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We Are
Velocity

We are reinventing how career records
are shared across the global market,
deploying the Internet of Careers®.


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OUR MISSION

To build the Internet of Careers®

Velocity Network Foundation® is a non-profit membership organization, hosting
the leading workforce-tech and ed-tech vendors and solution providers, on a
mission to build the next-gen data utility layer underlying the global labor
market.

We are reinventing how career records are shared across the global market;
empowering individuals, businesses, and educational institutions through
transformational blockchain technology – public, open, trusted, and
self-sovereign.

Introducing
Velocity Network™

A game changing, blockchain based, decentralized utility layer, that replaces
the outdated, fragmented way talent represents its career reputation across the
labor market. The Network is a public utility, compliant with W3C standards,
governed by Velocity Network Foundation® that aligns incentives and
redistributes value between all participants in the labor market.




INDIVIDUALS

YOUR CAREER DESERVES THIS

Claim proofs of your employment history, educational background, skills, and
qualifications via Velocity Network™. Store and manage them privately and share
them exclusively with whomever you decide to.

Learn more



ORGANIZATIONS

TURBOCHARGE RECRUITMENT, ONBOARDING, MOBILITY, AND COMPLIANCE

Employers, schools, license issuers, and other organizations use Velocity
Network™ to issue verifiable digital career and education credentials to their
constituents, and instantly verify career data shared by applicants, students,
and employees.

Learn more



VENDORS

CONNECT YOUR PLATFORM TO ENABLE YOUR CUSTOMERS AND USERS

HR and education solution providers connect their platforms to Velocity Network™
to offer their customers and users seamless issuing and verification
functionality, create corporate value through the monetization of their
participation, build new business models, and enhance existing ones.

Learn more


HOW IT WORKS

One frictionless experience to exchange trusted career records, using the power
of blockchain. 


THE WALLET



Individuals use a career wallet application installed on their device to connect
to their work, school, or license issuers to claim digitally-signed proofs of
their employment history, educational background, skills, and qualifications.
These records are stored privately on the device and the individual controls who
they share their data with.

Click here to see how individuals use their wallets to navigate their careers.


THE CREDENTIAL AGENT



Organizations use the credential agent software to connect to the Network, issue
verifiable credentials, a digital career credentials, to their constituents, and
instantly verify career data shared by applicants, students, and employees.


THE BLOCKCHAIN NETWORK



Each credential issued on the Network has a verification key stored on
Velocity’s high-performance blockchain. While the keys do not hold the
credential data, or any personal information for that matter, they are used by
organizations to verify credentials shared with them by individuals.


THE TOKEN



Issuers and other contributors are rewarded with Velocity Credits. Organizations
buy credits to pay for access to the blockchain to verify credentials. The
Velocity Credit Marketplace is a simple way for participants to trade credits
for cash.


THE FOUNDATION



The Foundation exists to govern the use of the Velocity Network™ by all involved
parties, continuously building the rulebook, a common framework that ensures
operational consistency and legal clarity for every transaction, and guiding the
development of the decentralized protocols.




A CLOSER LOOK AT:



AN OPEN, PUBLIC, AND COMPETITIVE NETWORK

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COMMITMENT TO COMPLIANCE AND PRIVACY PROTECTION

read more


VELOCITY CREDITS: THE REWARD SYSTEM AND PAYMENT RAILS

read more


SECURITY ON THE NETWORK

read more


DEVELOPING A CREDENTIAL WALLET

read more


THE BLOCKCHAIN

read more


OUR COMMITMENT TO SUSTAINABILITY

read more


Copyright 2023 Velocity Network Foundation®. All rights reserved.
Velocity Network Foundation® is a registered trademark in the United States of
America.
Internet of Careers® is a registered trademark in the United States of America.
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