Financial Solutions startup Etherecash has announced its blockchain-backed financial platform.
Financial services startup Ethercash has proudly announced its Pre-ICO Campaign, which will raise funds to develop its blockchain-backed financial platform. The Ethercash platform aims to revolutionise three core functions of finance to bring greater transparency and security in the way we lend, send and spend. The Etherecash platform will allow its users to leverage their cryptocurrency holdings to acquire fiat currency loans without the need for credit history, through the application of lawyer-backed smart contracts. The Etherecash Pre-ICO campaign will run from October 25th, 2017 until November 7th, 2017 and ICO campaign will begin November 15th, 2017 and finish on December 19th, 2017.
In the modern world there are over 2.5 billion unbanked people, with no access to basic financial services resulting in exclusion. In addition, current financial systems tend to be rigid with complex lengthy systems and often unfair criteria that prevent us from getting a loan. Etherecash’s mission is to solve this problem by offering these individuals the chance to acquire fiat currency loans, based on the strength of their cryptocurrency portfolio. Etherecash aims to totally disrupt the financial services industry by introducing its decentralized, transparent lending platform, which is driven by safe, lawyer-backer smart contracts.
https://coinidol.com/ethercash-revolutionise-core-functions-of-finance/