TLN Documentation
Overview
Skill shortage, accelerated turnover, contingent workforce, and gig economy drive a volatile and disruptive labor market. Yet, individuals and businesses still rely on costly, self-reported, and slow methods to exchange employment history, professional achievements, and educational certification data that are key to most employment-related processes.
Velocity Network Foundation® is on a mission to fix the broken data layer underlying the global labor market. We set out to reinvent how career records are shared across the global market, empowering individuals, businesses, and educational institutions through transformational blockchain technology - public, open, trusted, and self-sovereign. We call it the Internet of Careers®. As a matter of fact, today’s labor market’s data exchange infrastructure has more in common with the outdated postal service than this generation’s digital world.
The right to work, to free choice of employment, is a basic human right. The breadth and free flow of individual career data are key to personalized guidance and better opportunities. Velocity Network™ is built to be the world’s network for verifiable and trusted career credentials, designed for the digital age. It’s governed by Velocity Network Foundation®, a membership nonprofit that set out to give people back control over their career assets and build a globally accessible, trustworthy utility layer that connects the world of work.
Velocity Network™ is powered by blockchain technology, making it trusted, private, and effortless for people to take ownership of their career credentials, choose whether to share them, decide how that data is used by others, and in the future even sell data and earn income on that sale, creating an economy around the ownership and transfer of valuable career-related data.
At the same time, employers and education providers will be able to rely on trusted, immutable, and verifiable employee, student, and candidate data, seamlessly and cost-effectively eliminating hiring risks, boosting productivity, improving employee experience, and achieving regulatory compliance.
Vision
Skill shortage, accelerated turnover, contingent workforce, and gig economy drive a volatile and disruptive labor market. Yet, individuals and businesses still rely on costly, self-reported, and slow methods to exchange employment history, professional achievements, and educational certification data that are key to most employment-related processes.
Velocity Network Foundation® is on a mission to fix the broken data layer underlying the global labor market. We set out to reinvent how career records are shared across the global market, empowering individuals, businesses, and educational institutions through transformational blockchain technology - public, open, trusted, and self-sovereign. We call it the Internet of Careers®. As a matter of fact, today’s labor market’s data exchange infrastructure has more in common with the outdated postal service than this generation’s digital world.
The right to work, to free choice of employment, is a basic human right. The breadth and free flow of individual career data are key to personalized guidance and better opportunities. Velocity Network™ is built to be the world’s network for verifiable and trusted career credentials, designed for the digital age. It’s governed by Velocity Network Foundation®, a membership nonprofit that set out to give people back control over their career assets and build a globally accessible, trustworthy utility layer that connects the world of work.
Velocity Network™ is powered by blockchain technology, making it trusted, private, and effortless for people to take ownership of their career credentials, choose whether to share them, decide how that data is used by others, and in the future even sell data and earn income on that sale, creating an economy around the ownership and transfer of valuable career-related data.
At the same time, employers and education providers will be able to rely on trusted, immutable, and verifiable employee, student, and candidate data, seamlessly and cost-effectively eliminating hiring risks, boosting productivity, improving employee experience, and achieving regulatory compliance.