Territorium Joins Velocity Network Foundation
Territorium, a global education technology leader with over 12 million users worldwide, has become the newest member of the Velocity Network Foundation, a nonprofit member-based consortium of multinational, enterprise labor market companies with a shared goal to become the world’s first blockchain-powered “internet of careers.”
Earlier this year, Territorium launched LifeJourney, an AI-powered toolkit designed to facilitate the intersections and transitions between K-12, higher education, and workforce readiness. Through this partnership, Territorium will be able to increase LifeJourney users’ access to verified credentials, allow users to exchange credentials among members, fully integrate into the Velocity Network’s blockchain solution, and develop better access and connections to employers worldwide.
“We are excited to join the Velocity Network Foundation, a proven organization that is driving the next generation of talent,” said Joe Green, Vice President of Product Strategy. “The Velocity Network Foundation and Territorium share the same mission of putting the power in the hands of the individual to control their own verified data and outcomes. We believe this is essential and are happy to provide the technology solutions that empower individuals to take hold of their employment opportunities. The Velocity Network will make verifying Territorium’s millions of credentials much easier for prospective employers.”
Velocity Network Foundation® is a non-profit membership organization hosting the leading workforce-tech and ed-tech vendors and solution providers, as well as NGOs and industry associations representing major labor market stakeholders. Together, they are on a mission to build the next-generation data utility layer underlying the global labor market, Velocity Network™. The Network is a game-changing, blockchain-based, decentralized utility layer that reinvents how education and career records are shared between individuals and organizations, replacing the outdated, fragmented way talent represents their career reputation across the labor market.
Territorium is a global education technology company dedicated to bridging the gap between learning and employability. Territorium’s solutions enable students to take control of their digital credentials and improve their lifetime earning power through personalized learning, assessments, and career opportunities with a data-rich, skills-based comprehensive learner record (CLR) of each learner’s capabilities.
About the Velocity Network Foundation
Velocity Network Foundation® is a non-profit membership organization hosting diverse labor market stakeholders from across HR tech, education tech, gig and freelance platforms, contingency workforce, job search platforms, background providers, assessment processors, non-profit and multilateral organizations, employers, and educational institutions.
The Foundation is responsible for the governance of Velocity Network™ and the use of the Network by all involved parties. It is responsible for continuously building the rulebook, facilitating the provision of Network services in a safe and compliant manner, and guiding the development of the decentralized protocols.
For additional information, please visit velocitynetwork.foundation.
Territorium is a global education technology company that makes learning and skills acquisition more accessible and measurable. Territorium’s solutions enable educators and companies to deliver, test, measure, and record learning and skills acquisition wherever it happens. Territorium is certified by 1EdTech for Open Badges and an industry-leading Comprehensive Learner Record (CLR) and has supported over 12 million users worldwide. Territorium serves Fortune 100 companies, education service providers, technology organizations, education ministries and systems, K12, post-secondary institutions, and workforce providers.
For more information, visit www.territorium.com