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.
The retail converters are the 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. The 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.
The merchants are businesses (or individuals) who accept U.CASH (or any other forms of digital cash) as payments for their services or products. The 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.