#Vaulta ## Background and Information on Brand Transformation
On March 18, 2025, the scalable blockchain infrastructure EOS Network officially announced its rebranding to Vaulta, marking its strategic transformation towards Web3 banking services. This transformation is accompanied by a token swap scheduled for the end of May, pending proposal approval, where EOS tokens will begin to be exchanged for new Vaulta tokens starting in May.
## Core Business Areas
Vaulta is a Web3 banking network aimed at bridging the gap between traditional banking and decentralized digital assets, focusing on four core areas to bring value to institutions and consumers: wealth management, consumer payments, portfolio management, and insurance.
## Technical Infrastructure
Vaulta plans to retain its technological infrastructure from EOS Network, including smart contract architecture, decentralized databases, and inter-blockchain connectivity. This cross-chain system will feature 1-second transaction finality and support C++ and EVM-compatible smart contracts. It is built on a dynamic and flexible infrastructure that supports customizable virtual environments (such as Vaulta EVM and exSat) to provide complete data availability and seamless inter-blockchain communication, with zero downtime, instant finality, and some of the lowest transaction costs in the market.