Sponsor Profile

Velas AG
Gold Sponsor

VELAS AG headquartered in Crypto Valley Zug, Switzerland is the first AI-operated delegated proof of stake blockchain, that allows to build decentralised applications and smart contracts on its mainnet, and ables scalability of the transactions, being able to validate 30 000 transactions per second thanks to Schnorr signatures. Through the use of intelligent AI-operated DPOS consensus algorithm, corruptible human dependencies are removed resulting in a fault tolerance system preventing most major issues like the 51% attack and nothing-at-stake problem.