Velo (VELO)

CryptoVelo (VELO)

Velo has a price of $ 0.027335 with a marketcap of $ 33.79 M. It ranks number 505 of all cryptocurrencies.

Velo Labs (VELO) is building a unique federated credit exchange network. This network is powered by the Velo Protocol, which is a blockchain financial protocol enabling digital credit issuance and borderless asset transfers for businesses using a smart contract system. The project’s nr.1 mission is to enable partners to securely and safely transfer value between each other in a timely and transparent way.

The Velo Protocol enables its partners to issue digital credits through a smart contract layer, using the Stellar Consensus Protocol to process and settle transactions. Within its ecosystem, the Velo Protocol enables multiple business use cases that are all based on its core function: issuing collateral-backed digital credits, which correspond to any fiat currency that can be used for frictionless value transfer.

veloVelo
$ 0.027335

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