Meet the Filipino behind the world’s first social wallet

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Meet the Filipino behind the world’s first social wallet
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Introducing Louise Ivan Payawal, the young Filipino in the team that created the first ever social wallet Ryder

‘The next wave of crypto users is changing, and we can see it. They use NFTs as an access pass, a status symbol in real life, and even integrate them into their healthy lifestyle. Still, there’s a major challenge: none of the wallets today are designed for these cases. This is where Ryder comes in. It is designed to merge the physical and digital world.’

Cryptocurrencies, a subset of virtual currencies, employ cryptography, the practice of encoding information so that it can be decoded and processed only by its intended recipients to secure and verify transactions. Over a decade after crypto was conceived, the concept is still perceived as too technical and complex. For the average person, the user experience is time-consuming and cumbersome. These are some of the barriers that the team of Ryder aims to overcome. Its north star is simple: to bring crypto to the next billion users.

The world’s first social wallet combines the simplicity of established software wallets with the safety offered by hardware wallets—the best of both worlds. This creates an opportunity for those who want to enter the world of crypto to begin their journey, prevent theft and loss, and simplify identity management.

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manilabulletin /  🏆 25. in PH

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