Cashaa - digital and transparent

Cashaa's digital and transparent services are not only attractive for the banked population, but they can also deliver financial inclusion solutions to the 2.5 billion unbanked and 1 billion underbanked globally, thereby creating a unique cross-border platform which can serve the entire population.

The global financial crisis revealed significant weaknesses in the existing financial system and some of the vulnerabilities already showed their impact on the interconnected global market. The world economy is still struggling with slow growth rate today . Transferring money for remittance, money lending across international borders is still very complicated, time consuming and expensive . Existing systems running on traditional banking channels are slow and full of intermediaries, higher exchange rates, counter-party risks, bureaucracy and extensive paperwork .

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. Instead of rebuilding or riding on the rails of archaic banking infrastructure, we built Cashaa to allow consumer adoption of cryptocurrencies, which let people move money as they wish at low cost and high speed, without having to understand the technical details of crypto and blockchain technology, thereby making it user friendly, secure, and affordable.

Vision

We believe there should be an efficient alternative to existing payment and banking systems. Our

blockchain-based payments system aims to lower financial inclusion barriers and provide financial services to the banked and unbanked. Our vision is to build the payments and banking infrastructure for the future on a robust AI driven blockchain infrastructure which can make the legacy system obsolete, thus creating value for the world. Cashaa is based on 4 foundational principles:

Powering financial products for the Banked and Unbanked
Facilitating low-cost Currency Exchanges
Enabling Investments in the Global Economy
Dedicated to the Community with an Open API

Cashaa Beta Launch: Remittance & Trading

Design Approach

From the architectural point of view, to implement the concept, the Cashaa system is divided into five

main component layers that help the platform to scale, maintain and add new features while maintaining the highest level of security in a decentralized environment for the blockchain features.

We also recognize that blockchain technology enables business collaborations that require high reliability and shared, trusted privacy to preserve immutable data repositories for smart contracts.

In order to take technical advantages and speedy time to market, Cashaa has teamed up with various

organisations to leverage their pre-existing work such as Agrello Foundation for its AI based self aware 19 contract capabilities, Auxledger for its robust infrastructure which has already onboarded 53 million 20 identities and other enterprise infrastructures that would help to scale faster with the built-in capabilities of disrupting businesses and impacting millions of people across the globe.

Coinfirm which provides data that puts entities on the safe side in terms of regulatory and fraud risk related with cryptocurrencies . Our design approach is focused around reflecting our vision of customer centricity and user friendly applications while utilising the capabilities and promises of blockchain technology. As cyber security is crucial for a fully digital service and to protect our systems, Cashaa has built systemic solutions using the most advanced statistical and deep learning techniques to detect and prevent threats in real-time. The integrated defense models have been successfully applied across multiple cyber sources and will continue to provide intelligent protection for the company’s critical business information.

Ecosystem