U.CASH UCASH

$0.0034
Market Cap $ 6.321 MM
24h Volume $ 3.862 K
Chg. 24h: 11.76%
Algo. score 3.6/5  (#104)
Show Quick Stats

U.CASH project purpose and description

U.CASH clarity of purpose

U.CASH purpose and aspects

U.CASH is a peer-to-peer network of retail service providers (converters) combined with online and mobile applications (apps) targeted towards financial services and inclusion. It allows any person in the world to access bank-like services without the actual need to interact with a banks. The U.CASH (UCASH) token is a universal access key which gives users access to services on the Ucash network as well as advanced functionalities. This token will be distributed using an Initial Bounty Offering (IBO) model to enable more equitable access. Initially, UCASH will be created and distributed during the IBO period using the ERC20 standard on top of the Ethereum blockchain. Once the IBO is concluded, U.CASH will also create the equivalent amount of UCASH on various blockchains including Bitcoin and others.

Short description

U.CASH is a peer to peer, financial service platform designed for the entire world. Go seamlessly between digital currencies and fiat cash through our retail converter network. Access financial services on the U.CASH platform.

Abstract

U.CASH is a blockchain based financial platform and digital asset converter network with a built in cryptocurrency for payments of fees, execution of smart-contracts and additional functionality. Our retail converters are our branches and ATMs. Retail converters range from brick and mortar businesses to individual mobile converters, providing in-person loading and unloading capabilities. Online converters accept various remote funding options (such as bank deposits, online transfers, remittance networks and other forms of payment) increasing the capability of users to easily access the network even without a retail converter nearby. Our partners are 3rd party providers who enable users with access to specific services in their local areas. These include access to local bill payments, mobile phone service providers, remittance networks, loan management, prepaid cards and much more. Our merchants are businesses (or individuals) who accept U.CASH (or any other forms of digital cash) as payments for their services or products. Our users are anyone in the world who wants to truly control their money, digital assets, data and access to various services and funding methods regardless of where they are. Transactions are entirely peer-to-peer between all users, converters, merchants and partner service providers, allowing for quick settlement and high degrees of trust when used in combination of our review feedback system. Specific smart-contracts enabled by blockchain technology govern all transactions on the network while allowing access to previously impossible types of services such as blockchain based notarization and decentralized escrow capabilities.

Link to Roadmap: https://u.cash/growthplan
Enjoying our data? We have spent over 4000 hours on Platform Development and Coin Research. Donations are welcome!
Trading and investing in digital assets is highly speculative and comes with many risks. The analysis / stats on CoinCheckup.com are for informational purposes and should not be considered investment advice. Statements and financial information on CoinCheckup.com should not be construed as an endorsement or recommendation to buy, sell or hold. Please do your own research on all of your investments carefully. Scores are based on common sense Formulas that we personally use to analyse crypto coins & tokens. We'll open source these formulas soon. Past performance is not necessarily indicative of future results. Read the full disclaimer here.
Dark Theme   Light Theme
1