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.
The Cashaa
The Cashaa team is building a next generation model for financial services which is based on blockchain technology and artificial intelligence which will empower devices with biometric identification systems to solve the problems of the existing financial system for the unbanked as well as banked population .
Problem 1:
Having a traditional rail infrastructure, where moving money requires huge processing efforts includes endless problems. One of the main reasons for friction in this current system is that information is siloed between the players in the industry. A meagre amount of engineering is done on the payment systems which are compatible across payment networks and financial institutions. Examples include FedWire , CHIPS , SWIFT , consumer card payment networks, NSCC/DTCC , OCC , ACH and many others depending on countries .
Problem 2:
The recent emergence of cryptocurrency tokens showed a silver lining to save us from the legacy systems. However, it turns out that a growing number of users and businesses are struggling to leverage on the existing blockchain infrastructure. The primary role of blockchains was to solve coordination and
synchronization problems amongst multilateral agreements between a network of participants, but it seems that these multiple blockchains are now giving a hard time to “real users” and have become a bottleneck for the mainstream adoption . Also the current attempts by others to provide blockchain based solutions lack the workflow needs of small and medium sized enterprises, and the applications are not addressing the average consumer’s issues and not providing legally compliant solutions to their users.
Vision
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 on a robust AI driven blockchain infrastructure which can make the legacy system obsolete, thus creating value for the world. Cashaa is based on 4 foundational principles:
- Powering financial products for the Banked and Unbanked: Cashaa’s digital and transparent services are not only attractive for the banked population, but they can also deliver financial inclusion solutions to the 2.5 billion unbanked and 1 billion underbanked globally, thereby creating a unique cross-border platform which can serve the entire population.
- Facilitating low-cost Currency Exchanges: Send money across borders quickly, for a small flat fee a fraction of the current costs, which today on average are 7 % . Our industry-leading technology platform powered by our traders network can protect your money and offer best foreign exchange (FX) rates every time you utilize Cashaa.
- Enabling Investments in the Global Economy: Cashaa products can enable its users to access the global economy in a decentralised manner. They can facilitate the transfer of value across borders allowing greater portfolio diversification with higher yields .
- Dedicated to the Community with an Open API: Create the next generation DApp to solve the world’s biggest financial challenges. Our developer SDK and Open API with integrated biometric and artificial intelligence services will accelerate the growth of digital innovation.
Why cashaa ?
Powering financial products for Banked and Unbanked
Cashaa’s digital and transparent services are not only attractive for the banked population, but they can also deliver financial inclusion solutions to the 2.5 billion unbanked and 1 billion underbanked globally, thereby creating a unique cross-border platform which can serve the entire population.
Facilitating low-cost Currency Exchanges
Send money across borders quickly, for a fraction of the current costs. Our industry-leading technology platform powered by our traders network can protect your money and offer best foreign exchange (FX) rates every time you utilize Cashaa.
Enabling Investments in Global
Cashaa products can enable its users to access the global economy in a decentralised manner. They can facilitate the transfer of value across borders allowing greater portfolio diversification with higher yields.
Dedicated to the Community with an Open API
Create the next generation DApp to solve the world’s biggest financial challenges. Our developer SDK and Open API with integrated biometric and artificial intelligence services will accelerate the growth of the digital innovation.
Need Urgent Cash ?
Providing financial access to the millions of mobile users using alternative credit assessment aided by data science and machine learning. Cashaa micro lending service allows businesses, individuals, and others to have the opportunity to do so within our Platform.
Current Sale Stats
Well Done Together So Far. Let’s Do Even More.
A Big Thank You to All Our Great Contributors who are making Cashaa possible. Great News! Together We have achieved what is required to launch the Next Generation Banking Wallet! Get Ready! Start to See more and more market exposure as more Interesting news will come soon, please stay tuned.
CAS Tokens are still on Sale. If You Like Cashaa Project, Purchase CAS Tokens. Together let’s reach the Next Billion People engaged with our Blockchain-based banking services.
Team Members
We are a cross functional and full stack team led by successful entrepreneurs who built their companies from scratch which are now part of Fortune Top 15 companies in world.
Advisors
Our advisory board include experienced industry leaders and leaders of financial institutions with strong connections worldwide.
For More Information :
Website : https://cashaa.com/
Whitepaper : https://cashaa.com/pdf/Cashaa_WP.pdf
Telegram : https://t.me/CashaaLtd
My Bitcointalk Link Address : https://bitcointalk.org/index.php?action=profile;u=1210304
My ETH Address : 0x14cC709Dd926e3384E6fC4b6E2b13c9570B3796a
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