Will Cashaa rule out the traditional-banking system? Cashaa kumar gaurav
Leading Blockchain firm, Cashaa came up with entirely new concept of digitalizing the current banking framework! This framework is not only limited to management of hard-cash, but extends its services in the areas of Cryptocurrency and local currency exchanges that too at a very low fees! This concept of allowing users to easily deal with monetary-value exchanges across the globe was brought up by serial entrepreneur, Kumar Gaurav along with his highly experienced team with a vision to let users store, save, spend, receive, borrow the local currencies and cryptocurrencies across the globe while promising that it is a safe and simplified end user experience.
What factors motivated Cashaa?
Since, motivation is very essential to accomplish the targets! One must have a purpose in their life that inspires them to achieve the goal set by them! Based on the same philosophy, Team Cashaa critically analyzed the current banking system and came up with the areas that need improvement! Let’s critically analyze why Cashaa is much more effective than current banking system:-
1. The current banking system requires lot of paperwork that is time consuming and laborious! Thus, Cashaa came up with a concept of digitalizing it completely in order to make it a hassle free experience for users!
2. Team Cashaa developed such a framework that as compared to current banking system.
3. These days scams are quite prominent so to counter-attack it! Team Cashaa designed much more secure system that ensures user’s privacy.
4. Traditional Banking system is not well accustomed to transactions related to Cryptocurrency that do not let users to earn revenue from it! Pertaining to this very issue, Team Cashaa introduced Cashaa Exchange platform recently to let users trade in Cryptos and make marginable profits!
Moreover, Cashaa is targeting to cash in on the millennial generation which seeks automated functions for critical procedures also, such as loan disbursement, card blocking and issuance, and so on. Cashaa runs on Auxledger, an enterprise-grade blockchain infrastructure that currently powers over a dozen applications across different state governments of India. Auxledger enables organizations to quickly deploy a blockchain network and build their business logic on top of it. Thus, this concept introduced by Cashaa is working towards making banking more lively, exciting, hassle-free and effective. Hence, its not difficult to accept the fact that very soon Cashaa is going to replace the current banking system, thereby reaching billions across the globe!
