We talk about how Velo Labs, based in 2018, is remodeling finance with blockchain expertise. Led by Mike Kennedy, co-founder of Zelle, the corporate is concentrated on fixing international challenges like cross-border funds. Velo Labs makes use of blockchain to allow sooner, cheaper, and safer transactions, significantly benefiting underbanked areas. Its advisory workforce contains blockchain pioneer Jed McCaleb, co-founder of Stellar, and professors from Stanford and MIT, guaranteeing a mix of technical and financial experience. Velo’s digital credit score system permits companies to problem fiat-backed credit, decreasing prices and bettering effectivity. By way of strategic partnerships and modern options, Velo Labs is reshaping the way forward for finance, driving monetary inclusion, and constructing a extra related international financial system.
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