The startup was launched in 2017 (official site cashaa-com). An experienced development team headed by Kumar Gaurav worked on the creation of this project.
Cashaa is a decentralized blockchain platform based on Ethereum, which operates as a worldwide payment system.
The team is thinking about implementing a banking infrastructure that will allow both individuals and large businesses to make instant and secure money transfers with low commission fees.
Besides, the Cashaa project can provide other services, such as microloans, exchange trading, and p2p insurance.
People without a traditional bank account cannot receive financial assistance or make international money transactions without the involvement of intermediaries who charge high fees. This project intends to offer a full range of services at significantly lower rates. Customers do not need to know the technical features of the network since the platform has an accessible and easy-to-use interface.
A key role on the platform is played by the CAS digital token, which is intended for accessing the services provided. Members who have a specific number of CAS tokens will be able to get a membership and have privileges. The team has developed a multi-functional online wallet that is initially equipped with a certain number of tokens.