The EOS network leaves behind its original name to give the vault a way, a project that promises to put itself as a bench pillar in the web age.
This initiative was announced by the Foundation behind the network As part of the technique to revive the ecosystem And draw the attention of a market in constant evolution.
Such as explained, this Transition retains existing technical infrastructure with its cute deal architectureDecentralized database and connection capacity in the block chain.
Despite its potential, the network’s cryptoactive network has fought to maintain its first day’s brightness. On April 2018, the cryptocurrency reached a historical tihasic maximum of $ 22, However today is 97% below this figureThe
However, the vault declaration seems to have given a new persuasion injection. Last 24 hours, EOS prices have increased by 15%to the top of $ 0.49 to $ 0.64Then stabilize at $ 0.56.
Committed to the web bank
The Foundation’s statement indicates that “the EOS network is about to define the banking landscape as a few years after laid the foundation between racks.”
This is the new proposal He focuses on becoming a financial ecosystem that combines security, scalability and inclusionWith increasing global interest in cryptocurrencies and the opportunity to demand disruptive financial products, he said.
In order to achieve this, the team plans to integrate the platform with the exhaust, A digital banking solution focuses on Bitcoin, as part of its web 3 bank visionThe
Also, the conversion includes an exchange of tensivoli scheduled tokens by the end of May. If the proposal is approvedEOS holders will be able to exchange their resources for new token vaultThe The Token Volta Ticker’s details will be published later. The exchange will be bilateral for four months, which allows users to exchange their token without problems in the ratio of 1: 1.
The statement said, “Web 3 is developing. Underlined the intention to connect the Traditional to Digital Property Decentralized.
It is important to highlight The network will not give something that others like Bitcoin, Etherium, Solana … do not offer (Cross -board payment, tokenization, etc.). The name change and rebuilding technique seems to have responded to marketing more than a real innovation to revive a platform that has lost relevance in recent years. With the help of the vault they try to separate themselves in a competitive market or it can only be an attempt to recover the lost area.
New Horizons: Real World Resources and Control
The brand change appears at a key moment for the cryptocurrency sector. Volta Bates on Real World Assets (RWA).
This is an indifferent niche that describes by cryptopidia, the educational section of cryptotics, Real estate features or raw materials, as well as inherent elements such as bonds or copyrights, find clear materialThe This method responds to the growing interest of protocols that try to attract institutional actors in place of decentralized money.
At the same time, the project is combined with a regulatory environment that begins to shape. In the European Union, the Cryptive Markets Act (MICA) goes into effect on December 30, providing a clear structure for digital assets.
An advisory council to lead the way
To support your attitude, the Volta Banking Advisory Council has created a team comprising banking, fintech and web glasses emojiweb 3 sector leaders.
This team will work on the integration of Traditional money with new technology, according to the Foundation, which wants to convert users and digital resource management experiences.
