1. What is Palla?

Pallapay is a type of token with the following features:

1. Decentralized Digital Currency: Pallapay is a decentralized digital currency that allows users to conduct cross-border transactions quickly, securely, and anonymously.

2. Decentralization: As a decentralized digital currency, Pallapay is not controlled by any single entity, allowing users to manage their transactions independently.

3. Security: Pallapay uses encryption technology to ensure the security and anonymity of transactions.

4. Cross-Border Transactions: Pallapay supports fast and secure cross-border transactions, making it convenient for users to transact globally.

In summary, Pallapay is a token designed to provide secure, convenient, and anonymous cross-border transaction services.

2. Who founded Palla?

According to the information provided, Pallapay (PALLA) tokens were founded by Vehid Abdullahi in 2017. Vehid is a fintech and banking software expert, as well as an experienced business development manager.

3. What venture capital firms have invested in Palla?

I couldn't find any information on a cryptocurrency called “Palla” or any notable venture capital firms that have invested in it. It's possible that Palla is a lesser-known or emerging cryptocurrency, or it may not have received significant investment from venture capital firms.

If you could provide more context or clarify which Palla you are referring to, I'll do my best to provide a more accurate answer.

4. How does Palla work?

Tokens (cryptocurrency) are a type of digital currency that uses encryption technology to secure transactions and control the creation of new units. Here is a brief overview of how it works:

1. Blockchain Technology: Tokens are based on blockchain technology, which is a decentralized ledger that records all transactions on the network. It is maintained by a network of computers rather than a central authority, making it difficult to alter or tamper with.

2. Transaction Records: Each transaction is recorded in a data block known as a block. These blocks are linked together using cryptographic hashes to form a chain (the blockchain). Once a transaction is recorded and added to the blockchain, it is difficult to change.

3. Consensus Mechanism: The blockchain system ensures the validity of transactions through a consensus mechanism. The majority of participants in the network must agree on the validity of the transaction before it can be recorded in the blockchain.

4. Encryption Technology: Tokens use public key encryption to ensure the security of transactions. Each user has a public key and a private key; the public key is used to receive tokens, and the private key is used to unlock and spend tokens.

5. Farm; Mine: New units of tokens are created through a process called Farm; Mine. Farmers and miners use computer power to solve complex mathematical problems, which verify transactions and create new blocks.

6. Trading and Storage: Users can buy, sell, and store tokens through cryptocurrency exchanges. Tokens are typically stored in crypto wallets, which can be online software (hot wallets) or offline electronic devices (cold wallets).

In conclusion, tokens ensure the security and transparency of transactions through blockchain technology, consensus mechanisms, encryption technology, and the Farm; Mine process.