In response to the demand for transparent and compliant stablecoins, the SCaaS solution was created as a joint offering by Bank Frick, BDO and Quantoz.
In this whitepaper we will consider how the StableCoin as a Service (SCaaS) solution can be used to build and manage a successful loyalty program ecosystem.
Benefit from blockchain technology without the need for an expensive team of in-house experts.
Platform Features
Compliant
A technical and legal compliant platform. All transactions and operations are fully traceable. The solution is built from the ground up to comply with regulatory KYC / AML onboarding processes.
Proven Technology
The stable coins platform has been in operation since 2015 and configured to meet the client’s goals and business processes. It is deployed off the shelf and reduces the costs, complexity and risks of developing in-house solution.
Collateralized
The total number of stablecoins in circulation can be backed by assets held in reserve.
Fully Auditable
To verify that the fiat collateral reserve corresponds to the issued stablecoins to ensure the pegged value. The solution offers fully auditable bookkeeping between fiat and token transactions.
User-friendly
The platform comes with an intuitive interface, which does not require any previous knowledge or technical skills regarding things as digital wallets, crypto trading or crypto handling.
Closed-loop setup
Under PSD II this type of stablecoin can be issued without an e-money license.
Stablecoin Benefits
No Volatility
Benefit from the advantages of cryptocurrency without the volatity risk
Gateway to Traditional Finance
Interface between the traditional financial and the crypto-asset markets
Fast
Speed up settlement times for international transactions
Cost-Effective
Low transaction fees and protection from local currency crashes
Ready to start your project?
Can your business benefit from tokenization? Let us take care of the technology. We are experts in blockchain, digital wallets, crypto trading, handling and compliance.
