Relational Map coming soon. Learn more about the work we’re doing with AI and view our example prototypes here.
Velocity Network Foundation is a nonprofit membership organization established in 2019 which aims to transform outdated systems of data collection, storage, and transfer of career records through utilization of blockchain technology. The foundation fosters collaboration among industry leaders, developers, and users to create an open ecosystem for trusted, secure, and self-sovereign data exchange. Through use of blockchain technology, Velocity Network Foundation aims to address challenges in data interoperability, security, and privacy while facilitating efficient and transparent data sharing across various industries.
The foundation oversees the governance of the Velocity Network, a decentralized blockchain-based platform aimed at transforming the way businesses share and secure data. Through its governance model, the foundation encourages participation from diverse stakeholders to contribute to the development and improvement of the network. By utilizing blockchain technology, the network provides a secure infrastructure for storing and exchanging data, reducing the risk of unauthorized access or data breaches. Additionally, the Velocity Network Foundation promotes interoperability by supporting industry standards and protocols, making it easier for businesses to integrate with existing systems and workflows.
The Velocity Network provides tools to enable users and organizations to use this public utility. Tools and applications include:
Velocity produces resources to advance best practices and adoption of verifiable credentials, which are digital records that provide secure, tamper-proof evidence of an individual's achievements and skills. A June 2023 document, Velocity Network Foundation Explains Verifiable Credentials in Education, summarizes some of the key concepts and research findings related to the value of verifiable credentials in education.
Founding Members: AON, Cisive, Cornerstone, HireRight, Korn Ferry, National Student Clearinghouse, Oracle, Randstad, SAP, SHL, Sumtotal, UKG, Velocity Career Labs, ZipRecruiter
Velocity Network Foundation Explains Verifiable Credentials in Education (June 2023) - PDF