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Finding Genius Podcast

Coinpayments – Cryptocurrency Payments

Finding Genius Podcast

Richard Jacobs

Medicine, Health & Fitness

4.41K Ratings

🗓️ 14 June 2018

⏱️ 18 minutes

🧾️ Download transcript

Summary

Coinpayments is a leader in the rapidly changing payments sector. They believe in payment diversity and have created an open and democratic platform that enables merchants to accept 100's of new and innovative coins – From Litecoin to Madesafe & now Ether.
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.

0:07.0

Future Technologies

0:08.0

Boys to transform our lives for better or worse are the focus of this podcast. Almost here means these

0:14.8

technologies are now here and starting to be used or just around the corner for

0:19.6

Bitcoin to artificial intelligence, 3D printing, blockchain, virtual reality, and more.

0:25.0

Hello and welcome to Future Tech Podcast. I'm your host Juliet Lamar. We have with us today

0:31.8

Samar Bandali, he is the Director of Strategic Partnerships at

0:36.1

Coin Payments, Inc. Welcome, Somar.

0:38.8

Thanks, Juliet.

0:39.8

So why don't you go ahead and start us off with a little overview about coin payments?

0:45.4

For sure. So coin payments started out about five years ago in 2013 as the first multi- currency digital platform allowing for payment

0:57.2

processing for cryptocurrency. Coin payments started out in the market

1:01.2

when Bitcoin had kind of a total monopoly over all

1:04.7

things cryptocurrency and the founding team decided to create a platform that

1:09.6

would support alt coins and some of the other digital currencies in the market.

1:14.2

So coin payments was born as a way to facilitate transactions for merchants to be

1:19.3

able to accept all of these cryptocurrencies as a method of payment for their goods and services.

1:25.4

We started out with about four or five currencies back in 2013, and today, five years later,

1:31.6

boasts over 550 different digital currency supported on one platform.

1:37.0

So this allows users to log in with one set of log in credentials and access a multi-cur currency wallet online on the web that has

1:45.3

individual wallets for each of these 550 currencies and also allows merchants

1:50.4

to interact with our pre-made shopping cards and plugins to build it into their

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