Review on STASIS EURO by francis fernandez
STASIS EURO: contributing to the digitization of assets
The digital representation of money on a blockchain generates multiple advantages for users in general and the market for monetary assets.
STASIS is a technological mechanism that allows converting a FIAT asset such as the EURO into a digital asset or token. For this process it uses blockchain technology; which allows to record assets and their transactions in a globally distributed ledger in an unalterable way.
What are the benefits of asset tokenization?
Converting a common asset into a crypto asset brings multiple advantages:
• Allows speed in the transfer of digital assets
• It can be sent and received without intermediaries
• Enjoy the security of being registered on an immutable platform with worldwide access
• Reduces the costs generated by intermediaries
• It allows to create open liquidity markets quickly
• It is accessible for people and companies of any economic level
• It allows to design monetary systems in a simple, safe and efficient way
• It allows to create smart contracts to maintain control of currency issuance
• Offers platforms to store assets safely
• It is auditable
• Creates an open market for the acquisition and sale of crypto assets
In addition to these advantages; The use of digital money allows investors and merchants to access business opportunities virtually anywhere in the world, without time limits or borders and with the security guaranteed by blockchain technology.
The STASIS EURO token, known as EUR, is also backed by reserve assets with an equivalence of 1: 1 in relation to the EURO and its accounts are fully auditable on a quarterly basis by a recognized accounting firm. This positions it as an important value platform in the market.
Pros
- Promotes the universal use of crypto assets
- Allows the design of digital monetary systems based on the Euro
- Pursues the inclusion of assets in the digitization of money
- Save costs in asset management
Cons
- There are no disadvantages
