CASHAA
Cashaa is a financial
banking system that is design with a blockchain technology to help solve the
problem that the world has been facing in issues of transferring money for
remittance, money lending among international board, traditional banking, high
exchange rate, canter party risk to mention but a few problems that is facing
the world today.
Most people today are still
unbanked and underbanked because of the fear of risk and fraudsters, which is
making them finding it difficult to participate in the global economy. Cashaa
has come to introduce a blockchain technology that will solve all this problems
and help the economic growth of the population.
Cashaa platform has come
with a mission to make banking system very easy in such a way that it will be
in favor of every one, both those who did not understand the blockchain
technology and cryptocurrencies will be able to run their transactions from one
country to another in a low cost rate and with a faster server. And will enable
participant to have access to the global market. Cashaa team is building a
blockchain technology that will help the next generation model and financial
intelligence which will empower device for biometric finger print scanner to
solve the problem of the banked and unbanked population when it come to the
terms of the existing financial system.
There are some major
problems that are facing the 141 countries today in the world which cashaa has
come with the solution, some of those problems include the following;
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 soiled between the players
in the industry. A meager 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 to mention but a few depending on countries
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 networks 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 15 based solutions lack the
workflow needs of small and medium sized enterprises, and the applications are
not addressing theaverage consumer's issues and not providing legally compliant
solutions to their users
THE MISSION AND VISION OF CASHAA
Cashaa has come with a mission of
establishing an active and effective banking system. There blockchain is
designed to help payment system lower financial service for the banked and
unbanked. Their blockchain vision is to build the payment and banking infrastructure
of the future on a robust Al driven blockchain technology which can make the
legacy system absolute thus creating value for the world. Cashaa is base on
four founder mental principle.
1.
Powering financial product for the
banked and unbanked: their purpose is not only to attract massive population
from the banked, they are also creating a unique cross-border platform which
can serve the entire population.
2.
Facilitating low-cost currency
exchanges: help in transferring money and fund across the globe in a plow cost
rate.
3.
Enabling investment in the global
economy: it enables it participant to have access to the global economy in a
decentralized manner.
4.
Dedicated to the community with an
open API: this API program help in solving the biggest challenge the 141
countries in the world is facing today in terms of financial by introducing integrated
biometric and artificial intelligence service which will accelerate the growth
of innovation.
TEAM
Cashaa as a platform has
teamed with some professional bodies and expertise who has build their own
company from scratch and are successful in their business. Cashaa has more than
200 years of banking and payment experience. Cashaa work with theme members
like; Kumar Gaurav, Celestine Vettica
(founder and CEO of Perfomix), Janina Lowisz (top 100 blockchain influencer),
Anile Earla (head of information and data analysis) to mention but few and many
more which are mentioned in the whitepaper https://cashaa.com/pdf/Cashaa_WP.pdf
CASHAA AS A BLOCKCHAIN TECHNOLOGY.
Cashaa make use of Ethereum EIP-20 (former- ERC-20), it’s
token is Cashaa and it is accepted in other Ethereum wallet and exchangers and
it has no limit to Bitcoin and Ethereum, it also make use of different
blockchain technology to decentralized its product.
CAS
Tokens — The Cashaa ICO Details
Cashaa will be raising approximately
105,000 ETH, depending on price of Ethereum. They will have a max cap of
510,000,000 CAS tokens, which brings them to a circulating supply that’s
roughly 51% of total tokens (1 billion total
CAS).
*As a reference, each CAS token will
cost $.10 USD.
The CAS Token Supply Breakdown:
1.
24% of token supply will go to the
company in the reserve to expand liquidity and create partnerships for future
growth.
2.
20% of the token supply will go to
the Cashaa Team, vested over a 3-year period.
3.
5% of the tokens will go toward the
Cashaa community, including bounty programs, developers, community managers
that ultimately help the ecosystem.
4.
And of course, the remaining 51% is
for the public during pre-sale & ICO.
ICO-Presale will starts from November 6 2017, 1 PM London
time Singapore time (UTC +8) 2 PM and 8 Am New York time and will ends on the 5
December 2017 do not miss this opportunity hurry up now and join the ICO, it is
a life time opportunity.
For more information kindly click on the following link
Telegram: https://t.me/CashaaLtd
Wallet Address: 0x13E1F430A90d26270EA057C69BDE71351b6DD85f
.png)
No comments:
Post a Comment