Cashaa - Banking Services Based Blockchain And Smart Contract

The global financial crisis shows significant weaknesses in the existing financial system and some vulnerabilities have shown their impact on interlocking global markets.

The world economy is still struggling with slow growth rates today. Transferring money for remittances, Loans of money across international borders are still very complicated, time consuming and expensive.

The existing system that runs on traditional banking channels is slow and full of intermediaries, higher exchange rates, reverse party risk, bureaucracy and extensive documents.

More than 3.5 billion people are still unbanked or underbanked and have few opportunities to have a safe and secure way to participate in the global economy. On-boarding this missing population to the benefits of the global financial system is key in order to provide a sustainable solution for their future economic outlook. However, it turns out that consumers and businesses are struggling to leverage the benefits of the Blockchain infrastructure due to poor usability, non customer centric approach and improper legal implementation.

Cashaa built its infrastructure on the blockchain and utilizes artificial intelligence to power mainstream adoption for financial products. It empowers the banked and unbanked population, facilitates low cost currency exchanges, enables participation in the global economy and develops the new outlook for this community by using open architecture.

Cashaa is creating a better bank, challenging legacy banking by building an app and products with input from our community of users. Our blockchain based platform enables its community to store, save, spend, receive, borrow and get insured, with a simplified user experience in a legally compliant way. Ultimately, Cashaa aims to become a one-stop-shop for financial needs.

Vision

Cashaa believes there must be an efficient alternative to existing payment and banking systems. Cashaa's blockchain-based payment system aims to lower the barriers of financial inclusion and provide financial services to banks and do not have permits.

Cashaa's vision is to build payment infrastructure and banking for the future.

Cashaa Ecosystem

• CASConnec​t: layer is the first step for each participant to pass. Here, basic KYC checks are done by verifying their email ID and mobile number. For higher transaction slabs, users have to pass stringent checks and have to follow a tiered KYC structure that involves OFAC, AML and other guidelines that vary from country to country.
• CASNet: layer enables a blockchain-driven self-aware contract assisted by an agent for a decentralized peer-to-peer (P2P) economy.
• CASFabric: is the middle layer with core components for decentralized exchange with clearinghouse messaging network, fraud prevention, clock synchronization among the participants and liquidity provider mechanism.
• Our CASChain: layer makes the network interoperable and cryptocurrency neutral, which may eventually operate through any digital currency or token which traders prefer, namely, Bitcoin, Ether, Ripple, NEO or any ERC-20 compliant token.
• CASFiat:​ layer will be integrated with the banking system incorporating cash instruments in multiple currencies within the network. This layer is responsible to decide the FX conversion; ensures the availability of each FX value available on the platform and also assists in working with 3rd party APIs such as XE, Reuters easing communication with payment networks across the globe.

Features Of Cashaa:

• Ecosystem: They are linked up with businesses and personalities on Blockchain to the prevailing financial world in a dispersed mode. They form a platform which embraces the regionalized exchange, liquidity benefactor device, and benefit funded blockchain entry. Their financial knowledge is mutual with ordinary sanction which will permit real-time, peer-to-peer rate exchange and reimbursement facilities throughout all the Blockchain.
• Platform: The system is planned as an extremely secured scheme having inter-relation with blockchain structure. This helps in reimbursement and settlement. The expenditures of shielding contract worth are voiced to other chains in ways that unswervingly endorse the value of those chains.
• Power and Protection: The world requires a monetary stand which is administrated by AI and protected on Blockchain. Reasoning bots will do the data study, price estimate, risk valuation and forex operation for them.
• Biometric system: The absence of individuality is one of the foremost causes in the mounting of economies which therefore indirectly stops people to contribute to the financial organization. Cashaa creates individualities for such operators using their retina and thumb imprint with the private key, making it intolerable to fake.
• Wallet or Cards: Cashaa provides wallet and cards that help the individual to carry coins as liquid or as cash. Like other cryptocurrency monetary organizations, this also allows one to use their cryptocurrencies at anyplace via VISA or MasterCard which are accepted. The mobile wallet, temporarily, is a multi-currency wallet that permits consumers to get immediate balance modernizes, make trades, or setup intelligent notifications.

Cashaa Core Features:

1. In-built crypto wallet
2. Buy and sell cryptocurrency (cash or bank account)
3. Genrate passcode for cash trade
4. Location based search
5. Sorting and filtering based on traders preferences
6. Export reviews and rating
7. Rate & write review for the counterparty
8. AI based trade actions to meet your goals while you are offline (under development)
9. Option to trade through the participating 3rd party crypto wallets (under development)
10. Analytics and transaction history
11. In-built support and chat tool

Cashaa Team

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For More Informations:

• Website
• Whitepaper
• Bitcointalk ANN
• Facebook
• Twitter
• Telegram
• Linkedin
• Github

My Bitcointalk: moetimas

Ethereum: 0xF234Fd34C70C1868734a54DEf1A19C7e27add4F2