What Is QASH? A Guide to the Liquidity-Focused Blockchain

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what is qash

Transactions are processed quickly and securely using blockchain technology, which allows users to transfer funds without having to worry about third-party intermediaries or fees. Additionally, QASH offers users access to a wide range of financial services such as loans, savings accounts, investments, insurance products, and more. Quoine is viewing QASH as a future preferred payment method for a wide range of financial services. Increasing adoption of the Quoine network services by fintech companies, financial institutions and other partners will give QASH greater utility.

what is qash

QASH Facilitates ICO Investments

what is qash

QUOINE has built banking relationships in markets previously underserved by the crypto community. They plan to offer fiat gateways with Japan, Europe, USA, Singapore, Philippines, Indonesia, Taiwan, and more. In fact, the 2008 financial crisis was initially triggered when BNP Paribas suspended liquidation of three of its money market funds citing illiquid markets.

what is qash

A summary of QASH and why I believe it will serve a pivotal role in the growth of the cryptocurrency market worldwide.

In Coinbase, visit the “Buy / Sell” tab at the top, select “Ethereum”, choose your payment method and enter the amount you wish to purchase – you can either enter a US Dollar amount or a number of Ether. A further 20 percent will be put toward product development, and 15 percent will go to each legal/regulation and operations. Right now, QASH is an ERC20 token, so you’re able to store it in any wallet with ERC20 token support. The Prime Brokerage half of the Quoine Liquid platform basically gives you access to the features outlined in the previous World Book section. QASH experienced two significant price bumps since then – one in the middle of December after bottoming out and one in the beginning of January.

what is qash

The Future of QASH and LIQUID

Forward thinking (or idealistic) retail investors were the first to invest while institutions were left on the sidelines. Make sure you use our link to signup you will be credited with $10 in free bitcoin when you make your first purchase of $100. Twenty percent goes to QUOINE shareholders and management, 30 percent to the ecosystem and community, and 15 percent to the institutional buyers and strategic partners, who are long-term holders. In five years, this https://www.tokenexus.com/ distribution should change with just the 20 percent for management and shareholders and the remaining 80 percent available to the public. With these fiat and crypto facilities, customers can leverage existing balances to get enhanced trading opportunities and can use their choice of crypto or fiat as collateral. QASH experienced two significant price bumps since then – one in the middle of December after bottoming out and one at the beginning of January.

QASH (QASH) is a Digital Asset Token

Quoine is unique in offering this suite of functionality all through one platform. Using Prime Brokerage, you can also extend a credit line and leverage trades using your existing balances.

  • According to their whitepaper, it “will allow us to complete immediate fiat transfers globally” which would greatly benefit a global liquidity provider handling various different fiat currencies around the world.
  • Furthermore, QUOINE has been building partnerships with a network of banks over the last three years to ensure the quick transfer of your fiat funds.
  • The team also emphasizes in their whitepaper that other organizations may use it for their own purposes similar to how some financial institutions use the Ripple XRP token.
  • The Matching Engine is based on decades of financial services knowledge and will be designed to process millions of transactions per second.
  • So for instance when institutions start to utilize the platform, it means that this money will start to flow through the QASH token as well.

What Is on the LIQUID Roadmap?

What Is QASH? A Guide to the Liquidity-Focused Blockchain

  • Because QASH is a utility token, additional LIQUID users and growth of the platform should ideally lead to further price increases.
  • The goal of QASH is to make cryptocurrency payments more accessible and secure for everyone.
  • Quoine is being somewhat cautious as they rollout the tokens, which is understandable considering that the coin is expected to be widely used within the financial services industry.
  • Boasting executives from a who’s who of companies including JAFCO (200B market cap), PWC, Softbank, Yahoo, Singapore Telecom Group (60 B), Credit Suisse, Goldman Sachs, Morgan Stanley, Paypal and the list goes on and on.
 

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