Epiphyte.com – Making International Money Transfers Secure, Faster & Cheaper
Finding Genius Podcast
Richard Jacobs
4.4 • 1K Ratings
🗓️ 1 February 2017
⏱️ 38 minutes
🧾️ Download transcript
Summary
Using Epiphyte's platform, you can start transferring money straight away without the need to have a bitcoin wallet or buy bitcoin itself.
Using lightning network for fast transactions (1000 per second), Epiphyte is able to scale when needed and provide faster, seamless transfers of money worldwide.
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Transcript
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| 0:00.0 | Welcome to Almost Here, Around the Corner of Future Technology Podcasts with Richard Jacobs. |
| 0:07.0 | Future Technologies is poised to transform our lives for better or worse for the focus of this podcast. Almost here |
| 0:14.3 | means these technologies are now here and starting to be used. We're just around the |
| 0:18.8 | corner from Bitcoin to Artificial Intelligence, 3D printing, blockchain, virtual reality, and more. |
| 0:25.4 | Hi this is Richard Jacobs with Future Tech Podcast almost here around the corner |
| 0:31.2 | technology and today I have Eden Yago, CEO of epiphyte.com. |
| 0:38.0 | Epiphyte helps do, I guess it looks like instantaneous or near instantaneous transactions in the banking world, |
| 0:47.0 | but I'll let you on talk about that more. |
| 0:49.0 | How are you doing, sir? |
| 0:51.0 | Good, thanks for having me on. |
| 0:53.0 | Yeah, appreciate it. |
| 0:55.0 | So, would you mind giving listeners a rundown of what Epiphyte does and how it works? |
| 1:00.0 | Sure, so what Epip is we're one of the few companies in the world who are able to offer |
| 1:11.3 | the ability to perform cross-border payments and transactions that bypass the banking system. |
| 1:17.0 | In other words, your payments are not done by banks, they're done over a new type of technology called the blockchain. |
| 1:26.0 | And we're actually the only company in the world right now who are licensed by a major regulator to provide this type of cross-border clearing and |
| 1:38.0 | settlement. |
| 1:39.0 | And what's really interesting about it is even though what we're doing bypasses the banks a lot of our |
| 1:45.2 | biggest customers are banks and that just tells you how screwed up the world of |
| 1:49.4 | cross-border payments is., when I looked on Google, an epiphyte is a plant that grows harmlessly upon |
| 1:58.9 | another plant. |
| 1:59.9 | It gets its moisture and nutrients from its surroundings. So I guess you're you're growing on top of the banging system and but you're helping it perform better and faster. |
... |
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