wyre introduction
Wyre's main business focus is in the field of cross-border payments, especially the market between China and the United States. Wyre uses bitcoin, ethereum, litecoin and other blockchains to settle transactions as a medium of exchange between businesses in the two countries. Among the partner companies is NihaoPay, a Chinese e-commerce payment company. Michael Dunworth, founder and CEO of Wyre, said that Wyre hopes to simplify the process of remittances, while businesses adopt bitcoin as a cross-border payment method, they do not actually need to hold this digital currency. Take all the headaches out of blockchain learning and send money directly using the API. It is entirely based on blockchain technology and not through banks.