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Base Layer Episode 039 - Michael Dunworth (Wyre)
Manage episode 235894323 series 2513509
Content provided by BlockWorks Group and David Nage | BlockWorks Group. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by BlockWorks Group and David Nage | BlockWorks Group or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Michael Dunworth, Wyre Co-Founder and CEO joins Base Layer to discuss what their 6 year old company is up to these days. For both individuals and enterprises alike, transferring money internationally serves as one of the most practical use cases for blockchain technology. By accelerating the speed and reducing the cost of international payments, blockchain can help businesses at every scale operate more efficiently and drive substantial spikes in revenue. Wyre uses proprietary blockchain technology to complete cross-border payments, cutting the time and expenses traditionally tied to banks and other financial institutions. While banks take up to 3 days and charge between 4-6% for international money transfers, Wyre completes transactions in less than six hours, charging less than 1%.
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257 episodes
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Manage episode 235894323 series 2513509
Content provided by BlockWorks Group and David Nage | BlockWorks Group. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by BlockWorks Group and David Nage | BlockWorks Group or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Michael Dunworth, Wyre Co-Founder and CEO joins Base Layer to discuss what their 6 year old company is up to these days. For both individuals and enterprises alike, transferring money internationally serves as one of the most practical use cases for blockchain technology. By accelerating the speed and reducing the cost of international payments, blockchain can help businesses at every scale operate more efficiently and drive substantial spikes in revenue. Wyre uses proprietary blockchain technology to complete cross-border payments, cutting the time and expenses traditionally tied to banks and other financial institutions. While banks take up to 3 days and charge between 4-6% for international money transfers, Wyre completes transactions in less than six hours, charging less than 1%.
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257 episodes
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Similar to Base Layer
Bitcoin pioneer Charlie Shrem peels back the layers on the lives and backgrounds of the world's most impactful innovators. Centering around intimate narratives, Shrem uncovers a detailed, previously unspoken story of the genesis and evolution of bitcoin, cryptocurrency, artificial intelligence, and the web3 movements. Join Shrem as he journeys through the uncharted territories of tech revolutions, revealing the human side of the stories that shaped the digital world we live in today.
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continue reading
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continue reading
Three nerds discussing tech, Apple, programming, and loosely related matters.
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continue reading
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