CASHAA: Innovative Banking Platform without traditional bank account
Well this is where cashaa present to handle this problem allows us to send money to other countries and also has many advantages. cashaa is very useful for us very help us in sending money to various countries what is really casha? let us discuss in depth.
What is cashaa?
Cashaa is a company established in 2016 that has built an innovative banking platform that allows anyone, with or without a traditional bank account, to exchange and transfer money and crypto emergency. Cashaa has developed a beta version and tested its solution with 12,770 users in 141 countries with transactions worth $ 10 million dollars.
The company will allow billions of banks that do not have global rates of return, providing banking services such as money transfers, remittances, micro loans and future peer insurance to billions that are not eligible for traditional banking services now. These ambitious banking services will be built entirely within the blockchain and judging by their beta test, there is strong demand for this blockchain banking service especially the remittance service. What Cashaa developed is a solution that will leverage crypto liquidity among crypto traders in the background.
How does cashaa work if implemented in the real world?
The remittance industry is a 575 billion industry (according to the World Bank) and millions of foreign workers send money back to their home country every month while paying exorbitant transaction fees ranging from 3% to 20%. Although this sounds complicated, it will be highly invisible to users who want to send money to their home cities in different countries.
i will give an example of how Cashaa works in indian country working in malaysia want to transfer $ 500 kashmir, india. The Cashaa platform will find bitcoin vendors in Malaysia who want to sell bitcoin for Malaysian ringgit (currency) as well as bitcoin buyers in India who want to buy bitcoin for rupees in India. $ 500 will be used to buy bitcoin in malaysia and then sold to buyer bitcoin in india and its quota will be on Indian rupee and will be delivered to desired recipient to kashmir, india.
It will be transparent to the original user who only sees his money transferred to India. He does not need to understand how liquidity is provided by crypto trading that takes place in the background. But he will benefit from the Cashaa system with the speed of money transfer and better cost.
The Working Casha Ecosystem Settings are:
1. CAS connect: The initial stage in which each participant passes, here KYC checks whether completed email verification and phone number. users must pass a rigorous examination and must follow a tiered KYC structure involving OFAC, AML and other guidelines varying from country to country, making transactions secure.
2. CAS net: Here allows self-aware blocked contracts assisted by agents for a decentralized peer-to-peer (P2P) economy and will have the appropriate machines and systems to determine Cashaa Limited's fees, margins and bonuses.
3. CASFabric: The core component for decentralized exchange with clearing house messaging messaging, fraud prevention, clock synchronization between participants and the mechanism of liquidity providers. Disin enables admin tools to request user admins to add new key cryptoes, markets, fiat and fiat and create partner merchant contracts in minutes for scale solutions, based on industry adoption and maturity.
4. CASChain: Here the stage where the network can be operated and cryptocurrency neutral, which can eventually operate via digital currency or tokens favored merchants, Bitcoin, Ether, Ripple, NEO or ERC-20 compliant token.
5. CASFiat: Here will be integrated with the banking system that combines cash instruments in various currencies in the network
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Benefits and visions of this cashaa:
- Cashaa can Activate Investment in a Global Economy
- Cashaa products can enable their users to access the global economy in a decentralized way. They can facilitate the transfer of values across boundaries allowing greater portfolio diversification with higher yields.
- Dedicated to Communities with Open APIs
- Create next-generation DAPTs to tackle the world's biggest financial challenges. Our integrated SDK and Open API developers with integrated biometric and intelligence services will accelerate the growth of digital innovation.
- Produce financial products for
- Banked and Unbanked Cashaa's digital and transparent services not only attract the attention of turning residents, but can also provide financial inclusion solutions of up to 2.5 billion unbanked and 1 billion underbanked globally, creating a unique cross path. platform that can serve the entire population.
- Facilitate the exchange of low-cost currencies
- Send money across borders quickly, for a small flat fee - a fraction of the current cost, which is currently an average of 7%. Our industry-leading technology platforms supported by our merchant network can protect your money and offer the best foreign exchange every time you use Cashaa.
Advantages of Cashaa Token:
• Cashaa token has secure P2P Escrow transfer
• The ability to send money to crypto trade anywhere in the world aka Trade really helps us
• We get premium service if you have cash proof in the Cashaa Membership ecosystem
• The Cashaa mark gives credit score to the usual creditors we call Micro Finance
• The ability of a cash token is highly qualified to participate in the governance of the use of CAS Governance
• Low transaction fees are provided by cashaa tokens for remittance industry worth $ 600 Billion in Remittance
Token + Crowdsale Information:
The next-generation Cashaa Token event is announced from 6 November 2017, at 13.00 Singapore time Singapore Time (UTC +8) / 2:00 Munich Time and 8:00 New York Time and scheduled to end on 5 December.
Cashaa uses Blockchain technology with a CAS Token formed from EIP-2 (former ERC-20).
and Token sales in a public realist on November 6th. each CAS coin is worth 0.1 $.
Pre Casual Bonus Stage.
Stage 1 (24 hours): Bonus 40% with minimum participation amount 30 $ and maximum 3000 $
Phase 2 (3 days ahead): Bonus 20% with minimum amount 30 $ and without maximum limit
Stage 3 (7 days later): 10 Bonuses with minimum amount 30 $ and without maximum limit
Stage 4 (last token sale): Bonus 5% with minimum amount 30 $ and without maximum limit.
Cashaa also targets 1 billion tokens to share:
51% token released to the public about 510 million CAS was acquired by the public during the sale of Cashaa tokens.
24% for the company about 240,000,000 CAS
2% for the community of about 50,000,000 CAS is used for bounty and community programs
20% for teams that have around 200,000,000 CAS
Tim Cashaa:
Kumar Gaurav - Founder & CEO
Celestine Vettical - Founder & Chairman
Dominic Melo - Chief Payment Officer
Francesco Zorgno - Chief Investment Officer
Felice N. Covelli - Co-founder & CFO
Janina Lowisz - Founder & VP Marketing
Rakesh Lakhey - Sales of EVP - Asia
Simo Mcunu - VP Sales - Africa
Enrique Lau - Sales of EVP - Latin America
Venkatesh Krishnamurthy - VP Partnership
Amjad Raza Khan - Director of 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 - Blockchain Architect Advisor
Winston Gilpin - Venture Capital Advisor
Anil Elara - Fintech's Adviser
Colum Rafferty - Payment Advisor
Dinesh Prasad - Strategic Advisor (India)
Rajesh Dhuddu - Payment Advisor (India)
Thank you for visiting my article, for more information visit the link below ...
Situs Resmi: https://cashaa.com/
Blog: https://medium.com/@cashaa
Facebook: https://www.facebook.com/cashaaLtd/
Twitter: https://twitter.com/CashaaLTD
Linkedin: https://www.linkedin.com/company/cashaa
Youtube: https://www.youtube.com/channel/UCwRJjX6dNz49j3Pc0ROZJbg
Discord: https://discordapp.com/invite/FUfUVJx
Whatsapp: https://chat.whatsapp.com/invite/CAQbheFALavIDuptTEkw7E
Telegram: https://t.me/CashaaLtd
Whitepaper: https://cashaa.com/pdf/Cashaa_WP.pdf
Tuyul Gupies
ETH address : 0x7cf44d6f5F2890ccDAa4B6b834B04f37e3F0eeE5
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