The first and the most valuable decentralized cryptocurrency ‘Bitcoin’ originated in 2009—along with it also emerged new industries that dealt with the mining and trading of cryptocurrencies. Gradually, Bitcoin gained traction as people began to understand its significance. Currently, the cognizance of crypto or Bitcoin has influenced the globe. Enterprises and start-ups are emerging with fresh concepts pivoting around blockchain technology. This has allowed HashCash Consultants to diversify its field of expertise and innovate on several fronts rather than converging on the financial sector.
HashCash Consultants is a global software company that offers software-based products for remittance, corporate payment, currency exchange, payment processing, and more. It caters to these products to clients from different sectors such as banks, exchanges, merchants, and other enterprises. HashCash Consultants also offers Initial Coin Offering (ICO) services and customized blockchain use cases including Capital Marketing, Decentralized Financing (DeFi), Digital Identity, etc. The company solves the toughest challenges by executing innovative digital transformation strategies for clients around the world. Additionally, it runs a US-based digital asset exchange, PayBito, and a digital asset payment processor, BillBitcoins.
A Blockchain Pioneer
The Silicon Valley-based company was founded in 2015 and is presently under the direction of the CEO, Raj Chowdhury. He devises the strategy that drives the organization and in turn impacts the industry at large. Raj has several years of experience in blockchain and cryptocurrency. He is often involved in brainstorming sessions with the teams and ensures that the company keeps innovation pivotal to all its solutions and services. He also maintains constant communication to update the teams on the market influences and trends.
“I first came across Bitcoin in early 2011. Having experienced the depression of 2008 first hand—the concept of crypto lit the end of the tunnel. It was the reckoning of the experience that led me into the world of blockchain and cryptocurrency,” says Raj.
Raj actively takes part in creating global standards for interoperability by engaging with the International Standards organization and other industry standard-setting bodies. He also works with regulators globally to invent and create scalable architectures for businesses in the blockchain and crypto space.
“I believe that prosperity and advancement come with strategic alliances rather than competing with peers, especially in the world that we live in today,” says Raj.
Raj initiated the first-ever interbank Trade Finance and Remittance implementations of Blockchain between two major Global Banks in 2017, before joining HashCash Consultants in 2017. Since then, the company has launched several Blockchain and cryptocurrency-oriented services and products. HashCash Consultants has built a robust network of global partners and clients initiating interoperability across verticals.
Providing Crypto-based Solutions
HashCash Consultants designed products that enable seamless movement of assets and settlement of payments in real-time across borders. It is recently forayed into providing Central Bank Digital Currency (CBDC) and Non-Fungible Token (NFT) development, along with consulting solutions. The company also encompasses technological services including Artificial Intelligence (AI), Internet of Things (IoT), Big Data, Data Mining, and Analytics.
The offerings made by the company are unique as it has a strong and capable team that can capture the imagination and convert it into a software solution. The contribution of each member of the team is crucial for the growth and development of the company. HashCash Consultants credits its team of talented intellectuals and their cumulative effort for subsequent progress and success of the company. This also powers its wide spectrum of services spanning various technologies.
Pandemic: Staying Afloat
The COVID-19 pandemic has affected millions of people across different countries creating a worldwide health crisis. There were nationwide lockdowns on a global scale to prevent the contagion that disrupted businesses. Like most software companies during the pandemic, HashCash Consultants battled through the stagnation period of the marketplace. However, the company soon oriented its functioning around employees working from home.
During the initial periods of lockdown, HashCash Consultants were dedicated to serving the community. The company started an information network—it started publishing authentic COVID-19 related information and news on its website and media handle. This credible information helped other businesses stay afloat at the time of crisis. HashCash Consultants used a team of researchers and tracking apps to provide the data.
“The one thing that pandemic has certainly taught all of us is the importance of alternative. I try and maintain a backup plan or think of an alternative in most of my endeavors now,” revealed Raj.
Expansions and uninterrupted Growth
HashCash Consultants has physical offices in five locations along with a global network of partners that culminate into a 1200+ workforce. The company has recently extended its blockchain services. Presently, it also provides the technology behind CBDC and consultancy in the same domain. HashCash Consultants are also new entrants into the NFT space. Both the domains reserve revolutionary potentials, to empower individuals, and organizations—the former is all set to become a powerful tool for the state heads.
In the near future, the team of HashCash Consultants is looking forward to making progress with analytics, data mining, and cybersecurity, which are highly relevant given the current circumstances. Apart from that HashCash Consultants also plans to announce an IPO in the year 2022.
“We’re rooted in blockchain technology we’re incessantly researching and foraging for novel ideas and technologies into the branch,” says Raj.
Presently, HashCash Consultants’ team is collectively residing in a highly motivated frame of mind, despite the pandemic. This mindset has devised new inspiration and concepts for the future and incorporates the same into the current products and services. The company hopes to keep the momentum going till the end of 2021.
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