Cashaa – Free P2P Global Cash Transfer for the Unbanked
Cashaa – Have you heard of crypto using artificial intelligence to apply mainstream adoption to financial products? Cashaa is built on a blocked infrastructure and empowers low-income and uneducated people, facilitates low-cost currency exchange, enables participation in the global economy and develops a new outlook for this community using open architecture.
Cashaa is user-friendly, secure, and affordable which allows you to move money as you wish at low cost and high speed without having to understand the rocket science behind blockchain technology.
These years cryptocurrency is growing so fast. So it is truly possible that it can be the money of the future. For those who do not understand how what cryptocurrency is, I will quickly give a quick explanation below.
What Is Cryptocurrency?
A cryptocurrency is a form of payment which is commonly used as the United States Dollar or the British Pound. However, unlike these currencies, cryptocurrencies are decentralized. There is no central government to print more of them out to cause inflation. In fact, cryptocurrencies have been formulated to gradually decrease in production as time goes by. Bitcoin, for instance, will never have over 21 million coins in dissemination.
What Exactly Is An ICO?
An ICO is essentially a fundraising method based on cryptocurrency. It can launch a new cryptocurrency or create tokens used to fund a new business. In return for investment (typically in Bitcoin or Ether due to its liquid value), investors receive early ownership of the cryptocurrency or tokens. Cashaa is currently offering ICO and a total of 510 Million CAS token is available for public sale.
1. Cashaa Wallet:
Cashaa Wallet is an alternative to traditional banking with a free way to spend, save and share your money, fee-free and straight from your mobile devices via the Cashaa app. The Cashaa App will be available for free on Android or iOS. With the Cashaa app, you can do the following:
- Deposit, send, receive fiat money
- Access microfinancing
Cashaa comes with good analytics of your spending and transaction notification, It is highly secured and you can as well make your payment with 3rd party payment solutions.
2. Physical & Virtual cards:
This is where it gets interesting, Just like a regular cryptocurrency card, Cashaa Card provides you with easy access to your funds anywhere around the world. With the trilling design and wide acceptability, it is suitable for any form of use. Cashaa cards can be accepted by more than 39 Million merchants across the world.
The Card offers the best rates possible without any additional fees allowing you to make payments via cryptocurrencies anywhere in the world.
Cashaa allows Individuals who cannot earn credits from a bank, or users in third world countries will be able to borrow money to start small businesses or for individual needs. Cashaa microloans are small p2p loans that are issued by individuals on our platform. These loans can be issued by a single individual or aggregated across a number of individuals who contribute a portion of the total amount. CAS tokens will be used to determine your credit score.
What Is Cashaa Token?
(CASHAA TOKEN) – CAS is based on EIP-20 standard on the ethereum blockchain with a fixed total supply of 510 Million CAS available. (CAS) token is the key element of the CASHAA platform which will serve as a unit of account for its holders, up to 40% Bonus Tokens for early movers and more.
Token prices are determined by supply and demand.
Proof of CAS ownership will be required to access Cashaa premium services for:
- Higher FX transfer (Spend, transfer and exchange an unlimited amount of money anywhere in the world at the interbank exchange rate without fees.)
- 2X ATM allowance (Double your free monthly ATM allowance with free Cashaa premium withdrawal of €400 per month)
- Free transfer (Free, fast money transfers in available currencies to banks globally with the real exchange rate)
- Express delivery (Card will be delivered using express shipping method for faster delivery of the new cards or replacement cards)
- Free overseas medical insurance (Get the best medical treatment while abroad with expenses paid into your Cashaa account in case of any mishappening, provided by third-party partner insurance company)
- Free 24/7 customer support
- Early adopter rewards and beta access.
The Cashaa Token generation event is hereby announced to start on:
November 6, 2017, 1 PM London Time 9 PM Singapore Time (UTC+8) / 2 PM Munich Time and 8 AM New York Time and are scheduled till the end on 5 December. Token Functionality The CAS token is a key component of the system that enables trading, lending and gives access to other upcoming services in the CAS ecosystem. CAS serves two main objectives: First, the token is the fuel of an internal mechanism of the Cashaa ecosystem. Second, it is part of the governance component of the CAS system. Each Cashaa wallet is initially equipped with a predefined amount of CAS and cannot be used without a minimum CAS balance.
To know the latest information about Cashaa project you can visit the link below:
ETH : 0xF4919c366c3ad386f0A5Abe322d6cDe0238CeB28