LightCash Receives tens of Millions in strategic Investments from TopFund

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Jul 16, 2018, 22:29 ET

SINGAPORE, July 16, 2018 /PRNewswire/ -- LightCash recently announced that the project has received tens of millions in strategic investments from TopFund, a well-known blockchain investment institution.

LightCash is a global blockchain-integrated payment platform. Through building a multi-centralized cryptocurrency payment ecosystem (LightCash Wallet, LightCash Commercial Platform and LC-BaaS-LightCash Blockchain as a Service), LightCash is able to provide a safe, convenient, efficient, and cross-chained digital asset payment platform.

Liu Siyu, founder of TopFund's Blockchain Fund, speaks highly of LightCash."I was impressed by LightCash when I first saw it. I think LightCash can be considered a next-generation cryptocurrency payment solution provider that integrates compatibility, application, security, and efficiency. LightCash's unique 'Notary Mechanism + Side Chain' hybrid cross-chain approach is very interesting. It helps users to manage and use the DAPP, by using cryptocurrency to pay safely and conveniently as well as providing technical solutions to enterprises and organizations with payment needs and the groundwork for DAPP construction. "

"We hope that LightCash could provide a convenient payment platform for everyone and becomes a better crypto payment platform in the blockchain era than PayPal did in the internet era," Youssef Warda, CEO of LightCash said. Warda was an accreditation programmer at London Computer University, a blockchain course lecturer, and also has working experience as a business consultant and project director in many global corporations in Egypt.

2018 will be a critical time for the public to form a better understanding of cryptocurrency. People will not only know the existence of various cryptocurrencies but also want to know which cryptocurrencies to purchased and use. The London British Exchange (LBX) pointed out in a study that by the end of 2018, one in every three young people will become a holder or investor of cryptocurrencies.However, there are current market pain points, such as trading large amount of cryptocurrencies, inconvenient management, high threshold of entering and use, high prevalence of mainstream cryptocurrency, slow transfers, high transaction fees, and limitations in processing micro-payments.

LightCash has built up a scalable and cross-border payment solution (LCASH PAYMENT NETWORK, LPN) and helps organizations and companies to gain access to the rapid deployment of blockchains.

LightCash has lined up a solid team:

CSO - Dr. Wasserman, an expert in information systems, analytics, start-up innovation, blockchain business models, behavioral economics, enterprise architecture, and systems analysis. He graduated from Harvard University, was a former managing partner of Timewave Analytics, LLC and a technical adviser of AT&T communications companies in the United States and Unisys;
COO - Dr. Xu, a visiting professor at Columbia University and former World Bank lead of big data scientist;
CMO - Emmit Shandro, an early bitcoin investor.