ETHERECASH

ETHERECASH

Etherecash is a blockchain-based platform, designed to revolutionize three core functions of finance; to Lend, Send and Spend. By integrating blockchain and smart contract technology, we can create better transparency and greatly enhance customer experience.

Etherecash aims to establish itself as a secure and reliable decentralized financial ecosystem. Our platform will offer advanced banking activities supported on the Ethereum blockchain, including peer-to-peer lending, worldwide money transfer and a multi-crypto debit card.

We understand the importance of legal framework and are backed by some of the industries’ most reputable lawyers. Our smart contracts were created with their support to ensure the borrower and lender engaging in peer-to-peer loans on our platform are protected and secured throughout the loan process. After agreeing on mutual terms, they are locked into the smart contract, so the contract will auto-execute only as per those agreed terms, giving assurance and peace of mind to all parties involved.

Obtaining a loan while asset rich, but cash poor, is quite a big challenge. That’s why Etherecash has incorporated crypto assets as a means of collateral against which a loan can be issued. This enables you to best utilize your crypto assets, while getting instant access to cash flow. Your cryptos are held as collateral for the duration of the loan and returned to the borrower on repayment of the loan plus interest.

Etherecash aims to bridge the gap between those with access to finance and those without, eliminating borders, intermediaries and prejudices. By bringing the 3 core functions of finance on the blockchain and using smart contract technology we can significantly improve transparency, reliability and security in financial services. We want to revolutionise how you Lend, Send and Spend with the Etherecash platform. Etherecash Token is an ERC20 token constructed on the Ethereum Smart Contract that permits a seamless integration and placement on the Ethereum Blockchain……

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published on:June 13, 2018