Damon Nam, CEO of the Coin Exchange, a self-described “seamless, unified experience while browsing the Internet to help bridge the gap and bring cryptocurrencies to the masses. The shift to sovereign wealth management has already begun… Damon and his all-star team at Coin aspire to become the industry-leading financial organization that leads the charge to disrupt the norm,” according to a press release from the group.
Nam has worked at Microsoft for 17 years in multiple roles. His experience was in various leadership programs, and he has ” years of interest in blockchain technology, decided it was time to put his particular talents to the task of tackling the problems in the traditional financial services industry. To that end, he founded Coin, a US-based FinTech startup,” the release notes.
Essentially, the platform does the following:
Coin Exchange is “an all-in-one cross-chain P2P decentralized cryptocurrency wallet, exchange, and assistant powered by atomic swap and artificial intelligence (AI) technology. Coin Exchange includes an integrated cryptocurrency wallet for users to store popular digital assets such as Bitcoin, Ethereum, and more. For exchanging assets, Coin Exchange leverages atomic swaps which replace the need for any third party involvement. This ensures low fees and is the most secure method of transferring value, as transactions occur directly between users, on the blockchain. This also makes Coin Exchange non-susceptible to hacks as users are the only custodians that can access their funds and no personal data is collected or centrally stored.”