Velocity Network Technology Becomes “Verii” Under the Linux Foundation’s LF Decentralized Trust Initiative 

As part of its long-term vision for growth, the Velocity Network Foundation (VNF) has officially begun transitioning its core technology stack—now known as Verii—to the Linux Foundation’s Decentralized Trust (LFDT) initiative. This move includes the Velocity wallet SDKs, registrar services, credential issuer and verifier agents, and payment tools, all of which will now be stewarded within the Linux Foundation’s globally respected, community-driven open-source framework. This strategic collaboration ensures that the technology behind the Velocity Network will continue to scale, evolve, and benefit from world-class technical governance and infrastructure. By joining forces with the Linux Foundation, VNF secures a future where its credentialing architecture can thrive within an open ecosystem—fostering transparency, trust, and sustainability. For more, watch the introductory video, view the overview presentation, or explore the Verii codebase on GitHub.