You can invest. This is just a suggestion. Whether you can invest or not depends on your own subjective judgment. Velo was founded in 2018 by a joint venture between the Chinese multinational giant and Thailand’s largest business group, Charoen Pokphand Group. At the beginning of its establishment, Zhengda Group directly invested US$20 million in Velo. We are gradually using Velo for fund management, trade financing and settlement, and are providing implementation support for Velo through Zhengda Group in business lines such as finance, retail, supply chain, telecommunications, real estate, media, pharmaceuticals, agriculture, animal husbandry and food. Including 12,000 7-11 convenience stores, multiple banks, Zhengda Plaza, Zhengda Youxian, Zhengda e-commerce and other heavy payment scenarios.

1. Velo Lab’s vision is to establish a joint credit trading network authorized by the Velo protocol. As a financial protocol, the Velo protocol can issue digital credits anchored in any legal currency and guarantee that these digital credits are always guaranteed by an appropriate number of VELO certificates, thus ensuring that the ratio of digital credit to legal currency value is 1:1. With the support of Stellar Network and CP Group, Velo Labs currently provides services to ecological partners in Southeast Asia. By connecting the traditional finance, centralized finance (CeFi) and decentralized finance (DeFi) industries, Velo Labs’ federated credit trading network has positioned Velo Labs as one of the few blockchain projects with a clear mass adoption scenario.

2. In terms of technology, the joint credit trading network developed by Velo Lab is a distributed network with an access mechanism. Inside the network, there is no central node and all data is sent from one user to another via the shortest available path. Trusted partners issue digital credit pegged to any stable currency for day-to-day operations. The settlement of these digital credits is guaranteed by Velo tokens. The Velo token thus bridges the value of different asset types and enables liquidity in and out of the Velo credit exchange network.

3. Up to now, O Lab has cooperated with CP Group, Lightnet, Visa, UOB Veloture, Seven Bank, Uni-Presiedent, HashKey Capital, hope shine-tures, Capital, Du Capital, Hanwha Investment , Kyber Network, Terra Network, Matrixport, Asia Digital Bank and other well-known companies have established partnerships to jointly empower the cross-border payment ecosystem of Velo Labs. Currently, Velo Lab has completed the establishment of the joint credit trading network and the first online transaction between partners. In 2021, Velo Lab will further promote the implementation of cross-border payment scenarios of the United Credit Transaction Network by deepening cooperation with partners, and will also provide richer ecological support for its network such as wallets, mobile portals, digital lending solutions, etc. .