S1E12 - Rustin & Daniel | Coast

On this episode of "From Niche to Necessity: Tax & Accounting for Web3 and Digital Assets" we feature Rustin Cavel and Daniel Durning the founders of COAST, a beneficiary service that uses smart contracts to help pass on your digital assets to loved ones.

Here are 3 key takeaways from the discussion:
1 Coast aims to bridge the gap between traditional finance and decentralized finance by offering beneficiary services for digital assets. Just like in traditional finance, where you can name beneficiaries for your bank accounts or 401(k), Coast allows you to designate beneficiaries for your digital assets held in wallets.

2 The Coast platform simplifies the onboarding process for new users by making it as familiar and user-friendly as possible. Through the use of phone numbers and email addresses, beneficiaries can easily receive assets and be named as beneficiaries, even if they are not yet familiar with the world of crypto.

3 Security is a top priority for Coast. While custody of the assets remains with the user, the system employs smart contracts to ensure the protection and transfer of assets to beneficiaries in the event of inactivity or unfortunate circumstances. The team is meticulous in conducting security audits and ensuring the utmost safety for users.

Check out the full episode to learn more about Coast and how it is revolutionizing the digital asset space!

https://cryptocfos.transistor.fm/

Visit: www.cryptocfos.com

#Podcast #DigitalAssets #Crypto #Web3 #BeneficiaryServices #Coast

Creators and Guests

Taylor Zork
Host
Taylor Zork
Co-founder CryptoCFOs | Host "From Niche to Necessity" Podcast
Brandon
Producer
Brandon "Bova" Santiago
Helping finance pros build and grow their practice in the $5B tax / accounting Web3 space.
Brian Whalen CPA
Producer
Brian Whalen CPA
Here for #TaxTwitter. Cannabis & #CryptoTax for fun, Blaise’s Dad, Veteran of Nuclear Navy, #CPA firm owner, Cannabis Landlord
CryptoCFOs
Producer
CryptoCFOs
Teaching you to navigate the complex and evolving DeFi and crypto landscape to level up your tax or accounting practice.
Rustin Cavel
Guest
Rustin Cavel
Co-founder at @getcoastio ║ Building products to help people grow and protect wealth ║ I write about web3, personal finance, and culture ║ Insatiably Curious ║
S1E12 - Rustin & Daniel | Coast
Broadcast by