How to boost your business with the programmable euro
The programmable Euro on blockchain to leverage smart contracts
What keeps corporates from boosting their business and entering into valuable partnerships
$110 BILLION EURO OF ILLIQUID CAPITAL IN DE, FR, UK, PL, TUR AND CHN
· Primarily “frozen capital” in the manufacturing industry
· Manufacturing industry is a key wealth producing sector of the industry
OPACITY REGARDING MULIPLE TRANSACTIONS WITH BUSINESS PARTNERS
· Limited international cooperation with cross-border payments
· Asset-finance and programmable money plays an important role to streamline business processes
56% OF PAYMENT PROVIDERS WORK ON NEW TECHNOLOGIES
· Strong international competition entering national markets
· Fragmented solutions and lacking interoperability and automation causes for the clients
There is no blockchain/DLT system that offers traditional currencies complying with all required licenses to enable programmable money
There is a variety of traditional currencies used for transactions every day, minute-by-minute; hence, EUR and USD is required not Bitcoin or cryptos
In order to execute smart contracts denoted in EUR, USD, CHF a distributed ledger infrastructure is necessary but so far not existing
There are hundreds of banks and exchanges where you can trade and exchange these currencies.
The Euro is programmed for you
integration into existing systems through IBAN/wallet gateway. Transfer of EUR on chain via IBAN.
Transform EUR, CHF and USD with tokens into programmable money for smart contracts
Backed by compliant e-money license with EU law framework
Creating a platform with distributed ledger technology that offers traditional currencies allowing smart contract execution while complying with regulatory requirements (E-Money license).
CashOnLedger combines Euro and blockchain technology with an E-Money license to allow programmable, fast, automated, transparent secure payments
Enables automation which allows creation of new business models and cost reduction
Potential for efficiency
Shorter processes and frictionless cooperation
CashOnLedger does IBAN/wallet mapping, meaning that the payments to an IBAN are transferred into a specific wallet
CashOnLedger leverages the security features of blockchain technology
E-Money instead of crypto
The use of E-Money eliminates downsides of cryptocurrencies; blockchain improves usability of E-Money. Accounting & taxation easier as with cryptocurrencies
Enabling Internet of Things (IoT)
CashOnLedger enables M2M payments in Euro and therefore IoT business models
Spillover effect on internal functions
Payments over the blockchain network are reliable and trustworthy, reducing the efforts of accounting and auditing to a minimum
With our vision and focus of activities, we can enable a variety of use-cases in multiple industries
The Euro blockchain offered by CashOnLedger can be used for new business models, e.g. automated transactions and smart contracts between a weather service, where sensors automatically sell data for Euro.
Connecting sensors of supply silos directly with automated purchasing processes. Silos will re-stock themselves and conduct automated payments denoted in Euro with CashOnLedger.
Allow IoT devices and machines to handle secure and instant payments with a E-money license. Enabling logistics use cases.
Payments between vehicles in traffic – utilizing CashOnLedger to allow IoT devices integrate with Euro-denoted smart contracts. This allows autonomous vehicles to pay, bill and receive Euro in an automated way.