The text transcript of the video above.. 👆👆👆
Cross-border payments are still carried out using systems created decades ago.
Slow interaction. Ubiquitous intermediaries. Disclosure of data at each stage.
ThunderPay is changing that.
In this demonstration, the value is being moved from the UK to Africa directly.
There are no correspondent banks. There are no clearing houses. There is no transparency about who paid whom, or why.
Only mutual settlements.