Cashaa — Finally, a new innovation of the century is up here! People wondering what this token is? Is this a Wallet? Is this a bank? Is this about transferring money? Is this lending / loans or financing?
Or is this just a one other Virtual Currency trading?
Well, the answer is ‘Yes’, to all the questions above. Cashaa is a next generation banking platform. So you can relate it now. A Utility token which can satisfy the banking needs of people across the globe. In Cashaa, we usually say we are “banking the unbanked”. A statistics shows (you can google it) that around two billion people worldwide do not have a bank account or access to any financial institution. Do you believe that? As I am writing this, I believe the total world population is 7.6 Billion out of which around 25% are children. That brings 5.7 billion people above the age of 15 out of which 2 Billion are unbanked meaning 35% of people are unbanked globally.
Today, there is NO one solution, one country, one remittance company or one product who can even bank the 65% banked population, forget the unbanked 35%. Here comes “CASHAA” to rescue the present generations and future generations to come and to offer one stop solution, one product which can serve the humanity.
Have you ever thought there can be safe, secure, legal, quick & affording way to send and receive money from anywhere to anyone. Yes, it is gonna be a reality soon, Cashaa is a utility token basically to send money from “anywhere anyone to anyone anywhere” without even having any knowledge of cryptocurrencies or blockchain or even Cashaa. Yes, it’s true!
If you are a person in UK and if you would like to send money to someone let’s say in Sri Lanka, today both of you (sender & receiver) cannot do it without a local bank account or without going through a Forex exchange and following tedious processes of money transfer especially when it is from one country to another or without any cuts on the money that you send. And finally it’s gonna be days for your loved ones or friends or businesses to receive it on the other end. OMG, have we been sinned to go through this for ever?
Here’s the path breaking solution that Cashaa offers wherein the receiver can receive the money from the sender within 30 minutes and offcourse in his/her local currency, legally, safely without owning a single Cashaa token or even knowing about it and without any fee.
One can say that’s what other cryptocurrencies do! Well if you judge a book by its cover, you need to face the reality soon. Yes off-course you can buy say bitcoin through a regulated / unregulated crypto exchange in your country, then transfer it on blockchain across borders who can receive it and then convert it again through local country crypto exchange back to fiat of his/her local currency. Do you think the unbanked population or a lay man can do this at ease? And most importantly will this route be always legal? Or if you think you prefer to continue with global remittance Forex exchanges you can do so by taking days to transfer and by paying high service fees to the intermediaries. Again this traditional method doesn’t bother about common man / lay man or the unbanked population.
There is just one product which works with both, cryptocurrencies (Yes, even other Cryptos or tokens) and local fiat currencies globally and it is “THE CASHAA” aiming to bring the people closer. With that being said, the next obvious question is, “Is Cashaa” going against traditional banks or central agencies? The answer is a BIG NO. The greatest stability & framework to Cashaa is that it is working with banks & regulatory agencies which are part of its ecosystem. Else this solution would simply not work. A live example is that Cashaa is the first ever ICO rejecting around 14 Million dollars from unverified users to ensure KYC compliance.
Apart from the next generation banking solution, with Cashaa tokens you can store, save, spend, receive, borrow and get insured. It is the only product which shall be complaint, transparent, safe, secure, simple, easy to use and abides by regulation.
Mr. Kumar Gaurav is the CEO and the brain behind Cashaa (UK Based Company) who is a serial entrepreneur and Chairman of Auxesis Group, India’s first enterprise Blockchain company and his team together brings in 200 years of experience into it. He is among top 100 most influential people in the world who are leading the evolution of Blockchain and was awarded Extraordinary status (O1 visa) by United States government.
Kumar is a tirelessly working CEO, one of his kind who leads, strategizes and works on ground towards bringing this product into live globally enabling users to send money without any fee anywhere in the world.. He has already brought Cashaa & Auxesis among top 100 blockchain companies in the world. It is said that Kumar once personally faced the money transfer problem while he was out of his home country which later instigated him to come up with this idea to serve the humanity, “The true Satoshi Vision”.
Token Name: Cashaa (CAS) / Platform: Ethereum Blockchain
The Cashaa Official Site:
Whitepaper: https://cashaa.com/pdf/cashaa.pdf
The Cashaa Roadmap: https://cashaa.com/roadmap.php
The Cashaa Team: https://cashaa.com/team.php