Welcome to our first episode of Fintech and Web3 Founders series! Our expert hosts Ronit Ghose and Gaurav Dhar had a chat with Ray Youssef, an accelerating Fintech entrepreneur who created one of the biggest peer-to-peer cryptocurrency exchange platforms, Paxful. We deep dived into how crypto could be a more convenient form of payment and store of value for the underserved population, and how it could help solve financial inequality around the world.
As Ray said,
“Cryptocurrencies are the universal translator and transportation of money. Previously just like Hawala network in Roman Empire, and now that ledger in today’s world is called as Blockchain.”
Ray Youssef, CEO of Paxful
The insightful discussion highlighted key themes within crypto world in Africa and Asia:
🔹Flaws within Africa’s payments network
🔹How Bitcoin could increase financial inclusion and their use cases
🔹Origin of the Hawala remittance system and blockchain as the new international ledger
🔹Global KYC system and regulatory implications around cryptocurrencies
You can watch the sessions below on Youtube, or listen it on Apple and Spotify Podcasts.
