Hi guys! Have you ever had to transfer money to another country? Were you concerned with the fee amount? As you have noticed, decentralization helps to solve many problems in various spheres. As an ICO reviewer I notice that many new projects are aimed at improving the global financial system. No one will deny the imperfection of the existing banking offers: the difficulty of transferring money across national borders, and a lot of time and money needed for conducting certain financial services, and mediation that causes large commissions and higher exchange rates. Today I will tell you about another project, the purpose of which is to eliminate these problems – Cashaa.
The project team is confident that a solution based on blockchain technology will allow consumers to switch to the use of crypto currency, which will make it possible to transfer money to anyone without any major expenses and delays. And most importantly, unlike the emerging technologies, which are difficult for an ordinary user to understand, consumers will not have to necessarily understand the technical details of crypto technology, which will ensure ease of use. In order to simplify the transfer of funds and trading, the team launches special Cashaa cards, with the help of which users can receive money from relatives living abroad. With the help of these cards, millions of people around the world can access financial services. The cards are attached to the Cashaa wallet, which can be used both in a special application and in a regular browser. In order to make the use simpler, the Cashaa team defined four fundamental principles which are as follows.
- First, it is the promotion of financial products and services both among the beneficiaries of the banking proposals, and among those who have never applied to a financial institution. Thus, the project team strives to create an interstate platform for servicing people around the world.
- Secondly, providing the possibility of exchange of currencies with low costs.
- Thirdly, ensuring the possibility of investing in the global economy through decentralization.
- Fourth, consideration of community needs and provision of an open API.
It is worth noting that the team has already created and conducted beta testing of the platform based on the blockchain technology, which offers innovative trading opportunities and the conversion of funds from the traditional currency to crypto and vice versa. Especially popular it was in countries such as Great Britain, Nigeria, India, Indonesia and the Philippines. In the result of beta testing, the following advantages of the platform were identified: instant transactions and low costs; possibility of transfers both within the one country, and all over the world; the benefits of using crypto currency; the ability to transfer cash to a bank account of an individual or legal entity; availability of innovations; proven solution; proprietary blockchain technology with an advanced matching mechanism; transparency and clarity of operations; benefits for all participants in the transaction.
To be able to transfer money or trade, you will need special CAS tokens. They will also be used to access the platform and use the services offered on it. If you are interested in the offer, you can purchase the CAS tokens during the ICO, which is now live and will end on December 5 (accepted currencies: ETH, BTC, USD, GBP, EUR). You can participate in it by going to the official website and registering. The project team also launches a variety of bounty campaigns, see the links below for terms.
The Plan of Token Distribution
Useful links:
Website: https://cashaa.com/
Whitepaper: https://cashaa.com/pdf/Cashaa_WP.pdf
BBT Bounty thread https://bitcointalk.org/index.php?topic=2273856.0
Video about the project:
Facebook: https://www.facebook.com/cashaaLtd/
Twitter: https://twitter.com/CashaaLTD
Telegram: https://t.me/CashaaLtd
My ETH-address: 0x9F8051399114A4C8b9A742Dbb51C10162E61F234