Velo, a blockchain technology provider, has released its latest Litepaper, which focuses on integrating Real-World Assets (RWA) and PayFi into the blockchain space. The upgrade aims to increase the liquidity and availability of traditional assets and bring Web2's loyalty programs onto Web3, making them accessible to clients. Velo's ecosystem enables the trading of fractionalized tokenized real-world assets, such as treasury bills and gold, allowing users to own fractions of these high-value assets and improving their liquidity. Additionally, Velo's PayFi solution bridges the gap between Web2 and Web3 loyalty systems, offering greater flexibility and utility for loyalty points. The Litepaper also emphasizes the broader applications of tokenized assets and PayFi, making it easier for users to engage in crypto payments and asset management.
- Content Editor ( blockchainreporter.net )
- 2024-10-13
Velo Protocols Publishes New Litepaper, Targets Blockchain Innovation with RWAs and PayFi