The network is designed as a highly performant system leveraging interlinked blockchain construction, while clearing and settlement occurs over the CasChain Layer, the costs of protecting transaction value is externalized to other chains in ways that directly promote the value of those chains.
The Cashaa network is intrinsically agnostic between fiat and decentralized money. Billions of mainstream users in the largest growing economies in the world will be enabled to make the transition from using fiat money to using decentralized currencies such as BTC, ETH and others.
Lack of identity is one of the main reason in the developing economies which stops people to participate in the financial system. Cashaa will create identities for such users using their retina and thumb impression with private key, making it impossible to fake.
Enterprise grade Blockchain infrastructure with built-in capabilities disrupting businesses and impacting millions of population across the country. Cashaa project is aligned with Auxledger to use this technology for the identity management, compliance and banking integration.
We are excited to support Cashaa in India by providing AuxLedger infrastructure, with help of state Govt of India AuxLedger first implementation holds more than 53 Million Indians till date.
Agrello project works toward creating legally binding self aware contracts based on blockchain. Cashaa sees the opportunity for utilizing these for efficiency gains in decentralized trading and microfinancing where the cost of engaging into a business relationship and writing agreements is high compared to the transaction value. Agrello self aware contracts combined with Agrello Identity and digital signature enable fast and secure contract conclusion.
We think the Cashaa project is revolutionary in Fintech, it combines the potential of blockchain with vast increasing demand of P2P money transfers worldwide. We see huge potential in cooperation
Qtum combines uniquely Bitcoin functionality with the EVM in that it allows to use the UTXO protocol together with SPV so that it is possible to work only with the headers of transactions. Differently to Ethereum, this allows for the use of lite wallets that also run on mobile devices. Furthermore, Qtum is to the best of my knowledge currently the only smart-contract platform that offer PoS.
Cashaa can leverage the Qtum smart-contract system by developing mobile apps and also having a performing and scalable PoS platform at hand that should be a competitive advantage compared to using Ethereum.