In his 2005 book “The World Is Flat”, New York Times Journalist Thomas Friedman posits that a borderless world of commerce is inevitable. He believes that the rapid development of technology is creating a level playing field for individuals around the world. Today, the world is increasingly resembling the “flattened” landscape that Friedman proposes. As technology progresses, the old barriers that once fragmented the world are gradually being torn down.
The end of geographical barriers
With the widespread use of the internet, people can now connect with others in previously unreachable parts of the world. Residents of small towns in…
Inception, a financial services company that provides easy cross border remittance services in SEA, has recently formed a partnership with Velo Labs. The goal of the partnership is to transfer a significant portion of Inception’s remittance services to blockchain by 2022.
Inception marked the opening of its first corridor in Indonesia in the middle of 2020 and since then, they’ve grown considerably. By the end of 2021, they are expected to process over 34M USD in remittance volume across Malaysia, Philippines, Singapore and Thailand.
The partnership will use Velo’s new blockchain settlement network in Inception’s live corridors.
This marks the…
Sep 2, 2021 — Dear Velo Community,
Velo Labs is currently experiencing some technical issues that may cause difficulties in trading activities on certain exchanges for a period of 3-4 weeks. We apologize for any inconvenience and appreciate your understanding.
If you have any questions or concerns on whether this will effect your trading activities, please feel free to reach out to us through our official channels:
Anchor. The word likely conjures up images of rough seas, rusty chain links, and heavy cast-iron plunging into the ocean depths to stabilize a drifting vessel. Well, in the same way that an anchor provides critical stability to whatever it’s attached to, the concept of a “Velo Anchor” in the Velo ecosystem holds just as much weight.
So what exactly is a “Velo Anchor”?
A Velo Anchor, put simply, is a regulated financial institution that bridges the gap between traditional payments networks and the Velo Protocol, with each performing core functions that ensure the health and viability of the Velo…
In case you missed it, here’s the transcript of the recent AMA with our CEO, Mike Kennedy.
Hello Velo Community! Thanks for joining us. I’m David of Block Journal, we’ll be moderating the AMA today. And we’re super excited to be sitting down today with Velo’s CEO, Mike Kennedy, to discuss some recent Velo news and answer some of your questions.
Before we get started, just a quick outline of today’s agenda:
First in Part 1, this group will be muted as we meet with Mike. Mike’s here to discuss the news surrounding Velo’s exciting new milestone, plus a…
SAN FRANCISCO| PARIS| BANGKOK - August 10, 2021 - Velo Labs, TEMPO Payments, and Bitazza Thailand have opened up a remittance corridor between 27 countries in the EU region and Thailand.
The cross-border transactions leverage the Velo Protocol, Velo tokens, and Velo digital credits, which are one of the most compliance-friendly and price-stable virtual assets. Plus each transaction settles in seconds, thanks to the speed of the Stellar blockchain. …
This week in our Team Spotlight, we are delighted to introduce our Chief Technology Officer, James Wu.
James is an established and driven technology leader, with a background in core enterprise software development and systems integration at some of the largest organizations in the world. With over 2 decades of Information Technology experience, he has a strong passion for delighting customers and creating amazing technology with exceptional quality.
James on Velo Labs:
“The Velo protocol is designed to bring efficiencies to many use cases for both large and small companies. From a technical standpoint, our key focus is designing a…
Stake your VELO on KuCoin and Earn up to 45% APR
To express appreciation for the VELO community, users can stake their VELO tokens on KuCoin and earn up to 45% APR returns on their staked tokens (excluding POL mining).
For this offering, the subscription period will start from 27 July 2021 10:00 to 1 August 2021 15:59 (UTC).
Participants can stake VELO tokens in either of the three and earn up to 45% APR in return. Details are as follows:
Subscription period: 5 days (27 July 2021, 10:00 (UTC) — 1 August 2021, 15:59 (UTC))
Expected APR: 35%
Today in our Team Spotlight, we feature Mike Kennedy, the newly appointed CEO of Velo Labs.
Mike Kennedy is a proven expert and innovator in the financial services industry, with more than 25 years of strategic and managerial experience, the first half at some of the globe’s largest institutions, with the last decade founding and leading some of the most innovative payments startups in the world.
Mike Kennedy on Velo Labs:
“Velo Labs is revolutionizing international payments with blockchain technology to move money faster, cheaper and safer. We are delivering the future of international payments through our innovative products and…
In case you missed it… our Vice Chairman, Tridbodi Arunanondchai, had a chance to sit down with Miss OKEx and the Velo Community, to answer a few questions about Velo Labs and the future of cross-border payments.
Hello everyone and thank you very much for joining us today! Thanks OKEx Thai Community for having me 😊 My name is Anne, I’m more known as Miss OKEx on Facebook where I’ll be sharing a piece of my life as well as the latest updates and tips on the OKEx’s platform.
It’s my pleasure today to be the host of an…