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EURK Pilot Test Smart Contract is unavailable for security reasons as of 2nd of April. Therefore, EURK will not be available for buying, selling, and exchanging until further notice.
The problem is being resolved by our team of technicians.
We sincerely apologize for the inconvenience caused.
For assistance and/or to report any incident, please contact our dedicated support team at [email protected]
Please stay tuned and await further updates.
EURK Team
With the spread of cryptocurrencies and blockchain technology, new needs arise, such as wallet as a service (WaaS) solutions. Businesses may need help in some aspects while preparing their infrastructure for these trends.
In response to these needs, institutions serving in the field of blockchain offer consulting and cloud-based service models on many different issues. One of the most popular cloud-based service models is "Wallet as a Service''. Join us in this blog as we explore WaaS in detail.
Businesses use this service in the integration process to accept crypto payments methods. Cryptocurrencies are products of blockchain technology, and there are many different types of cryptocurrencies, including stablecoins.
There are also many types of crypto wallets for businesses to choose from to determine which one is most suitable for their needs. Thanks to WaaS, businesses can take simpler steps in this new digital universe where they do not have enough experience.
Businesses that want to benefit from the advantages offered by blockchain technology should integrate their existing systems with cryptocurrencies. In this integration process, they can find answers to almost all their problems with WaaS from a reliable provider, such as Cryptobunq.
Many different complex responsibilities, from creating and managing digital wallets on a crypto exchange to conducting business in blockchain ecosystems, will no longer be a problem for businesses thanks to WaaS.
Businesses have become able to transact cryptocurrencies thanks to the digital wallets they create with WaaS. At this stage, it is recommended to trade stablecoins, such as EURK. Because, unlike other cryptocurrencies, EURK has a stable value with euro power and offers stablecoin liquidity.
For some businesses, blockchain technology is an area they are very familiar with, while for others, it is a mystery. For businesses just entering this new world, pro tips are important.
Wallet-as-a-service offers these tips in the most practical way as a cloud-based service model. The questions that start at the stage of creating a digital wallet increase even more when commercial transfers begin in the future.
Businesses can find the answers to these questions with WaaS and consultancy awareness. WaaS providers offer businesses a simple interface service.
Thanks to this practical interface, a business can easily track different records of accounting units, such as account movements in the wallet and income and expense statements.
They can also monitor the position of their crypto trading on the stock exchange without being affected by the data chaos on the exchange.
Moreover, not only for those who have just been introduced to blockchain technology but also for those who have been using cryptocurrencies in their commercial activities for a long time, WaaS allows them to carry out their transactions in a more practical way.
For example, a business using EURK, one of the trusted cryptocurrencies, can safely track the records of both their crypto investments and the crypto payments they receive.
Moreover, since EURK is a stablecoin, there is no volatility. Thus, the validity of the data they analyze will remain the same in the long term.
To experience the numerous benefits of blockchain technology, we must first have a digital wallet. There are various types of wallets, including crypto wallets, in the digital universe, each with different purposes and structures.
For example, there are software wallets as well as hardware wallets. Hardware wallets are usually tangible storage tools, while software wallets are more suitable for blockchain technology infrastructure. Among software wallets, mobile wallets are the most popular.
While there are widely used ones such as Apple Pay and Google Pay, there are also lesser-known quality mobile wallets that offer a wider range of services. If you need further information about wallets, you can check “API in a crypto wallet” and “DeFi wallet”.
It is sufficient to create a digital wallet on a cryptocurrency exchange in order to receive crypto payments or transfers with crypto assets.
Then it is essential to decide which digital asset to trade. Due to their popularity despite their high volatility, businesses typically prefer Bitcoin or Ethereum.
However, it is also worth considering stablecoins such as EURK, which have a near-zero volatility risk. In this way, businesses can easily control their data through the interface they access with WaaS, while at the same time enjoying the advantages of reliable digital assets.
Businesses would have to allocate a significant portion of the income they earned in return for the product or service they sold in traditional banking to banking services.
Today, thanks to digitalized banking transactions and the development of blockchain technology, commercial activities are completed within seconds and at no cost with an interface provider such as WaaS.
Businesses do not want to miss these advantages and are starting to explore concepts such as digital wallets and e-wallets.
While digital wallets are the area where your data is stored on cryptocurrency exchanges, mobile wallets are services such as Apple Pay and Google Pay. An example of an e-wallet is "Paypal", where you can transfer fiat currencies for certain fees.
All these types of wallets generally do not offer as broad an advantage as wallets offered by blockchain technology. Thanks to your wallet that you have created via wallet as a service solutions, you will no longer have to do anything but experience the advantages of these digital assets.
It is also an important stage for you to decide on the cryptocurrency that will be in circulation in these digital wallets. Stablecoins like EURK, which offer high liquidity and low volatility, are often recommended for businesses.
Because fluctuations are common in other cryptocurrencies, stablecoins such as EURK are produced to maintain a stable value. The most suitable cryptocurrencies for commercial activities are stablecoin types.
With the aid of blockchain technology, Cryptobunq has audited EURK, and it is 1:1 backed by euro currency. Therefore, it provides transparency, reliability, stability, and efficiency as a secure stablecoin for your business.
Two-step verification and strong password determination are the first rules that come to mind to maintain the security of digital wallets. But for scammers, these may not always be the definitive solution, especially in the business field.
It is recommended to establish the security infrastructure with a reliable and referenced WaaS provider, such as CBQ and its custody and wallet solutions. Thanks to WaaS, your security will be ensured without spending your time.
Moreover, it is possible to experience losses from time to time, not because of your security but because of the volatility risk of the cryptocurrency you are trading.
The best way to prevent this is to evaluate euro stablecoins like EURK and develop long-term plans and strategies thanks to their fixed prices.
If you want to invest in stablecoin and choose a reliable stablecoin type, you can trust EURK. Become a partner and start to explore the advantages of EURK for your business and transactions!
