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Veteran Blockchain Financial Company Cashaa Announces Token Generation Event

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Veteran Blockchain Financial Company Cashaa Announces Token Generation Event

Post by Vladdirescu on Sat Oct 14, 2017 3:16 am

October 13, 2017, London, Financial Blockchain company Cashaa has announced the launch of its CAS tokens in a Token Generation Event (TGE) which will take place on November 6th with a pre-sale kicking off October 20, 2017.

Cashaa - rated as one of the Top 100 Most Influential Blockchain Companies in the world - is building ‘The next generation banking platform for the next billion’ which will potentially enable billions of banked and unbanked users to access the financial services.

The financial crisis revealed significant weaknesses in the existing financial system while more than 3.5 billion people are still unbanked or underbanked with limited or no opportunities to participate in the global economy. Transferring money for remittance or money lending across international borders is still complicated, time-consuming and expensive. Existing systems are slow and full of intermediaries, triggering higher exchange rates, weak counter-party risk checking, bureaucracy and extensive paperwork. The recent emergence of cryptocurrencies showed a silver lining to solve this issue. 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.

Read the full article: https://coinidol.com/cashaa-announces-token-generation-event/


Vladdirescu

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