Reading through the white paper to get to know more about the CASHAA and what does the company hope to achieve. In at nutshell, they hope to make making easy and available to people globally, most importantly, the transparency of it all. With that transparency, administration fees will be lower and banking services will be made more available to majority of the consumers irregardless of geographical, political or social background.
IN CONVENTIONAL BANKING
The conventional banking is one which is established by a financial institution, the bank. In some countries, such services like banking are not even available, while in others, although banking facilities are available, traditional thinking or even economic background has not allowed people to make use of these facilities fully.
THE VISION
Cashaa believe that there should be an alternative way which can more efficiently let the masses handle their finances, this can be achieved through the blockchain-based payments system. The block chain reduces the amount of administrative level of checks and backend controlling as itself is a self administered public ledger which cannot be altered. With lesser manpower needed to carry out the operations, Cashaa will thus be able to provide a cheaper alternative of banking solutions for the masses. Furthermore, living on block chain and internet means that anyone with an access to the internet will be able to access Cashaa services.
THE 4 FUNDAMENTALS
With this 4 main functionalities in mind, I am sure Cashaa will change the world of banking and how people bank in the future.
RESOURCE
https://cashaa.com
https: //cashaa.com/pdf/cashaa_wp.pdf
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