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Qash is a token created by Japanese company Quoine in 4th quarter of 2017. Quoine replaced two former exchanges Qryptos and Quoinex.
Initially Qash was built on top of Ethereum blockchain as a ERC-20 token, but from 2nd quarter of 2019 Quoine launched their own blockchain, so they can adapt it to financial services industry.
The main purpose of this token was to solve lack of liquidity problem for companies, enterprises and financial institutions. The main difference from otherShow more [+] chains is that Quione acts as a classical non-cryptocurrency financial establishment: they were licensed by the Japanese FSA (the first cryptocurrency company in the world that received this licence), all their customers have to satisfy anti money laundering regulations and the company regularly receives financial audits from Deloitte.
Key features of Qash based platform Liquid+ are World Order Book (which intends to aggregate order books from all exchanges in the world) and Prime Brokerage Services (tools to increase ROI and reduce counterparty risks).