In this article we will talk about one of such platforms - Cashaa
Cashaa is a platform, or in other words - an online bank that is a server where various financial products are placed, withdraws value and works based on Blockchain technology, as mentioned above. Cashaa's electronic wallet offers a variety of services: easy to take out loans, buy goods with proper savings, transfer money, etc. At the same time, the platform has an interface available to each user.
Most of the world's population has already heard about the crypto currency, or has dealt with it. Many are frightened by the uncertainty of the "new" concept, while others simply suffer from a lack of knowledge or personal experience of mutual work with it. Therefore, companies or platforms began to appear more often, whose work is aimed at simplifying the introduction of tokens into the broad masses. One of them is the company
The important place in our lives is taken with the payment procedure of various payments, or rather, wasting time in the queue at the bank. Of course, in the last decade, technology has stepped forward significantly, but mankind has not stopped at this point and is looking for new progressive methods to work with money.
Not the last place here is occupied by the currently used special popularity of crypto-currency, created on the technologies of blocking. Electronic money is distributed, and accordingly, there is a need to "adjust" payment systems for this currency. So there was an idea of creation of the bank platforms, allowing on their basis to carry out every possible bank operations with use crying out.
Vision Cashaa
We believe there should be an efficient alternative to existing payment and banking systems. Our blockchain-based payments system aims to lower financial inclusion barriers and provide financial services to the banked and unbanked. Our vision is to build the payments and banking infrastructure for the future
The main advantages of Cashaa, in comparison with similar systems, are:
1. Ability to add financial opportunities for banking and non-banking services, which are as simple and transparent as possible, but at the same time have a huge bandwidth.
2. Cooperation with budget currency exchanges, which allows you to transfer funds abroad without spending any extra time or money.
3.The possibility of investing in a global market economy. The system itself chooses the most favorable conditions for working at the international level.
The platform was created in India, where the issue of involving the maximum number of residents in a single settlement system is especially relevant. At the same time, we should not forget that the level of development of the population of different castes is different, that's why the creators had to come up with a universal and simple product. And they did it. To understand Cashaa, you do not need to be a genius in the field of blockade technology. It's enough just to install Cashaa, and then the adaptive interface of the system will help the client to understand the proposed functions.
* Technology
Cashaa token is implemented using Ethereum EIP-20 (former ERC-20) standard. The token is accepted and traded 22 in Cashaa own services, but is also compatible across different Ethereum wallets and exchanges. Cashaa blockchain technology stack is not limited to Bitcoin and Ethereum. When applicable, Cashaa uses different blockchain technologies to decentralize its products. This will give benefits of robustness, transparency, compatibility and scalability to Cashaa users.
* Virtual Cards
Each Cashaa Wallet includes a Cashaa prepaid card which complements the wallet. Physical prepaid cards are the most convenient way to connect virtual assets in the finance sphere. Through Cashaa card issuance partnerships with global payment networks, cards can be accepted by more than 39 Million merchants as well as POS terminals, the adoption of which is growing exponentially with 3 Million ATMs, which enable to withdraw cash worldwide.
Our ecosystem
Cashaa connects businesses and individuals in Blockchain to the existing financial world in a decentralized way. The Cashaa platform consists of decentralized exchanges, liquidity provider mechanisms, messaging network clearinghouses, and asset backed blockchain gateways. Our financial technology combined with mainline fiat will enable real-time exchange, peer-to-peer exchange rates and agnostic payment services across all Blockchains.
Platform is elastic, safe and tough
This network is designed as a highly performing system utilizing an interconnected block construction, while cleaning and completion occur over the CasChain Layer, the cost of protecting the value of the transaction is destroyed to another chain in a way that directly promotes the value of the chain.
Unlimited User and still carry Liquidity
The Cashaa network is intrinsically agnostic between fiat money and decentralization. Billions of mainstream users in countries with the largest growth in the world will be possible to make the transition from the use of fiat money using decentralized currencies such as BTC, ETH and others.
Supported by AI and Blockchain
The world needs a financial platform ruled by AI and secured in Blockchain. Cognitive bots will perform data analysis, price prediction, risk assessment and forex transactions for them.
It is worth mentioning about the exchange currency of the platform Cashaa: unique tokens - CAS. Possession of them makes it possible to register in the system and use all the services offered. In addition, tokens can be exchanged for real currency, which then can pay for goods and services.
To become a holder of CAS tokens, you need to participate in their sale, called ICO Cashaa, which has already started on November 6 this year and will last only until December 5. In total, about 1,000,000,000 CAS tokens are planned for release, which work on the Ethereum standard ERC-20. For sale at public auction, 510 million tokens are offered, while it should be noted that for the launch of the project it is necessary to implement tokens worth at least $ 2.5 million. In general, the founders hope to gain from the sale of tokens about $ 32 million. After how the ICO will end, all unsold tokens disappear and can not be resumed.
Distribution Tokens
Cashaa Limited affiliates will issue a one-time total of 1 Billion CAS, which is distributed into three categories, using an Ethereum based smart contract.
Team Cashaa
Kumar Gaurav - Founder and CEO
Celestine Vettical - Co -founder and President
Dominic Melo - Chief of Payments
Francesco Zorgno - Director of Investments
Felice N. Covelli - Co -founder and CFO
Janina Lowisz - Co -founder and VP Marketing
Rakesh Lakhey - Sales Director - Asia
Simo Mcunu - VP Sales - Africa
Enrique Lau - EVP Sales - Latin America
Venkatesh Krishnamurthy - VP Partnerships
Amjad Raza Khan - VP Technology
Bernard Lietaer - Strategic Advisor
John Henry Clippinger - Strategic Advisor
Tim Campbell - Marketing Advisor
Richard Kastelein - Blockchain Media Advisor
Akash Gaurav - Blockchain Network Advisor
Alex Norta - Architect Blockchain Advisor
Winston Gilpin - Venture Capital Advisor
Anil Elara - Fintech Councilor
Colum Rafferty - Payment Consultant
Dinesh Prasad - Strategic Advisor (India)
Rajesh Dhuddu - Payment Consultant (India)
To find out more information about our project you can visit the Official website link and about the design you can read through whitepaper that already exist accept
Website: https://cashaa.com/
Whitepaper: https://cashaa.com/pdf/Cashaa_WP.pdf
Discord: https://discordapp.com/invite/FUfUVJx
Twitter: https://twitter.com/CashaaLtd
Telegram: https://t.me/CashaaLtd
Ann Thread: https://bitcointalk.org/index.php?topic=2272412.0
My Profile link: https://bitcointalk.org/index.php?action=profile;u=1226701
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