The global financial crisis revealed significant weaknesses in the existing financial system and some of the vulnerabilities already have shown their impact on the interconnected global market. The world economy is still struggling with absolute slow growth rates today. Transferring money for remittance, money lending across international borders is still very complicated, time-consuming and expensive. Existing systems running on traditional banking channels are slow and complex with full of intermediaries, higher exchange rates, counterparty risks, bureaucracy and extensive paperwork. More than 3.5 billion people are still unbanked or underbanked and have few opportunities to have a safe and secure way to participate in the global economy.
On-boarding this missing population to the benefits of the global financial system is key in order to provide a sustainable solution for their future economic outlook. The recent emergence of cryptocurrency tokens has shown a silver lining to evolve the legacy systems. However, it turns out that consumers and businesses are struggling to leverage the benefits of the blockchain infrastructure due to poor usability, a non-customer centric approach and improper legal implementation.
About Cashaa
Cashaa is about empowering the banked and unbanked businesses and individuals to enable them to participate in the global economy and develop a new outlook for this community by using open architecture. It is a great irony that the blockchain or crypto community has continuously been denied access from existing financial institutions due to some inherent AML and compliance problems. We firmly believe that there should be an efficient alternative to the existing payments and banking system and are thereby working over some fundamental principles dedicated to bank the unbanked by providing better support for easy adoption of future money. Furthermore, we are committed to accelerating the growth of digital innovation by bringing Cashaa SDK and Open API into the ecosystem. Thus, embracing decentralisation.
Competitive Advantage
- One account for the store, convert digital assets and transfer across the globe
- Our technology will make all cryptocurrencies ultra-safe and secure
- Easy to use without worrying about losing keys with full control of crypto
- One account to access your cryptocurrencies and IBAN funds
- Check on each transaction to protect you to transact with a risky address
- Crypto wallet integration with banking Removes accounting & auditing issues
- No Fee for Cashaa community members on buying or selling digital assets
- High liquidity due to integration with multiple exchanges
- Multiple payment options including IBAN accounts, Bank transfer or Credit/debit cards.
The Cashaa ecosystem
The Ecosystem is powered by its native, primarily BEP-2 CAS tokens. To enable compatibility on as many chains as possible, we are building a decentralised Bridge that will allow CAS holders to convert their CAS tokens from one chain to another. This will remove the dependence of centralized wallets for those who prefer the control of their private keys and will be able to cross chains using their Metamask or Trust wallet. We will begin with the BSC-Polygon Bridge in the first phase and then keep adding more such bridges. This will increase the “composability” of CAS tokens across different networks and chains, enabling us to explore staking, LP, lending and other such DeFi tie-up opportunities across chains, similar to our project with Polygon. This will also help familiarize the trading/”holding” communities in those networks with the power of CAS, driving demand multi-fold.
By introducing the Cashaa banking ecosystem, Cashaa is breaking down all barriers and making history. Casha is extremely safe thanks to the BSC network and the algorithm it uses. Cashaa is taking advantage of this to benefit their investors, well-wishers, and customers. So, join the world's largest community of cryptocurrency businesses that have abandoned traditional banking in favour of the next generation of crypto-friendly banking.
More:
Website: https://cashaa.com
Facebook: https://www.facebook.com/cashaaLtd/
Twitter: https://twitter.com/yourCashaa
Linkedin: https://www.linkedin.com/company/cashaa
Youtube: https://www.youtube.com/cashaa
Telegram: https://t.me/CashaaLtd
Official Announcements: https://t.me/cashaanews
Author:
Bitcointalk Name: Horraygram
Profile Link: https://bitcointalk.org/index.php?action=profile;u=2306708;sa=summary
Telegram: @veraheid
Bsc Wallet : 0x02c9571bd7365D7A86aBED2Bd655C8A7E6283Ae5