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Remittance Journeys

📖 Unfamiliar terms? See the glossary for definitions.

Use case: Sending money across borders (Spain → Venezuela, etc.)

Two Sides of the Same Transaction

Remittances involve two parties in different locations:

Sender

Role: Active BCH Buyer
Example: María in Madrid sends €100 to Elena in Caracas
What they do: Buy BCH via Asgaya, create covenant, send to recipient

Recipient

Role: Active BCH Seller
Example: Elena in Caracas receives €100 from María
What they do: Claim BCH from covenant, cash out at local merchant

Why These Are Grouped

Sender and recipient are two perspectives on the same flow:

Sender creates covenant (locks BCH for recipient)
Recipient claims covenant (gets BCH or cashes out)

Geographically separated - sender and recipient are in different countries (remittance corridor).

Contrast with customer/merchant:

Customer and merchant are often in same location (commerce)
Customer buys and spends BCH immediately (no covenant delay)

Phase 0 Focus

Remittances are the Phase 0 priority because:

High fees in traditional market (5-8%)
Clear value proposition (1% vs 5-8%)
Natural use case for volatility protection (H€/HAu tokens)
Builds merchant network (recipients cash out → merchants accumulate BCH)

Customer/commerce flows are Phase 1+ (natural extension once infrastructure exists).

Explore: Sender Journey | Recipient Journey
Back: User Journeys

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📖 Glossary

In this section:

Sender - Active BCH buyer
Recipient - BCH seller

Related sections: Merchant Journey · Trader Journey

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