> For the complete documentation index, see [llms.txt](https://velocity-network.gitbook.io/velocity-network/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://velocity-network.gitbook.io/velocity-network/velocity-network/quickstart.md).

# What is Velocity Network?

Velocity is the world’s first institution-grade infrastructure for Verifiable Credentials. Velocity is built to be the go-to solution for institutions looking to deploy their credentialing frameworks. It combines a robust verifiable credential infrastructure with the first-of-its-kind oracle network that brings verifiable credentials to Web3.

### Velocity Global Credential Network

The most advanced, battle-tested decentralized infrastructure for verifiable credentials — **with over 1 million users and millions of credentials already issued**.

It enables individuals to claim their personal and professional credentials as immutable proofs, stack them in a noncustodial wallet and share them whenever they need to prove their identity, qualifications, or status. 

It’s also the only solution offering native monetization rails for issuers through the $VELO token.

### Velocity Oracle Network - Bringing Verifiable Credentials to Web3

The Velocity Oracle Network brings these trusted credentials on-chain, giving decentralized applications seamless access to real-world trusted career data — unlocking powerful use cases across work, collaboration, and decentralized finance.

Built with compliance and scalability in mind, the network leverages a reputation-based consensus mechanism and enables delegated staking, aligning incentives among validators, data providers, and users. It empowers use cases like on-chain credit scoring, identity-backed DeFi, trustless freelance marketplaces, DAO governance with verified identity, and more.

### $VELOCITY

Velocity utilizes the native $VELOCITY token to secure the decentralized network through Reputation Based Consensus and settlement for transaction fees.

<figure><img src="https://3680021130-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FlfTnLfYf703OmuLHqGJo%2Fuploads%2FpbkMODimxOu5SpPzOkjv%2FClaim%20Stack%20Store%20Disclose.png?alt=media&amp;token=88f5042d-cbe4-4467-b4cb-87714b5229cf" alt=""><figcaption><p>The world’s next-gen infrastructure for Verifiable Credentials</p></figcaption></figure>

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