Cashaa is a startup that intends to disrupt this massive industry by developing a banking solution that enables quicker and cheaper remittances than is provided by players today. It will take advantage of the rapidly growing cryptocurrency market to provide much needed liquidity and will offer a flat fee of $ 1 for remittances and foreign exchange rates wholesale. It will compete directly with traditional players who have levied high fees and speed up transactions.

Traditional players like Western Union and Moneygram depend on themselves and banks to provide liquidity for remittances to be made. This is the reason for the high margin cost and exchange rates imposed by them. But Cashaa will take advantage of the liquidity provided by the whole cryptocurrencies traders to actualize money transfers. And they will do this in the background seamlessly.

The cryptocurrency market is now at $ 175 billion and is expected to reach 1 trillion dollars in the near future, and will be able to provide the liquidity needed for the global money-transfer industry. This will soon have an impact on the remittance industry as the costs will be lowered and traditional players will be depressed to lower their rates as well.

The direct response by skeptics is why someone trusts Cashaa to send their money back home and most customers will obey Western Union and Moneygram and the like. First of all, Cashaa will ask the crypto traders to provide escrow for the crypto currency to be traded; the seller to give 100% coins he sells while the buyer will give 10% in the escrow wallet. Moreover, what Cashaa does is to allow trust with the use of KYC checks that will comply with different guidelines in each country as well as the legally binding use of smart contracts provided by the Agrello Foundation.

Cashaa platforms offer cheaper and faster services to their existing customers. The remittance industry is no longer dominated by some players and will be decentralized because peer-to-peer remittance will be supported by blockchain and cryptocurrencies. This will benefit millions of people who send the much needed money to their families at home.

Cashaa's vision is to build payment infrastructure and banking for the future, with a strong AI blocking infrastructure that can create an outdated legacy system, creating value for the world. Cashaa is based on 4 basic principles.

Cashaa boldly proclaims on its website that they are "the next generation of banking platform for the next billion." To split it, Cashaa is a peer-to-peer payment platform built on blocks for crypto and grilles.

Access to premium services such as FX High transfer limits, ATM withdrawals, unlimited transfers and money exchange. Holder token can provide loans and have instant access to low interest loans on non-token shareholders. The accumulation of CAS tokens increases the credit score of individuals with low credit scores and small businesses.

Cashaa is not just your typical banking application. Our wallets provide a complete spectrum of digital centric customer financial services such as instant balance updates, sending, receiving, paying, borrowing and insuring with beautiful interfaces and easy-to-use notifications.

The remittance industry is an integral part of developing countries and many countries in Asia, Africa and Latin America rely heavily on remittances as part of their GDP. Communities in these countries survive with money transferred from their family members every month and without this remittance, this society can easily fall into poverty or even starvation. Based on data from The World Bank, in 2016 alone $ 575 billion USD is sent globally. The industry is currently dominated by banks and also some legacy players such as Western Union and MoneyGram which charge relatively high fees (See the Fees Table) as well as margins from foreign exchange rates that can reach 6%. See below for how high the cost can go.

With increasing globalization, more and more people are working abroad in stronger countries and sending money back to their families and this causes the money transfer industry to grow bigger and bigger. Nevertheless, there have also been large refugee movements in recent years and once these refugees are economically contributing to their new communities, they will also send money back to the families they left behind in their former countries. The World Bank estimates that remittances are expected to reach $ 615 billion in 2018 from $ 575 billion in 2016.

Cashaa is based on 4 basic principles:

* Generate financial products for Banked and Unbanked: Cashaa's digital and transparent services not only appeal to the turning population, but also provide financial solutions to 2.5 billion unbanked and 1 billion underbanked globally, creating a unique cross-border. platform that can serve the entire population.

* Facilitate Low-Cost Currency Exchange: Send money across borders quickly, at a small flat fee-a fraction of the current cost, which currently averages 7% 16. Industry-leading technology platforms supported by our merchant network protect your money and offer the best foreign exchange rate (FX) 17 each time you use Cashaa.

* Enabling Investment in a Global Economy: Cashaa's products can enable its users to access the global economy in a decentralized way. They can facilitate the transfer of values ​​across borders that allow for greater portfolio diversification with higher yields18.

* Dedicated to Communities with Open APIs: Create next-generation DAPTs to solve the world's greatest financial challenges. Our SDK and Open API developers with integrated biometric and integrated intelligence services will accelerate the growth of digital innovation.

Token

The pre sale token sales program will end on 30th October 2017 immediately join to get token by making a purchase that will get bonus before ICO time starts so it is estimated that the price is still very cheap.

Cashaa was built as an EIP-20 benchmark (former ERC-20) in blocked etenage

Token Type: Token Utility

CAS available for public sale: 510 Million

Hard Cap (maximum limit): $ 32 million USD

Allocation of Token

CAS: 240 Million

Objectives: Including by Cashaa to fund future transactions and liquidity meetings, partnerships needed for future growth and expansion. These funds will be locked by the Smart Contract and governed by the CAS community as required.

Availability:

* 60 Million Immediately

* 60 Million locked with smart contract for 12 months

* 60 Million locked with smart contract for 24 months

* 60 Million locked with smart contract for 36 months

Tim

* Kumar Gaurav — Pendiri & CEOCelestine

* Vettical — Co-Founder &Chairman

* Dominic Melo — Chief Payments Officer

* Francesco Zorgno — Chief Investment Officer

* Felice N. Covelli — Co-founder & CFO

* Janina Lowisz — Pendiri & VP Marketing

* Rakesh Lakhey — Penjualan EVP — Asia

* Simo Mcunu — VP Sales — Afrika

* Enrique Lau — Penjualan EVP — Amerika Latin

* Venkatesh Krishnamurthy — Kemitraan VP

* Amjad Raza Khan — VP Teknologi

* Dinesh Chaturvedi — Praktik VP Enterprise

For more information:

Website: https://cashaa.com/

Whitepaper: https://cashaa.com/pdf/Cashaa_WP.pdf

ANN Thread: https://bitcointalk.org/index.php?topic=2272412.0

Facebook: https://www.facebook.com/cashaaLtd/

Twitter: https://twitter.com/CashaaLTD

Author (kompormeleduk): https://bitcointalk.org/index.php?action=profile;u=1256991

My Eth: 0xB309f6e705F5AbBa391Ab98799EeB9647D673aa0