An experience that to the common mainstream consumer still appears too much of a change, too much of a risk and not beneficial enough to make it, is now being significantly changed. Coin is the company that answers the questions crypto sceptics have been asking.
If you’re not an everyday investor or crypto expert, joining the blockchain revolution is a very intimidating and confusing experience. In fact, billions of consumers around the world are not able to take part in this amazing new industry because it is so complicated and scary. Just a glimpse at any Market index from a large global exchange is enough to strike fear into the heart of anyone getting ready to take the plunge into this mysterious world. Even experienced well-versed investors will admit it can be daunting.
This is a big part of the reason that Coin, a US-based FinTech startup was founded by a 16-year Microsoft veteran, Damon Nam, CEO, and his co-founder, Byron Levels, CTO. These lifelong technologists believe that the Blockchain industry needs a good “shaking up” to make it more readily usable by the non-technical consumer. An audience that represents the majority of the world population.
Coin is using innovative technology to give consumers new user experiences and interactions, for the purpose of blockchain gaining mass adoption. Coin’s goal is to be the cryptocurrency company that is finally going to disrupt crypto and thereby, open it up to the masses. Their newly launched completely decentralized solution is providing the path to that place where technology transforms a complex, risk-laden, costly proposition into something elegant, totally secure, easy to use, and — it gets better– it will save everyone who uses it time and money while providing education along the way.
“Crypto is trying to disrupt finance. We are going to disrupt crypto,” says Damon Nam, CEO of Coin The solution is called the Coin Exchange. Its standard package contains a laundry list of impressive features:
- Cross-chain P2P decentralized cryptocurrency exchange
(Supports direct user-to-user transactions across different blockchains without requiring 3rd- party or human intermediaries)
- Non-custodial atomic swap technology
(atomic swaps are the most secure method of trading digital assets)
- Artificial intelligence (AI) technology
(an integrated AI assistant that uses intelligence to help users save time and money)
- Integrated cryptocurrency wallet
(Securely store BTC, ETH, ERC20 compatible tokens, etc., all in one location)
The Coin Exchange also includes browser extension support for the Internet’s most popular web browsers. When installed, the browser extension uses AI technology to execute transactions faster and provide insights to help users save time and money. Similar to Grammarly’s grammar recognition, Coin Exchange includes an assistant that recognizes blockchain-related keywords in any webpage.
This allows Coin to provide education, pricing information, or help consumers execute financial transactions directly from any webpage with an input field. Consumers can send, receive and exchange transactions with assistance or simply by typing text commands such as “Send $50 Bitcoin to @cryptojane” in any input field on the Internet. What is currently considered a complex task that requires navigating to a company website, can now be completed in a matter of seconds while browsing the web, because with this installed, everyone’s wallet follows them all over the Internet.
Breaking down the complexity of finances and turning them into a safe, beneficial experience for the users, is what makes the difference that Coin offer. With the request for those exact services already being there, we are looking at the beginning of a success story.