Our Crypto IRL collection showcases people who’re main the cost within the crypto revolution through the use of cryptocurrency in actual life to drive monetary inclusivity, enterprise, and innovation.

We’re excited to share a current dialog we had with Bernardo Garcia, Co-Founding father of Félix Pago, the world’s first chat-bot on WhatsApp that enables Latino immigrants within the US to ship remittances overseas.

Félix Pago leverages blockchain and AI to make remittances as easy and quick as sending a message.

Hey Bernardo! Inform us a bit about Félix Pago

Félix Pago serves exhausting working overseas born Latino immigrants that reside within the US and supply assist to their relations that stayed of their house nation. We leverage blockchain and AI to make remittances as easy and quick as sending a WhatsApp message.

Félix was constructed to fulfill Latino’s the place they’re, on WhatsApp, and to assist them save money and time once they handle their family members.

Superior. And the way does Félix Pago use crypto as a part of their operations?

Félix leverages steady cash to get the client’s funds from the US to Mexico.

First, the client sees a assured alternate fee of USD/MXN within the Félix chat. As soon as they pay, Félix takes the funds, converts them into steady cash, after which executes the required trades in crypto to get the Mexican pesos within the fingers of the client’s beneficiary in actual time.

What have the advantages been to the enterprise since introducing crypto?

The principle advantages of utilizing crypto are the velocity of the transactions and the low prices.

Doing a cross-border transaction by way of conventional rails, like swift, takes days and may be very costly, which makes it inefficient.

Lastly, what do you assume the way forward for crypto holds — in 2023 and past!

We consider that the way forward for crypto is when it powers our everyday lives and we don’t even discover it! That’s what Félix is all about.

Ultimately, what issues to us and our clients is that the funds get from A to B in actual time on the lowest attainable value.

Do you’ve gotten an instance to share of how cryptocurrency is getting used IRL? Tweet us! @blockchain