What inspired you to pursue a career in your specific industry?
Why did you decide to work in your particular industry? I had an exciting career path working as a project engineer at Wipro, where I was primarily responsible for Ferrari’s navigation systems. But I had a strong desire to have a bigger social influence. The Bitcoin Whitepaper, written by Satoshi Nakamoto, first caught my attention in 2013 and made me realise how revolutionary blockchain technology could be. Not only were the decentralisation, transparency, and security features of blockchain technology breakthroughs, but they also served as instruments to transform conventional banking and give people worldwide power. I had officially entered the FinTech space by 2014 and was working on blockchain-based ideas. My unique approach and potential were acknowledged by the Italian Government, which granted me a scholarship to pursue a Master’s degree at “Politecnico di Milano.”I co-founded Darwinsurance, the first peer-to-peer insurance platform in Italy, when I was there. AIG Ita helped us get off the ground, and Esedra bought us in 2016. After all of this, in October 2016, Cashaa was founded with the goal of bridging the gap between traditional banking and the emerging cryptocurrency space.
Could you give a quick rundown of the professional and educational experiences that have influenced your path thus far? Our upbringing has a profound impact on both our attitude and intelligence. During my early years at Nalanda, I developed a strong work ethic and a strong feeling of community, which helped me to internalise the virtues of tenacity, resiliency, and teamwork. The cornerstones of my leadership philosophy are these ideas. I was exposed to a variety of global viewpoints during my stay in Milan, which encouraged flexibility and creativity. The rich artistic, cultural, and technological heritage of Italy encouraged me to think beyond the box and welcome new challenges with an open mind. The expertise gained from starting and co-founding Darwinsurance and other entrepreneurial endeavours has been beneficial in assisting with the challenges of developing and growing profitable businesses.
Managing obligations in both your personal and professional life can be difficult. How do you successfully maintain this balance? Driving Cashaa’s success is my first goal, but I also incorporate philanthropy into my leadership style since I see it as a natural part of my job. I place a lot of importance on education since it can change people and communities for the better. My motivation stems from the belief that realising this potential is crucial to ending the ignorance and helplessness cycles. I actively support projects to construct schools, give meals, and give books to children from disadvantaged backgrounds through partnerships with non-profits. The goal of education spending is to build a more intelligent and resilient society that is based on the ideas of tenacity and the notion that no challenge is insurmountable.
If you were to look back on your professional life to date, what particular accomplishment or noteworthy moment stands out to you? The United States government granted me extraordinary (O-1) status in 2017 in appreciation of my groundbreaking work in blockchain technology, and Rise Global named me one of the Top 100 Most Influential People in Blockchain from 2016 to 2018. My nomination was also received in 2017 for the UK’s “World’s Top 50 Innovators from the Industries of the Future.” 2021 will see the move to Dubai. The UAE-India Partnership Summit named me the Best Crypto Entrepreneur in the Middle East, and in 2023, H.E. Nahyan bin Mubarak Al Nahyan, a senior member of the royal family, cabinet minister, and minister for tolerance and coexistence in the UAE, awarded me the Golden Excellence Award.
What inspires and fuels your enthusiasm in the work you do now? In the financial and blockchain industries, durability and agility are essential. My in-depth knowledge of the wider financial industry ramifications of blockchain technology, as well as its technical nuances, enables me to foresee trends and effect significant change. My focus is on fostering cross-sector alliances and leveraging pooled skills and resources to achieve significant results. In addition, I set an example for others by mentoring them and encouraging an environment of ongoing learning and development in my workplace.
Which significant challenges did you encounter during your career, and how did you overcome them? Concerns about security and privacy are crucial in the global crypto banking industry. Although cryptocurrencies allow for pseudonymity, privacy issues are raised by the public nature of blockchain transactions. The traceability of a user’s wallet addresses and transaction histories may jeopardise their anonymity. By introducing privacy-focused cryptocurrencies or protocols like zero-knowledge proofs and cutting-edge encryption techniques, the industry is actively improving privacy features.
Another important consideration is security, since users of cryptocurrencies are vulnerable to dangers such as phishing and hacking due to their decentralised structure. In order to combat this, Cashaa advises users to utilise two-factor authentication and secure their wallets. We apply 2FA authentication, multi-sig wallets, and customer fund segregation to guarantee security and adherence to the most recent security guidelines.
Could you elaborate on any creative tactics or programmes your business has put in place to keep one step ahead of the competition?
Our unique selling points as a financial institution include competitive yields on cryptocurrency, safety, and security. In the market, Cashaa is a well-known brand that has a history of pushing the envelope to create goods that support the growth of the cryptocurrency sector. Our systems have never been hacked in our seven years of operation, giving businesses that entrust us with their billions of dollars peace of mind and the ability to retrieve their money whenever they need it. We are currently providing retail cryptocurrency customers with industry-high yields that are inflation-proof through the extension of our secure infrastructure. We combine a sustainable yield concept that is independent of the market with stringent European regulation. We have never operated from offshore jurisdictions to evade regulation, in contrast to many cryptocurrency businesses. The durability of our concept throughout several bear cycles is evidence of our dedication to security and legal compliance. Our interface is so easy to use that even people with no prior knowledge with cryptocurrency can manage their assets safely, affordably, and instantly.
