the power to monitor all activities on the VeChainThor blockchain using advanced network analysis.
Blockchain technology is the future and the main objective of VeChain and Totient is to prepare the population for this future. Whether the world admits it or not, Blockchain will change technology and many other industries forever.
We're happy to announce Vault, our newest addition to VeForge. Vault is a secure web interface for the Totient Labs developed VeChain Ledger app.https://t.co/l3uvAK1u3h
— Totient Labs (@TotientLabs) August 7, 2018
Most Recent Developments
Now, with its latest announcement, Torient Labs is pleased to announce Vault, its newest addition to VeForge. Vault is a secure web interface for the VeChain Ledger application developed by Totient Labs. So you can now protect your VeChain (VET) and VeThor Token (VTHO) cryptographic assets from a multi-currency hardware wallet, such as the most popular Nano S Ledger on the market.
All you have to do is:
- Connect your Nano S Ledger.
- Open Ledger Live on your computer.
- After you sign in to Ledger Live with your password (or set a new application password by following the instructions), go to the Administrator tab.
- Download the VeChain application to your Ledger Nano S.
- Go to vault.veforge.com/, open the VeChain application in Ledger, and that's it, you can access up to 5 addresses there while your private key is securely stored in Ledger.
As firm believers in economic freedom and the untapped disruptive potential of cryptocurrencies and blockchain technology, Totient has taken on the responsibility of promoting and developing the most promising projects in order to advance the adoption of this new technology.
Totient has identified VeChain as a leading blockchain technology platform and contacted them to become true ecosystem development partners. Its vast network within the industry, emerging markets, consulting and traditional investment has established Totient as the differentiator for VeChainThor's blockchain platform.
Together with Totient, VeChainThor's blockchain platform continues to drive widespread adoption. With many more exciting projects on the horizon, Totient's journey with VeChain has just begun this year.
At the moment of writing VeChain (VEN) has a market capitalization of $650 million dollars and each token can be bought for $0.011 dollars.