Rob Gray on Cold Storage Coins' physical bitcoin products

0:00I'm Ashlyn Addison from a vincentio for investmentpitch media and FinTech news network and today on blockchain interviews we have Rob gray the CEO of cold storage coins it's great to have you on the show today Rob thanks a lot for having me Ashton you're very welcome I'm very excited that you're here and I would love to hear the story behind cold storage coins

0:21I know you guys have been around for a while and now we're in crypto currency and what do you guys all about well cold source coins is the easiest way to own Bitcoin bitcoins a great technology it's got huge applications personally individually and also corporate but a lot of people are still struggling with how to engage it and how to get started what app to use what online exchange to

0:48sign up on there are a lot of different places to get started but a lot of them are very complicated and so this is a very simple way to engage it very challenging but also very exciting concept like crypto currency that's awesome so let's talk about the product itself for a minute you guys have physical coins bitcoins not just bitcoins but other coins as

1:10well right yeah that's right we do the Bitcoin we do a theory em we've got Manero – light coin Bitcoin cash coin and quite a few more on the way out as well that's super exciting so now you guys are in the traditional currency realm where a lot of people find these coins as collectibles or tokens but this is like a whole new niche altogether you know

1:34Bitcoin you're you're actually diving into a new form of currency and it's sort of different from what traditional coin collectors are used to do you see it as a whole new audience bringing them into traditional currency or are the traditional currency and collectible coins interested in these coins as well where is your target market yeah it's actually really a bridge between those

1:59two worlds you've got the coin collectors that have been buying gold and silver for years and years and years those are the guys that are buried in the backyard waiting for the financial apocalypse to come along and then you've got a whole new investment class people that are getting into digital currencies and those are the guys that are looking forward and saying hey the

2:19500 years from now we're not going to be using paper money as as a medium of exchange the same way you know 500 years ago we were using those gold and silver coins that some people are still connected to and so this coin serves as a bridge between those two worlds so it's something that we've designed to help those gold and silver hard money guys so you guys you know cold storage

2:44coins people see these Bitcoin tokens as collectibles but people really need to know that these aren't just collectible coins right this is actually like a wallet that stores actual funds on it and you can you can store one Bitcoin on a coin or you could store a hundred bitcoins on one coin right there's quite a bit of technology I don't know if you

3:06can see from that but there's quite a bit of technology that goes into a cold storage point so we start with an ounce of either copper silver gold and then we laser etched directly onto the coin surface a private key pair and a private key QR code and so right there directly onto the coin that'll stick around for a very long time into that metal is all

3:29the information that you need to redeem that cryptocurrency down the road it whether it's five months or five years from now it's all on that coin and then we cover that with a high high quality world-class tamper-evident hologram that has the public key QR code on the outside of the coin and so you can send as much cryptocurrency as you want to that address and then when you're ready

3:53to redeem it or to bring it back into a hot wallet all you have to do is peel off that tamper-evident hologram and right there all the data that you need to bring it back onto the blockchain is right there waiting for you so there's nothing else that you need there's no code there no moving parts there's no hardware to fail everything is right there on that coin ready the moment that

4:15you want to redeem it that's awesome and yeah it's it's actually a really good way to also gift people a little bit of a coin without having to open your computer and try to get them to download a wallet and all these complex technical ways you can literally just hand them the coin yeah that's right and outreach is really high priority for us the goal here is to

4:36develop a tool that can make it easy to grow the concept of Bitcoin the concept of cryptocurrency and get out of the initial core group that we have now I mean a lot of people are engaging Bitcoin in cryptic we want even more we want grama we want the new baby that just showed up to be able to also get their hands on the future of money and in order to do

5:00that you can print them out of paper wallet you can buy them treasure or ledger which are good devices but a little complex when it comes to setting up and making sure you keep those secure as well and so the easiest and most inexpensive and simple high quality way to give cryptocurrency from-from to another person is with a cold storage coin there's no better way to do it

5:23that's awesome so you're trying to get it into as many hands as you can I know you guys are in Singapore Southeast Asia region and cryptocurrency is very progressive there yeah on the other side of the world we're manufacturing right here in Singapore Singapore is one of the safest places in the world when it comes to fraud when it comes to financial risk we

5:50chose it because it's a very stable area as well it's probably not the most crypto friendly place in the world but safe where it sets the rules and then they stick to them for a very long time so you can depend on the FinTech legislation you can depend on the cryptocurrency climate here to stay the same for a very long time we're gonna prove over time as the industry also

6:15occurs that's great and you guys are you guys already expanded internationally or have you been targeting the North American and European markets as well well we distribute the coins now all over the world Europe and USA are definitely the two biggest markets but we're looking to roll out our point-of-sale program in just the next few weeks can't talk too much about that

6:37right now but as that comes to fruition that'll be very exciting and we'll put actually on the shelf in stores all over the world we're looking for 270,000 locations over the next couple years as we roll all those out wow that's super exciting I know that crypto POS s are starting to get hot right now as more stores are trying to incorporate it so that seems like a huge opportunity for

7:01cold storage poins on top of their physical coins to get into stores that's right yeah we're just looking for every opportunity that we can to get our product and this brand and the idea of cryptocurrency in front of people into their hands for possibly the very first time so they can start to mentally engage that very exciting but sometimes very complex and sometimes very risky

7:23concept of digital currency that's awesome well it's been a pleasure speaking with you Rob I'd love to know if people how people can get more involved in the community you guys have a community online as well and where can people just purchased coins directly from the website to gift to their friends storage coins calm that's definitely the easiest place to find us

7:44right now and connect with us we're still building our social media communities as we speak so you can probably find us on telegram you can probably find us on Instagram or Facebook or whatever the kids are using these days but definitely come over to cold storage coins com try out a coin it's one of those things where people like the idea but until they get their

8:07first cold-storage coin and they put a small amount of cryptocurrency on it and they redeem it and they actually see that it works the way it's supposed to until that point that some people are skeptical and that's okay but try it out watch how easy it is and then after that point there's no better way to give cryptocurrency to somebody you care about awesome hey I gotta say I have a

8:30cold storage coin myself I've gifted them to people and the shock on people's faces when they receive them is actually awesome so I really appreciate taking the time to do this interview and we should definitely follow up to look more into the growth of cold storage coins as well as the POS system that you guys are developing I'm really excited to hear about that so thank you so much

8:50Rob yeah my pleasure we'll keep you posted eshton have a great day you