Cashaa: More ideas for your money! Cashaa kumar gaurav
Banking industry was in the eye of the recent global financial crisis where countries all over the globe witnessed unprecedented declines in banks’ earnings. Such deteriorating bank performance is an outcome of poor infrastructure in banking that is adversely affecting the overall economy. This decaying banking performance have attracted the interest of academic researchers, finance market analyzers and bank supervisors to work out for a soundly performing banking structure that will be able to withstand negative shocks and contribute to the stability of the financial system.
As a result, serial entrepreneur, Kumar Gaurav came up with his revolutionary concept of digitalizing the banking methods in year 2016! His sound knowledge for the subject and passion to restructure finance market is the reason behind the bringing up of Blockchain giant, Cashaa! Today, Cashaa has successfully established itself amongst the top 100 blockchain firms in the world. Many of you might be pondering over How Cashaa is making banking better? Let’s find how!
1. Market Strategy
· Team Cashaa is primarily focused over those markets where traditional methods of financing had failed, by pioneering financial products to millions of unbanked people across the globe.
· Cashaa partnered with Agrello, a blockchain startup developing LegalTech solutions on the basis of smart-contracting technology, to support its series of decentralized global financial products. Agrello that works on providing smart contract agreements that can be executed and managed remotely allowed Cashaa to expand the range of financial services like insurance, micro financing and decentralized trading available through its unique platform to new audience, while promising the benefits of robustness, transparency, and scalability to the Cashaa users.
· Cashaa is targeting the typical customers who reside abroad and use services of companies like Western Union to send regular amounts from places like London to their family in their home country. As per a report generated by World Bank, such people send on an average 250 $ and lose 15–30 $ in fees. Thus, Cashaa works over matching cash senders` request with Crypto traders who can deliver cash locally in exchange for selling and buying Cryptos.
2. Potential Sectors
· Medical Sector
The Strategic partnership between Cashaa and Dental Konnect is meant to make best use of blockchain technology in the medical sector. Further, this partnership will allow usage of CAS tokens in exchange of the services one receives at all Dental Konnect clinics.
· E-commerce
The e-commerce market is growing at a very fast rate and it is amongst the top contributor in the global economy. The collaboration between Cashaa and Singapore based e-commerce site, MegaXstore accepts CAS tokens as one mode of payments.
· Exchanges
Another thing worth noting is that Cashaa provides provision for exchanging CAS with other Cryptos like BTC, XRP and many more via hassle-free trading platforms like TopBTC, Coinex market, Cashaa OTC exchange, Koinex and many more.
· Food Industry
Bubblo, a discovery app that lets users discover nearby top venues based on their preferences like price, type and cuisine with real time information about the place has recently announced partnership with Cashaa. This partnership allows CAS token holders to receive tokens for their activity on BubbloApp and pay for their food and drinks using CAS tokens at restaurants, clubs and bars.
3. ICOs
Undoubtedly, Cashaa’s ICO that held in the months of November and December in year 2017 was a well framed set of strategies that were implemented in best possible way and thus it was a huge success making it the only startup firm that was successful in selling out 51 percent of the 1,000,000,000 tokens available at precisely lower cost of $0.10 apiece in its token sale, that too while following strict KYC policies. This successful conduct of ICO and bringing of CAS token in the market impressed whole lot as a result leading Crypto-exchange firms such as Stellargold, KitToken, etc are accepting CAS tokens in their token sale.
Summing up to these aspects, it can be inferred that team Cashaa is focused over providing hassle-free experience to the users by bringing digitalization in banking methods, Cashaa is providing banking services via Smartphone that has now become one stop shop for all the banking needs. Broadly speaking one can have one account to store, save, spend, receive, borrow and get insured with their funds. Hence, it’s not difficult to accept the potential of Cashaa project! Its well-organized roadmap, team of experienced technocrats and brilliant concept of transforming the traditional banking system made it possible to reach billions across the globe!
