Recap of AMA Series #12: Crypto OLALA x Cashaa with the attending of Ms. Janina Lowisz—VP Corporate Services of Cashaa.

On May 15th 2020, Cashaa team and Crypto OLALA group organize an AMA to make the community members know more about Cashaa and the banking system for the old and new, emerging money system for everyone. Here is recap of it:

Segment 1: Introduce and Question from Twitter
Mrs.Janina Lowisz will introduce herself and Cashaa Project. Then Moderator ask 5 questions collected from Twitter : https://twitter.com/cryptoolala/status/1260617529208139777?s=21
Group chat will be mute for members, except for Moderator and Guest.

Moderator Mark

Welcome back to Crypto Olala
This is Mark again — Host AMA tonight.

Once again, I am here to be the moderator connecting all members of Crypto Olala with BlockChain projects. To help you better understand the project as well as create more investment opportunities for community members.

Continue our May #AMASeries, Olala Team has invited to here today a project that has just been successfully listed on the MXC exchange — one of the highest trading volumes worldwide.

Welcome Cashaa Project to Crypto Olala

Not for everyone to wait too long, let’s welcome the guest today :
Mrs.Janina Lowisz — VP Corporate Services of Cashaa
👏👏
@BlockchainGirl

Ms. Janina Lowisz- VP Corporate Services of Cashaa

Thanks Mark! It’s a pleasure to be here!

Thanks everyone for joining!

Moderator Mark

Can briefly introduce about yourself and Cashaa(CAS) project ? Last time was a very difficult period when the whole world was affected by the global pandemic. So, does this affect the development plan of the project in the next phase?

Ms. Janina Lowisz- VP Corporate Services of Cashaa

My name is Janina Lowisz, I am co-founder and VP Corporate Services at Cashaa, I joined in July 2016, and I will help you get banked, and open a company and get a crypto license.

Cashaa is the largest crypto-friendly neo-bank based in the UK, providing services to more than 1400+ businesses from the crypto industry. Our partners include Paysafe Group and many others, including financial institutions and trusts regulated by the FCA, Central Bank of Lithuania, and Colorado Division of Banking.
Existing services:
1. UK current account
2. Euro IBAN account
3. Card processing, powered by Paysafe
4. Exchange services for BTC, ETH, CAS and USDT in INR, Euro and GBP

Please have a read through the white paper, especially the roadmap section, to know everything important about us:
https://storage.googleapis.com/cashaa-cdn/cashaa-bank/pdf/Cashaa_whitepaper_v2.pdf

We are not affected by the pandemic, we are going according to the roadmap with the upcoming major launches being on track, such as our own banking platform and personal banking. You can see in the roadmap where we are and what our big upcoming steps are. Most notably, we have our own banking platform coming in the end of July 2020, and personal banking in August.

Moderator Mark

Ok, Thanks a lot for brief and sharing @BlockchainGirl

Now, We are going 5 question Twitter
After answer, Please say DONE at the end of the answer

5 Question twitter For Segment 1

➡️Question 1: Seeing from CASHAA goal which states that we cannot equate CASHAA with other blockchain projects, give me a reason why I should not equate CASHAA with other blockchain ?
From: @ZORO06154961

Ms. Janina Lowisz- VP Corporate Services of Cashaa

Cashaa is a banking service provider, not a “blockchain project” — We are useful for any crypto or blockchain project as they all still need banking but can’t get it from traditional banks. We can be seen as an infrastructure provider for the whole industry and beyond. While we do have crypto features (wallet and exchange), our main focus is on banking.

done ;)

Moderator Mark

➡️Question 2: The biggest dilemma as of now in crypto is volatility and liquidity issues. What steps have been taken by CAS to overcome it?
From: @okbabyqn88
@BlockchainGirl

Ms. Janina Lowisz- VP Corporate Services of Cashaa

Yes, we can help with both — one of our upcoming services is our Institutional liquidity API in EUR/GBP/INR/USD for 5 top market cap assets, coming in June 2020. Concerning volatility, as our wallet also supports USDT, users can always opt for that instead of a volatile currency.

done :)

Moderator Mark

➡️Quesiton 3: What is the objective of Cashaa in 2020? What are Cashaa’s strengths compared to other projects? Are there any future issues that Cashaa will need to improve and change? Please let us know? For the Vietnamese market, what are your plans in the near future?
From: @johnxina1

Ms. Janina Lowisz- VP Corporate Services of Cashaa

Objectives for 2020:

Upcoming services:
1. Fiat on-ramp for GBP, Euro, USD and INR (June 2020)
2. Institutional liquidity API in EUR/GBP/INR/USD for 5 top market cap assets. (June 2020)
3. FX and international transfer (July 2020)
4. US dollar account (August 2020)
5. INR bank account (September 2020)
6. Cash handling from 43 branches in Indian Rupees (asap after COVID lockdown ends)

Mega launches:
1. Cashaa banking platform (July end 2020)
2. Personal banking (August 2020)

What are Cashaa’s strengths compared to other projects?
Our main strength is that we are able to bank crypto businesses, which get declined by traditional banks. We have over the past months become the leading banking service provider for the whole crypto industry, with over 1,400 signups.

You can bank with us from any country except for sanctioned countries. So as a Vietnamese business or individual, you can apply as anyone else can. If you have any ideas for initiatives suitable for targeting particular markets, you can contact me here. We are not facing any issues at the moment but are at a very good point where we have strongly established ourself, and have an ongoing large influx of new signups. For any improvement suggestions, you can contact me as well.

Done

Moderator Mark

➡️Quesiton 4: What is the role of CAS tokens in the network? Does the payment need to pay for CAS? Do I need to pay for CAS to send a message? In other words, what is the CAS token appreciation logic?
From: @AlengReme

Ms. Janina Lowisz- VP Corporate Services of Cashaa

Our banking solution will use CAS coin from July 2020 after the launch of our integrated banking platform. Currently, CAS coin utility is limited to exchange fees. This will expand to multiple utilities, such as application processing fees, set up fees, discounted international wire, exchange fees, transaction fees, and access to crypto-friendly banking services restricted only for CAS holders.

Also see https://cashaa.com/CAS-banking-the-crypto done

Moderator Mark

➡️Quesiton 5: While many smart solutions can be implemented with the existing central systems, why should countries turn to blockchain-based solutions while they have technological infrastructure?
From: @gadadry

After this question, we will move on to Segment 2: Free Question. Please pay attention to submit questions

Ms. Janina Lowisz- VP Corporate Services of Cashaa

The whole point is that blockchain technology enables accountability of both the government, other instutions, and members of the public. A blockchain is an immutable evidence trail that makes fraud difficult, it keeps a record of everything, people can not get away with having done something bad. Bad actors on both sides can be held accountable, which can lead to reestablished trust in institutions.

With countries, I assumed you meant “governments”

Moderator Mark

We move next to segment 2

2️⃣Segment 2: Free Q & A between the community and Cashaa (CAS)
Community members will conduct questions for Mrs.Janina Lowisz. Group will proceed to open chat in 1 minutes . We have 2 round, Mrs.Janina Lowisz will answer questions from the community. (After the AMA, we have airdrop for the 5 good questions picked by guests and Team)

Question 1: I see BANKING as an archenemy of Crypto, but CASHAA has been able to successfully incorporate both, how have you been able to achieve this and survive the backlash from traditional financial institutions

What improvements would you like to add to Cashaa , will we see CASHAA utilized/ accepted in stores like Amazon, Walmart etc.

Ms. anina Lowisz- VP Corporate Services of Cashaa

Banking should not be seen as enemy of crypto, as it does not replace banking. Even if crypto was way more popular as it is today, there would still be the need for banks. We since the beginning of our journey knew that there will need to be a bridge between both worlds for a long time, and that they should complement each other.
Also cryptocurrency can be made compliant, it was not made to be anonymous. Thanks to our focus on compliance and AML and our comprehensive tools with which we were able to make crypto transactions compliant with regular banking, we got a huge advantage due to which we got partnerships with banks and other regulated companies. We are just starting with the underbanked crypto industry but our aim to become the largest banking platform in the world with Bitcoin and CAScoin.

Rather than having a backlash from financial instutions we instead got positive response about working with us, we have multiple financial institutions as partners that we are using until we have our own license which we are expecting soon.

Question 2: Can I stake CAS? Where is available? What’s the reward for staking?

Ms. Janina Lowisz- VP Corporate Services of Cashaa

We have a staking program of 100,000 CAS to allow personal users to get access to crypto-friendly international banking.
The opening of personal accounts will start in July 2020. Only 21,000 Personal premium accounts with Visa cards will be issued in 2020 to give our international banking advantages only to the early adopters.

Follow Cashaa on Twitter and Join on Telegram to do not miss the amazing banking services.
https://twitter.com/yourcashaa
https://t.me/CashaaLtd

Question 3: Can you list some of Cashaa’s outstanding features for everyone here to know about? What are the products that Cashaa is focusing on developing?

Ms. Janina Lowisz- VP Corporate Services of Cashaa

We focus on banking underbanked businesses and have successfully targeted the crypto industry. Existing services for businesses worldwide except sanctioned countries include:
1. UK current account
2. Euro IBAN account
3. Card processing, powered by Paysafe
4. Exchange services for BTC, ETH, CAS and USDT in INR, Euro and GBP

Now we are working on the following:
Upcoming services:
1. Fiat on-ramp for GBP, Euro, USD and INR (June 2020)
2. Institutional liquidity API in EUR/GBP/INR/USD for 5 top market cap assets. (June 2020)
3. FX and international transfer (July 2020)
4. US dollar account (August 2020)
5. INR bank account (September 2020)
6. Cash handling from 43 branches in Indian Rupees (asap after COVID lockdown ends)

Mega launches:
1. Cashaa banking platform (July end 2020)
2. Personal banking (August 2020)

Question 4: What is your long-term vision about the industry which #CAS project is working at?Cryptocurrency industry is always thriving, what plans do you have to keep up with technology trends?

Ms. Janina Lowisz- VP Corporate Services of Cashaa

Our long-term vision is to become the global go-to banking service provider for the whole crypto space and beyond. With an ever-growing interest in crypto and daily new signups we see the industry growing for a long time and we see us as having come in the right time, as the first crypto-friendly banking platform providing the wide range of services that we have. We are ongoing following the industry and adding more and more services as you can see in our roadmap.

Question 5:

Q1. Why did you decide to start in UK as a company? How friendly are UK regulations for the commercialization of Crypto?

Q2. What is the process to adquire a Card from Cashaa? In which countries would I use it?

Ms. Janina Lowisz- VP Corporate Services of Cashaa

We started in London in 2016 as it was and is the centre of the global fintech/crypto/blockchain space, you find all you need there to build a successful business, including favourable regulation. It also is highly reputed, with a strong regulator, the FCA.

Question 6: WazirX also an Indian project is growing exponentially, especially its token. How can you compete and overcome them and dominate India?

Ms. Janina Lowisz- VP Corporate Services of Cashaa

We are currently providing liquidity to all top exchanges in India and roughly 50+ big OTC traders, so exchanges are our customers rather than our competitors.
We also have retail users of 1000+ who are mostly Cascoin owners and getting cheaper crypto than regular users. As a B2B provider, we are more focused towards the users who are OTC dealers or exchanges. Here is a recent article on Forbes covering our work in India: https://www.forbes.com/sites/billybambrough/2020/04/10/bitcoins-next-boom-has-already-begun/

Question 7: What success has Cashaa currently achieved? Does Cashaa prioritize developing its products or increasing the value of CAS tokens? @BlockchainGirl

Ms. Janina Lowisz- VP Corporate Services of Cashaa

We do prioritise developing our products, because the value of a utility token can only increase when there is a good product to use that has widespread adoption and solves a real-world problem. Only after the product is in place, the token value can follow. People should not see these 2 as separate, but as one being the requirement for the other. We over the past years focused completely on launching our banking platform, and only now that there is a proper utility, we have recently had CAS listed on MXC. This is also one of the things that sets us apart from many other projects, which care more about hype than about delivering first.

Now that we have our own banking platform and personal banking coming up, we are expecting an increase in CAS demand, as every user on our platform will need CAS to get access to our services.

Question 8: Will every country in the world have the opportunity to be part of the CASHAA Crypto services? How many countries are currently related to?

Ms. Janina Lowisz- VP Corporate Services of Cashaa

Yes, we since our launch have offered our services to businesses from any country except for sanctioned countries.

Question 9: could you tell us which are the countries that use Cashaa the most, and why do you think it is due (their acceptance)?

Ms. Janina Lowisz- VP Corporate Services of Cashaa

While we have customers worldwide, most of our business customers are from crypto-friendly European countries such as Estonia and UK. While it is no requirement to have your company based there, it comes with its advantages and many customers are opening new or additional companies there. We can also assist with opening a new company and obtaining a license: https://cashaa.com/company-formation

Moderator Mark

🔔***Rule***🔔
- Join :
@cryptoolalachannel
https://t.me/CashaaLtd
https://t.me/cashaanews
-Follow: https://twitter.com/yourCashaa

• Ask questions at AMA❇️❇️❇️
  -The copy question will be checked again after the AMA and will be rejected as a winner ❌❌❌
  -The final decision rests with the Cashaa (CAS) Team and Crypto Olala✅
  -Winner required : Register your account at: https://cashaa.com/ and perform steps to set up 2FA account security, Private Code.
  MUST signup at: cashaa.com

Information Cashaa Project (CAS)
- Website: https://cashaa.com/
Roadmap: https://cashaa.com/road-map
- Facebook: https://www.facebook.com/cashaaLtd/
- Twitter : https://twitter.com/yourCashaa
Twitter CEO Cashaa : https://twitter.com/kg_Cashaa
- Telegram: https://t.me/cashaanews and https://t.me/CashaaLtd
- Youtube: https://www.youtube.com/cashaa
- Exchange: MXC, BinanceDEX
MXC : CAS/USDT
BinanceDEX : CAS/BNB

Question 10: You have organized many AMA sessions to the international community in general and Vietnam in particular. What do you most want to get after AMA sessions from the community? @BlockchainGirl

Ms. Janina Lowisz- VP Corporate Services of Cashaa

You can all help us spread the word in your own networks, and sign up with us, get your referral link from your account, and help the businesses in your network get banked with us.

Moderator Mark

Ok, Segment 2 is over.

Many thanks Mrs. Janina Lowisz — VP of Corporate Services of Cashaa today came here to talk to the Crypto Olala community ❤️❤️❤️❤️❤️

I hope the Cashaa project will grow and be more successful in the future 😁😁😁

Ms. Janina Lowisz- VP Corporate Services of Cashaa

thanks for your questions! 😊

if you have any further questions or have an idea for us, ping me here 😊

thank you

Hope Cashaa will reach its our goal and reach all expected roadmap as well as become bigger and have more contribution to the growth of crypto/blockchain industry. Thanks for having AMA with us.