The Transformation of Global Commerce

Steve Beauregard @GoCoinCEO

Steve@gocoin.com | +1-424-234-1640 | GoCoin.com

Digital Currencies

Evolution: Future of Money is Digital

Internet Revolutions Smartphones Revolution

Blockchain Revolution

1990’s

2000’s

Today

33% Millenials: Banks Phasing Out …

50% believe tech startups will overhaul banks in 5 years

Source: Goldman Sachs Global Investment Research

Future of Money: Lies in it’s PAST

Token Economy: Familiar Territory

Generational Trends: Millennials

Distrust Financial Institutions$41 Trillion from Boomers --> Millennials

Invest in “themselves” not S&P 500

Bitcoin Ecosystem: 6 Categories

“Wallets, Exchanges, Payment Processors, Financial services, Mining, Universal

Source: Coindesk

Universal

Payment

Processing

Wallets

Mining

Financial

Services

Exchanges

Founded: June 2012

Overall Funding

$106M

$490M Post Money

Jan 2015

Merchant Processing

Market Share

35%

2014 Q4 Mkt Share

Growth

27%

Founded: May 2011

Overall Funding

$33M

$160M Post Money

May 2014

Merchant Processing

Market Share

50%

2014 Q4 Mkt Share

Growth

29%

Founded: July 2013

Overall Funding

$2.2M

$12.3M Post Money

March 2014

Merchant Processing

Market share

8%

2014 Q4 Mkt Share

Growth

37%

“Smart money” from venture capital, banking, finance, mobile, telecom, gaming,

super angels

Selected: Three Leaders

GoCoin Signing up about

150 Merchants / week

Merchants: Top Tier Brands

Merchant adoption steady

Users need encouragement

User Adoption is the Long Pole in the Tent

Merchants need to be strategic to

entice consumers

• Card Not Present Fraud $10.3B / year

• Identity Theft rampant

• Digital currency payments < 1%

Problems

• Cards designed in pre-Internet age

• Bitcoin plagued with reputational &

Security challenges Silk Road, Mt. Gox,

BIPS, Bitstamp,

• Silos of innovation among startups

Proposed Solutions

• Regulations

• Bitcoin Foundation

• Conferences, Meetups, Hack-a-thons

2015 Payment Challenges

State of Merchant Adoption: MixedChallenges:

• “Build-it They Will Come” – Not happening!

• Less than 10% consistently transact

• Only 25% of invoices created at checkout are paid

• No analytics to understand behavior (no merchant investment)

• Bitcoin price directly impacts volumes

• Consumer on-ramp

Bright Spots

• Select merchants consistently transact regardless of price

• 80% checkout completion for top merchants

• Merchants get the value proposition

• Might a future Alt-coin(s) be better transactional coin(s)?

Merchants need to be strategic to

entice comsumers

Altcoin 2.0 Era: The Door is OpenedBitcoin Challenges:

• 10 Minute average block time – transactional challenges

• High Volatility – discourages use where needed most

• 7 transactions per second – Scalability questions

• Deflationary by design – encourages hoarding

• High Power Consumption – resulting in centralized mining

• Dark Web Roots - reputational concerns

Altcoins Coming

• Tether – Pegged to fiat USD, EUR, etc

• Etherium – Smart contracts, faster transaction

• More to come

Future Altcoins are far more compelling

than any released to date

Experience: Mobile Checkout

Add Bitcoin

Wallet

erator Brand

Experience: Mobile Checkout

Mission: Leveraging Emerging Trends …

Use emerging blockchain technologies

& payment trends to disrupt

intermediaries in global transactions

Big Data

Analytics

Blockchain Loyalty

Coins

Wearable Biometric

Devices & NFC

Blockchain Based

Smart Contracts

Gesture Based Consent Gov’t Issued Tokens

(NFC Cash)

Inevitable: Payments Revolution

• Blockchain trustless escrow API’s for fraud reduction

• Loyalty Coins verified on Blockchain encourage coin use

• Vendor / supplier-chain payment tools for low-cost blockchain settlements outside of the banking system.

• Payment wallet with recurring payments, reminders and simple mobile top-up features

• Combine biometric and gesture based payment consent

The relationship between website

merchants and customers will be

enhanced reducing costs and friction

Cashier no longer needs to handle funds

Future Payment Experience Example

It’s 7:30 on an ordinary Tuesday

Starbucks App has learned I typically pickup a Grande triple cappuccino at one of two store locations

App prompts to confirms your “usual” and the barrister is given the order as you parking your car.

Coins are moved to a blockchain address pending pickup

As you walk in the store your drink has just arrived at the pickup counter.

You receive a prompt to consent to payment

You give consent with your unique gesture and the payment is released

GoCoin: Global Leader in Cross-border

Blockchain Payments & Innovation

Thank you!

Steve Beauregard

Founder & CEOSteve@GoCoin.com

+1-310-980-9677Linkedin.com/in/sbeau

Twitter: @GoCoin @GoCoinCEO