When the best of an industry come together, the solutions offered are expected to be groundbreaking. The US startup Coin is delivering to all expectations.
They aren’t celebrities in the normal sense, but in the cryptocurrency industry, these folks are Stars. Coin, a US-based FinTech startup has brought together an amazing group of technology assets in its team of technologists and company advisors. So much so that one would be amazed if their newest solution, the Coin Exchange, was anything short of a smashing success. In brief, the standard features of the Coin Exchange are a decentralized cryptocurrency wallet and exchange that works peer-to-peer, is cross-chain, has an AI assistant, and so much more.
“By leveraging emerging technology, we are placing the power back into the hands of the people, and empowering consumers to manage their wealth with an innovative digital assets experience that is simple, secure, and personalized,” says Damon Nam, founder and CEO at Coin.
From Microsoft’s peak times to crypto CEOs
It all started more than 20 years ago with a friendship forged between two Microsoft coworkers. Damon Nam, CEO and Byron Levels, CTO, co-founders of Coin. Before Coin, Damon, with more than 20 years as a technologist, was a sixteen year IT services professional at Microsoft. In his last role at Microsoft as a US Services Program Director, he was responsible for driving and managing the Preferred Services Partner program for the US subsidiary; a program with approximately seventy-five partner organizations and a total book of business of over $90 million in revenue.
Byron Levels has 23 years of experience as an IT services professional with a wide range of expertise in developing solutions to help businesses succeed. Byron has worked for many Fortune 500 companies including Microsoft, AT&T, and American Airlines. Byron is an architect and application developer with a strong focus on e-commerce and business application integration. Byron is responsible for driving the architecture, implementation, deployment, and support for all engineering needs for Coin.
A top-tier power house
With a great deal of business and technology acumen, they set out to collaborate together to develop blockchain solutions that would empower the world to execute financial transactions freely and simply and in complete security. Prominent advisors such as Christina Apatow, founder of FetchyFox, Jeremy Gardner, founder of Augur, Alex Mashinsky, founder of Celsius Network, as well as Pete Cashmore, founder of Mashable, round out this all-star team that are moving forward with their plans to disrupt Crypto.
The solution they’ve created for exchanging assets, the Coin Exchange, with its cutting-edge technologies, allows consumers to do financial transactions of digital assets without any third party involvement. This saves time and money and is the most secure method of transferring value, as transactions occur directly between users from anywhere in the world. This also makes Coin Exchange non-susceptible to hacks as users are the only ones who have access to their funds.
The browser extension and AI assistant work in the background to allow faster execution of transactions and provide insights to help consumers. Coin Exchange’s AI assistant recognizes blockchain-related keywords from any webpage. This allows Coin to provide education, pricing information, or help consumers execute financial transactions directly from any webpage with an input field. Users can opt for a guided process to transact their cryptocurrency or can simply type text commands such as “Send $50 Bitcoin to @cryptojane” in any input field on the Internet.
Coin has simplified a heretofore complex process and saved everyone, who uses their solution, valuable time, and money.