Review on STASIS EURO by Özgün A
European partnerships go digital
STASIS Eurs is a digitalized version of fiat money (euro). It is fixed at a ratio of 1: 1. It is stable and is not affected by price fluctuations. In fact, this project acts as a gateway between assets. It allows the euro to be used in the digital field. In other words, it acts as a bridge between crypto money and fiat money. It is tokenization.
STASIS Eurs also has a mobile application. It works pretty fast and is useful.
STASIS Eurs has 3 unique features. These;
1) Mutual transactions with daily statements.
2) Regular verification of transaction records by a world-renowned auditing company.
3) Monthly verification of transactions by four different companies.
In fact, STASIS Eurs is not a decentralized project. Because the controls are done regularly. Transaction records are checked.Costs are very low as transactions take place without intermediaries. Reserves are verified every month.
As a result; The STASIS Eurs project is not yet fully developed. I think the reason for this is that the payment areas are limited to Europe only.
Pros
- It has high security procedures.
- They have huge business partnerships.
- In order to achieve balance, assets are constantly tokenized.
Cons
- It is vulnerable to problems in the Ethereum network. No regulation has been made.
