How to boost your business with the programmable euro

CashOnLedger

The programmable Euro on blockchain to leverage smart contracts

PROBLEM

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

CURRENT SITUATION

There is no blockchain/DLT system that offers traditional currencies complying with all required licenses to enable programmable money

MEANS

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

TECHNICAL PREREQUISITES

In order to execute smart contracts denoted in EUR, USD, CHF a distributed ledger infrastructure is necessary but so far not existing

PROCESSORS

There are hundreds of banks and exchanges where you can trade and exchange these currencies.

SOLUTION

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

IMPLICATIONS

Creating a platform with distributed ledger technology that offers traditional currencies allowing smart contract execution while complying with regulatory requirements (E-Money license).

HOW

CashOnLedger combines Euro and blockchain technology with an E-Money license to allow programmable, fast, automated, transparent secure payments

Smart contracts

Enables automation which allows creation of new business models and cost reduction

Potential for efficiency

Shorter processes and frictionless cooperation

IBAN/wallet bridge

CashOnLedger does IBAN/wallet mapping, meaning that the payments to an IBAN are transferred into a specific wallet

Blockchain security

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

USE CASES

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.

WHO