FinTech Magazine - June 2022 | Page 34

SAPHYRE
the car yet because they only see the wheels , or they only see the transmission , or the seats .
“ So that ' s what we ' re trying to bring together . We ' re not trying to make the wheels too , and put other people out of business . We may have our generic version just to show what a car concept looks like . If you are Michelin and you make great tyres , we prefer your tyres . We want to be interoperable .
“ The thing is , some of these companies are afraid of that . They ' re afraid of what may come from connecting to something that builds something better , and we ' ve been trying to evangelise over the last five years that things can be done differently , much more efficiently , and more intelligently . That ' s really the mission .”
This mission was started by Gabino , with Stephen adding his own skill set to the mix . Now the company is expanding , and the industry has taken notice – with big-name executives signing up for the Saphyre ride . Gabino always knew it would take time , but now it is Saphyre ’ s time .
“ The penny is starting to drop . It ' s that snowball effect ,” says Gabino . “ I knew in the very beginning the foundational work we did to build our technology wasn ' t going to be appreciated until we had built upon the foundational technology infrastructure to
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