iMining: Bringing Proof of Stake Technology to Market
Making cryptocurrency blockchains more accessible
iMining is focusing on how to make the newer, more sustainable proof of stake cryptocurrency blockchains much more accessible. The company is linking traditional capital markets with blockchain investment opportunities.
"We want to take blockchain solutions, and blockchain technology to the world," says President and CEO, Khurram Shroff.
Through its wholly owned subsidiaries, iMining provides retail as well as institutional investors a safe and secure way to stake, mine and exchange digital assets using proprietary and secure solutions. Moreover, they are driven by their core values to operate with transparency, efficiency, and sustainability as they work toward building long-term shareholder value. "It allows people to have faith in a system that's not backed by just the government's word. It's backed by technology," says Chief Communications Officer, Sasha Tharia.
To make digital assets more accessible in the First World, starting in Toronto, iMining has acquired a company called BitBit Financial. Markedly, the company is growing the BitBit ATM network to over 150 locations across the Greater Toronto area. They plan to launch a custody solution for institutions and are also implementing an online trading platform. The platform will make it easy for Canadians to buy Bitcoin, Ethereum as well as any other cryptocurrency.
iMining has recently begun staking Cardano. Cardano was launched by one of the founders of Etherium. Additionally, it is purely a Proof of Stake blockchain, meaning it doesn't use the non-energy efficient Proof of Work way to validate transactions.
"We believe we can really give a turnkey solution to someone who would like exposure to the digital currency space," says Shroff.
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