London, UK, 29th November 2017, - Cashaa, the blockchain-powered ‘Banking Platform for the Next Billion’ has today announced a strategic partnership with Metavine’s Crowd Machine to allow its zero-code decentralized app development platform to use Cashaa’s powerful financial technology, enabling mass adoption of the Cashaa wallet.
Through its strategic partnership with Crowd Machine, Cashaa has become part of the Crowd Consortium, a new group of major companies that plan to support development of blockchain applications on Crowd Machine. Cashaa join companies like General Electric, AON Hewitt, KONE, Anthem and Pacific Western Bank who are already leveraging this next generation dApp platform.
The partnership will not only allow coders and non-coders alike to take full advantage of building apps up to 45x faster than traditional development tools, but also place Cashaa’s integrated fintech services at their fingertips. Cashaa’s technology will power financial transactions within Metavine's global Crowd Machine application platform, thereby making Cashaa’s wallet system available for integration with millions of apps and downloads. This will have the effect of placing enormous demand on CAS, the token that powers the platform.
Straightforward UX
Currencies held in Cashaa wallets can be transferred cheaper and faster to any card, bank account or wallet in the world in local currency. The sender and the receiver can transact in the local currency and need no awareness of blockchain technology. A receiver can receive fiat money in their local bank account, credit or debit card and can walk to the ATM to withdraw cash instantly or spend as they wish.
Crowd Machine
Metavine’s Crowd Machine is currently being used by Fortune 500 companies, including Anthem and GE (Oil & Gas).The company will distribute its Crowd Virtual Machine (CVM) to a peer-to-peer network, leveraging unused computing resources in billions of devices around the world, via decentralized cloud.
Kumar Gaurav, CEO Cashaa said:
“As the financial technology partner in the Crowd Consortium, Cashaa will make available its payment services within the Crowd Share for app developers to use in their new apps through the Crowd App Studio. One of the main reasons we were keen to join the Crowd Consortium was to make our wallet and digital financial services apps building components available to the community to help bring decentralized global financial products to the masses."
“Cashaa will be able to power cross border payment services for a number of applications from the app components they publish in Crowd Share, facilitating payments in fiat, Crowd Machine Tokens (CMT), or other supported digital tokens. This will allow the promise of blockchain technology and cryptocurrency to be delivered faster to the global community.,” added Craig Sproule, CEO Crowd Machine.
About Crowd Machine
For more information please visit: www.crowdmachine.com
About Cashaa
For more information about Cashaa and the CAS token sale visit https://cashaa.com.
For more information on how to participate, visit their website