What Is Qash?
Qash is a cryptocurrency founded by the Quoine, a company that is focused on all aspects of Fintech, they are seeking to provide trading, exchange and next generation financial services technology that will be powered by the technology of the blockchain. They have a strong belief that cryptocurrencies and blockchain will shape the future of financial services and have a focus of making financial services accessible to all. They are in the process of building Quoine Liquid, a
global liquidity platform backed by their QASH token.
The company has a few core products:
- Qryptos – This product allows for one to safely trade the most popular cryptocurrency markets on the “world’s most advanced trading platform”.
- Quoinex – Their exchange
- Liquid – To provide liquidity to the non liquid crypto economy. A global liquidity platform for all crypto investors, token issuers and a new generation of financial services customers. This liquid platform is comprised of two core pillars. The first is World Book which offers a multimarket order book that aggregates the world’s liquidity sources into a single highly liquid tradable order book and supports trading in the quote currency of one’s choice. The
system technically works through their existing matching engine and their smart order routing as well as their cross currency conversion technologies. The other aspect is their Prime Brokerage which offers direct market access (DMA), fiat management, crypto fiat/credit facility, and trading tools which facilitates liquidity. Their token, QASH will be the token that powers all of the services that are provided by Liquid.
Solving the aspect of liquidity in an illiquid market is crucial because it allows for more exchange to happen, freeing up flows of capital. Thus, providing the aspect of liquidity makes it easier for someone to sell their asset while not having to suffer a great loss in the value of the asset. To make this liquidity happen, they are partnering with fifteen of the largest exchanges in the world and more are potentially on the way, like Bithumb and others. This means that there will be access to all cryptocurrency pairs. At the present moment, one has to go to various exchanges to get tokens that they like. They would also seek to bring the best prices for each trading pair via their automatic streamlined system. Simply find the best value with minimal issues.
With the aspect of Prime Brokerage they will seek to deploy services like Goldman Sachs offers to its clients and make an impact in the cryptocurrency markets. They want to cater to both retail and institutional investors.
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