Coinpayments – Cryptocurrency Payments
Finding Genius Podcast
Richard Jacobs
4.4 • 1K Ratings
🗓️ 14 June 2018
⏱️ 18 minutes
🧾️ Download transcript
Summary
Closed systems stagnate quickly in times of rapid change and are prone to being overtaken quickly by innovators. Open & democratic payments is the most robust and profitable model, help us grow this idea.
Transcript
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| 0:00.0 | Welcome to Almost Here, Around the Corner of Future Technology Podcasts with Richard Jacobs. |
| 0:07.6 | Future technologies are always to transform our lives for better or worse or the focus of this podcast. |
| 0:13.3 | Almost here means these technologies are now here and starting to be used. |
| 0:17.8 | We're just around the corner, from Bitcoin to artificial intelligence, 3D printing, |
| 0:22.7 | blockchain, virtual reality, and more. |
| 0:26.0 | Hello and welcome to Future Tech podcast. I'm your host, Juliet Lamar. We have with us today, |
| 0:32.4 | Samar Bandali. He is the director of strategic partnerships at Coin Coin Payments IMC. Welcome to Mar. |
| 0:39.0 | Thanks, Julia. |
| 0:40.4 | So why don't you go ahead and start us off with a little overview about coin payments? |
| 0:45.9 | For sure. So coin payments started out about five years ago in 2013 as the first |
| 0:53.1 | multi-currency digital platform allowing for payment processing |
| 0:57.7 | for cryptocurrency. |
| 0:59.3 | Coin payments started out in the market when Bitcoin had kind of a total monopoly over |
| 1:04.4 | all things cryptocurrency, and the founding team decided to create a platform that would |
| 1:09.9 | support altcoins and some of the other digital currencies in the market. |
| 1:14.5 | So coin payments was born as a way to facilitate transactions for merchants to be able to accept all of these cryptocurrencies as a method of payment for their goods and services. |
| 1:25.0 | We started out with about four or five currencies back in 2013, |
| 1:29.5 | and today, five years later, |
| 1:31.7 | boast over 550 different digital currency supported on one platform. |
| 1:36.8 | So this allows users to log in with one set of login credentials |
| 1:40.3 | and access a multi-currency wallet online on the web that has individual wallets |
| 1:47.0 | for each of these 550 currencies and also allows merchants to interact with our pre-made |
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