Flash: Connecting the Caribbean
summary
Flash is a hybrid-custody Lightning wallet that wires remittances into local cash-out shops using IX for a USD‑denominated custodial balance (about 0.5% cash‑out fee) and Breeze SDK for a one‑tap conversion to a noncustodial Bitcoin wallet. Backend runs on Kubernetes, features QR invoices, Nostr encrypted chat, Delo maps, mobile push for offline receipts, and open‑source MIT code. Pilot launches in Mandville with 9 stores in March, full Jamaica rollout Q3 2024 and regional expansion aiming for Caribbean coverage by 2025. Main risks: KYC via partners, user education and offline payments.
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chapters (8)
- 0:00Flash and Caribbean payments
- 2:48Caribbean financial challenges
- 5:23Bitcoin wallet for Jamaica
- 10:01Flash approach: regulation and tech
- 15:45Designing for Caribbean usability
- 19:13Why now for Flash
- 22:44Flash mission and open-source
- 23:30Flash challenges ahead
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