EOS Network, in order to focus on web3 banking, entered a well -established re -branding process and changes its name to Vaulta. This strategic move includes the creation of a new banking advisory group aiming to combine traditional finance and blockchain technology. In addition, a subcoin change process that concerns existing token owners is planned.
Altcoin EOS will now be Vaulta
Vaulta will maintain its basic features such as smart contract architecture, decentralized database and blockchains connection between the EOS Network’s current technical infrastructure. During this transition process, an important step will be taken in the field of web3 banking by integration with the Bitcoin -oriented digital banking solution with Exat. The price of EOS rose by 24 percent after the development. Coin increased from $ 0.50 to $ 0.65 at night.
The Vaulta Banking Advisory Council was also established as part of this new structure. This council, which includes experts from companies such as Systemic Trust, Tetra and ATB Financial, aims to create a bridge between traditional financial and decentralized systems. “Vaulta’s strategic orientation to web3 banking is an important development for the sector. This step paves the way for traditional funds to enter the decentralized finance system through Bitcoin, Ale
The project plans to cooperate with companies such as CEFFU, Spirit Blockchain and Blockchain Insurance to expand the web3 banking ecosystem. The company is expected to announce new strategic partnerships in the coming months.
What is Vaulta’s strategy?
“This change is not just a name change, it is a stable step taken in our mission to provide open and accessible financial access to everyone.
Vaulta’s web3 banking strategy consists of two basic elements. Blockchain -based services aims to expand the financial ecosystem by adapting for banks and new generation digital banks. At the same time, EXSAT plans to offer a wide ecosystem that includes services such as Bitcoin banking solutions, blockchain insurance and tokenized real world assets.
The network of the network for the last seven years emphasizes the purpose of achieving a stable infrastructure. According to La Rose, the advances made by the network in areas such as speed, safety and coexisiness make it more appropriate to adopt the main current. This re -branding move corresponds to a period in which regulatory frameworks are clear for crypto beings. In particular, the European Union’s regulations such as crypto assets markets (Mica) become more evident, while La Rose is the best time to focus on Vaulta’s web3 banking.
