Cashaa is a gateway to consumer-centric and affordable financial products aimed at consumer adoption of Blockchain without having to understand the technical details of Blockchain technology. Cashaa’s wallet system, integrated with the peer to peer exchange with full spectrum of fully digital financial services, enables its community to save, spend, borrow and get insured, with a simplified user experience in a legally compliant way.
Cashaa is building its infrastructure on the Blockchain and utilizes artificial intelligence and biometric systems to empower mainstream adoption of payment and financial products with full security. Cashaa’s open platform approach also allows traditional financial institutions, banks and payment processors to reinvent and connect their products and services on the Blockchain, making them more efficient, convenient and globally accessible.
To implement its vision, Cashaa is launching its Token Generation Event (TGE), issuing CAS tokens on the Ethereum Blockchain. CAS token holders will be able to access premium services, creating a credit score and to participate in the governing mechanism of CAS tokens.
And then 'CAS token holders will get the following benefits:
Access to premium services such as Higher FX transfer limit, ATM withdrawals, transfer and exchange an unlimited amount of money.
Token holders can give loans and have access instant loans at low interest rates compared to non token holders.
The accumulation of CAS tokens improves credit scores of low credit rated individuals and small businesses.
Only traders with enough CAS can participate in the trading network and are entitled to create smart contracts for trading.
Governing voting system is another objective of the CAS token, Stake holder will able to govern the smart contract updates etc.