If you’ve been looking into the Blockchain, Cryptocurrency, and Decentralized Finance (DeFI) movement for more than five minutes, you’ve probably run into the name Damon Nam. Damon is a 20 year IT professional, Microsoft alumnus, entrepreneur, and currently the Founder and CEO of Coin; an emerging financial services and technology company.
During his 17-year tenure at Microsoft, he assumed a number of different roles within the Microsoft Services organization. In his last role at Microsoft as a US Services Program Director, he was responsible for driving and managing Microsoft’s entire 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.
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Today’s financial solutions, centralized banking entities, and devaluing dollars from continuous money printing by governments across the world, have sparked a renewed interest in sovereign wealth management for consumers. This has resulted in a large demand for an open financial system driven by blockchain technology and alternative assets such as Bitcoin. While innovative, the complex nature of today’s solutions in the blockchain industry has created a dynamic that eliminates a large percentage of the population that seeks to join the revolution.
Damon and his team at Coin want to completely democratize this industry and bring it to the masses by creating a paradigm shift that makes wealth management for digital assets seamless, simple, affordable, and accessible. Thereby, also reducing the wealth gaps that exist in our society and creating equal opportunity and a level playing field across the world. Damon’s goal is to develop solutions that reduce the complexities and pitfalls of the world’s traditional financial system and its inherent problems of high costs and risks that stem from corruption, human involvement, and custody of customer funds.
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The Coin Exchange also includes browser extension support for the Internet’s most popular web browsers such as Google Chrome and Safari. When installed, this feature extends its capability by using 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 can recognize blockchain-related keywords from any webpage.
This allows Coin to provide education, insights, or help consumers execute financial transactions directly from any webpage with an input field. For example, users can send, receive and exchange transactions in a guided process 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, can now be completed in a matter of seconds while browsing the web.
The Coin Exchange creates a 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.
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