
Velas Network AG is a technology company that operates a high-performance blockchain platform designed to support a wide range of decentralized applications (dApps). The Velas blockchain is notable for its use of the Artificial Intuition Delegated Proof-of-Stake (AIDPoS) consensus mechanism, which aims to enhance the network's scalability, speed, and security. This mechanism allows Velas to offer fast transaction processing and low fees, making it suitable for various applications including DeFi, NFTs, and more. Velas also emphasizes interoperability, providing tools and features that enable seamless integration with other blockchains and ecosystems. The company's website, located at https://velas.com/, provides further information on its technology, team, and ongoing projects.