Cashaa

Cashaa is a gateway to consumer-centric and affordable financial products aimed at consumer adoption of Blockchain without having to understand the technical details of Blockchain technology. Cashaa’s wallet system, integrated with the peer to peer exchange with full spectrum of fully digital financial services, enables its community to save, spend, borrow and get insured, with a simplified user experience in a legally compliant way.

Token Name        : Cashaa token    Token Symbol     : CAS Token Base          : Ethereum EIP20 Token Pre-sale    : October 20 – 30, 2017 Token Sale Start : November 6, 2017 Token Sale End   : December 5, 2017

Hardcap               :32,000,000 USD Price                     : 1 CAS = 0.10 USD

https://cashaa.com

https://cashaa.com/pdf/Cashaa_WP.pdf 
 

Introducing CASHAA

Next generation banking platform for the next billion.

Cashaa's team builds a next generation model for financial services based on technology blockchain and artificial intelligence that will empower devices with biometric identification systems solve existing financial system problems for uneducated and populated populations.

Vision:

We believe there should be an efficient alternative to banking and payment systems. Our blockchain based payments system is aimed at lowering the barriers to financial inclusion and providing connections to financial and apparently unbanked.
Our vision is to build payment infrastructure and banking for the future. in the tough AI blockchain infrastructure that could make the system obsolete, generating inheritance creates value for the world.

Product:

As a product-based company, our focus is solving problems by using annoying technology to create products and services for simple and easy use. At Cashaa we are working to build the next generation of consumer-centric payments and banking products on target to be the most cost-effective and innovative available on the market.

CASHAA Has Basic Principles:

Produce financial products for Banked and Unbanked: Cashaa's digital and transparent services not only appeal to turning residents but also can provide solutions for financial inclusion to 2.5 billion unbanked and underbanked 1 billion globally, thus creating uniqueness. cross platform that can serve the entire population.

Facilitate Low Exchange: send money across the border quickly, with small flat fees is a fraction of the current cost, the current average of 7% 16 technology Platforms in industry supported by our network of leading traders can protect your money. and offers a Foreign exchange rate (FX) 17 each time you use Cashaa.

Enable investment in the Global Economy: Cashaa products can allow users to access the global economy in a way that is decentralized. They can facilitate the transfer of values ​​across borders enabling greater portfolio diversification with higher yields.

Dedicated to communities with open fires can: create the next generation to solve the greatest financial challenges in the world. The developer SDK and open our APIs with integrated biometric and integrated intelligence services will accelerate the growth of digital innovation.


How CASHAA works:

In short, Cashaa bridges the forex market with the cryptocurrency market by matching card senders and kriptocurrency traders. The payment platform allows people to send money worldwide with a low fixed fee of $ 1.
For example, you want to transfer money for remittances from England to India. You will exchange your British Pounds with Indian Rupee.
The way Cashaa platform works is to match your request with a cryptocurrency trader who wants to sell bitcoin in return for British Pounds. The platform will then find other merchants in India who want to buy bitcoin and pay it at Indian Rupee. Rupee goes to the receiver you want.
This creates an ideal win-win situation for money senders and cryptocurrency traders. Cryptocurrency traders are happy because they have access to higher liquidity and trading opportunities. On the other hand, cash shippers are happy because crypto traders compete for their money. And best of all, their money is sent to their destination without unreasonable transfer fees.
According to Kumar, this innovative method can bring the power of cryptocurrency to more than 99% of the world who do not know a single thing about cryptocurrency or blockchain. And since these are all supported by smart contracts, there is no hassle of dealing with traditional crypto exchange and wallets or the fear of getting scammed.                                

Cashaa boldly states on its website that they are the “next-generation banking platform for the next billion.” To break it down, Cashaa is a peer-to-peer payments platform built on the blockchain for both cryptocurrency and fiat.

The team believes with their innovative payments platform, they’ll be able to eliminate any financial barriers that prevent the billions of unbanked or underbanked individuals from the benefits of modern financial services. This is not to say that Cashaa won’t be useful to those that are banked, but the benefits are more obvious to those who aren’t as fortunate.

Cashaa is essentially a platform that matches cash senders and cryptocurrency traders, depending on the request. You can kind of think of it as an automated marketplace for the forex and cryptocurrency market.

Let’s take a look at a very realistic scenario. You are in the United States and you’re trying to send money to your family in the Philippines, however your family is underbanked and do not have access to services like bank wires.

The CAS token is built as an EIP-20 (former ERC-20) token on the Ethereum blockchain. CAS is a utility token with some interesting functionalities. There are two main functions for the tokens: fueling the internal mechanism of the Cashaa ecosystem & the governance component of the Cashaa system.

Membership — CAS tokens are required to use the Cashaa Platform. Each Cashaa wallet will need a predefined amount of CAS, and cannot work without the minimum.

Cashaa divided the system into two major point. The first thing is by using Cashaa as the traditional remittance services, and the second is by creating its traders market from the remittances orders.
Comparing with the traditional remittance Cashaa was offering cheaper remittances. There will be no fees for sending money, the platform will only charges £1 as the guarantee for a fixed exchange rate. There are a lot of remittance companies that also using bitcoin, but it will be much different with the new opportunity by Cashaa platform and its features.
By using the platform, users were able to processing cash payment, able to process all payment even if the users or receiver have not to interact with bitcoin, able to made an investments with Cashaa products, and open API integeration. To gain more power into the platform services, Chashaa will also build a working partner with remittance agents.

TEAM

The team and advisory board are composed of passionate people with more than 200 years of payments and banking experience. The team includes successful entrepreneurs who built their companies from scratch which are now part of Fortune Top 15 companies.    •   Kumar Gaurav (Founder and CEO)

   •   Celestine Vettical (Chairman)

   •   Dominic Melo (Chief Payments Officer)

   •   Francesco Zorgno (CIO)

   •   Felice N. Covelli (Co-Founder and CFO)

   •   Janina Lowisz (VP Marketing/PR)

   •   Rakesh Lakhey (EVP Sales - Asia)

   •   Enrique Lau (EVP Sales - Latin America)

   •   Simo Mcunu (VP Sales - Africa)

   •   Venkatesh Krishnamurthy (VP Sales - Middle East)

   •   Dr Leonard Krasniqi (VP Sales - Europe)

   •   Amjad Raza Khan (VP Technology)

   •   Dinesh Chaturvedi (VP Enterprise Practice)
 Source for more information :
https://cashaa.com/
https://www.facebook.com/cashaaLtd/
 https://twitter.com/CashaaLtd


by pageraji

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