The ether cash token enables you to join on the ethereal blockchain
In today’s world, when transparency is the key to everything, then why should we settle for something that doesn’t provide us with the much-required transparency in the financial services? There were several questions regarding the financial transactions without any proper answer, but now with the introduction of Etherecash, everything is going to change soon.
The three principal financial functions involve spending, transferring, and lending of money. Now, these three core factors are brought into the blockchain services to create a transparent, secure, and inexpensive method to maintain our finances. It doesn’t stop there; instead, it also improves our access to loans.
With the help of this platform, the borrowers and lenders will be able to connect directly in a proper contractual manner that will be backed by legal houses all throughout the word. In order to make things simpler for its customers, either cash is connecting the fiat currencies and cryptocurrency in the same platform, so that the peer-to-peer loan is possible through cryptocurrencies.
Through the Pre-ICO Campaign, they will raise the funds to build up a financial platform that is backed by blockchain. On this platform, there is no need of a good credit history to acquire loan if you are a cryptocurrency holder. Smart contracts verified by the lawyer will be there, with the help of which application of loan can be processed.
The Pre- ICO Campaign will start from October 25th, 2017 and it will end on November 7th, 2017. Once this is over, the ICO campaign will flag off from November 15th and will continue until December 19th, 2017.
You will be shocked to know that there are many out there who don’t have a bank account yet, so they are naturally deprived of all the financial services. Even if you manage to have an account in a bank, the normal process is so lengthy, unfair, and complicated that it takes a long time in getting the approval of a loan. But, then again, there is no certainty that once the verification is complete you will get the loan. Sometimes, due to silly reasons, many people don’t get a loan approval.
Etherecash is hell bent to solve this issue through the transparent and decentralized lending platform. Cryptocurrency is highly volatile and diverse, so most investors try to keep their crypto assets to themselves. But, when there is an immediate requirement of cash, they can’t help but sell it off, due to which they suffer loss sometimes.
Not anymore, through this platform, they can get a loan against their cryptocurrencies. In this way, they don’t have to let go their crypto assets and can also meet their cash demand by borrowing the money on their own terms and conditions. Here they are the one to decide the loan type, the amount, and the duration.
The loan that is completely border free and prejudices free will be approved when the lender and borrower figure out the terms that will be mutually beneficial for both. All these will be documented and secured by smart contracts that are backed by professional lawyers.
This will not only help in acquiring hassle-free loan but will also ease out the remittance of crypto as well by introducing multi crypto debit card. Through this card, money can be transferred immediately without any major issues.
Now, spending and transferring of cryptos will be quite easy, simple and instant. There will be no intermediaries while making any payment anywhere in the world and you will be charged only a minimum amount of fee for this.
If you are in need of local fiat currencies, then you can use the multi crypto debit card and withdraw from an ATM or you can use the card to make online or in-store payment.
A team of highly experienced blockchain experts has designed this platform. They have come together to provide a platform that will make life easier for millions of people out there. The blockchain technology and the smart contracts prepared by the professional lawyers give the platform enough security, convenience, and transparency that is required in case of financial services. Moreover, the fee is also very less making it an affordable platform for the users who wants to make use of this lending platform of multi-currency.
Etherecash is revolutionizing the financial services for better by making it more transparent, secure and inexpensive.