TCC Product Information

TCC is short for ToolChain Credit. TCC is the payment credits used within VeChain ToolChain®. These credits are used to conduct operations such as creating contracts and uploading information to the blockchain. The price of TCC is defined within VeChain ToolChain®, and may vary from one user to another.

TCC is only applicable for clients whose ToolChain accounts are provisioned to consume TCC. If you are unsure, please contact your regional representative for details.

How to purchase TCC?

Payment rules of TCC

Price and payment of TCC

#	Action	Create	Update	Remark
1	Create SKU	1	1
2	Bind SKU	N+1	1	N = Number of VIDs
3	Add Traceability Steps	N+1	X+1	N = Number of VIDs X = the change delta in VIDs
4	Hash Upload	N	/	N = Number of VIDs
5	Verification Checklist Upload	1	/
6	VIP tokens (including minting, transfer, and delegation)	2N	0	N = Number of toke *TCC will be consumed regardless of transaction result (success/failure) as long as the smart contract is triggered.

Here are three sample cases of TCC consumption

Case 1:

A cosmetics brand needs to trace its high-end cosmetics product lines from process to recycling. The brand produces and ships 1,000 products per month, including two different product specifications (330ml/500ml).

Employee A in the factory creates two product SKUs for each product type on VeChain ToolChain®️, attaches the corresponding QR codes to all 1,000 products, and scans QR codes to upload the shipping information to the VeChain blockchain. Employee A's operations cost breakdown:

Employee B in the store needs to confirm the delivery of the 1,000 products using the ToolChain Work App. Employee B's operations cost breakdown:

Employee C in the recycling department uploads the collection of recycled bottles after receiving 1,000 products via the ToolChain Work App. Employee C's operations cost breakdown:

The grand total = 2,005 + 1,001 + 1,001 = 4,007 TCC

Case 2

A cosmetics brand needs to trace its high-end cosmetics product lines from process to recycling using the VeChain ToolChain®. The brand produces and ships 1,000 products per month. There is only one type of product with the specifications of 330ml.

Employee A in the factory creates one product SKU, attaches the corresponding QR codes to all 1,000 products, packs them into 50 boxes (each has 20 bottles), and scans QR codes to upload the shipping information to the VeChain blockchain using the ToolChain Work App. Employee A's operations cost breakdown:

Employee B in the store needs to confirm the delivery of the 50 boxes. Employee B's operations cost breakdown:

Employee C in the recycling department uploads the collection of all empty bottles. Employee C's operations cost breakdown:

The grand total = 1,002 + 1,001 + 1,001 = 3,004 TCC

 

A cosmetics brand needs to trace its high-end cosmetics product lines from process to recycling by using the VeChain ToolChain®. The brand produces and ships a number of 1,000 products per month, including two different product specifications (330ml/500ml).

Employee A in the factory creates two product SKU using the VeChain ToolChain®, attaches the corresponding QR codes to all 1,000 products, and packs 20 bottles in each box, and delivers one box at a time, repeating 50 times. Employee A's operations cost breakdown:

Employee B in the store needs to confirm the delivery of these 50 boxes. Employee B's operations cost breakdown:

Employee C in the recycling department records the collection of empty bottles. Employee C's operations cost breakdown:

The grand total = 2,005 + 1,001 + 1,001 = 4,007 TCC