Crypto Expo Dubai 2023 commenced with a successful amalgamation of the crypto industry’s leading experts and companies in the finest arena. The following is an exclusive interview with Katharine Wooller, the Business Unit Director of Coincover by TheNewsCrypto at this prime crypto event.
About Katharine Wooller
Katharine Wooller is the Business Unit Director of Coincover, a renowned UK-based crypto-tech provider. She holds a 15 years+ diversified career in sales, marketing, and global fintech businesses from B2B to B2C. Wooller is an expert professional who is intrigued by processes or projects related to Software as a Service (SaaS), complex sale cycles, and innovative technologies such as Blockchain and AI. She is featured as an adept subject matter expert and guest writer by leading press such as BBC, Wired, The Times, The Telegraph, Fintech magazine, and so on.
About Coincover
Coincover is a UK-based crypto protection and insurance provider that started out in 2018. The firm is headquartered in Cardiff, United Kingdom. Coincover develops security options for digital assets. Its products include theft recovery, disaster recovery, and validator key recovery solutions. It looks to secure and safeguard cryptocurrency investments, technologies, and businesses.
Let’s start with the basics, what is Coincover? What is the USP of your firm?
Coincover is a tech provider. We support about 300 crypto businesses across exchanges, hedge funds, asset managers, and infrastructure providers. We do seed phrase recovery, for anyone who is concerned, they’ll lose their password and access to their crypto. And we also have theft prevention. So We are the only provider who can make sure there’s no hacking and theft. And we have Lloyd’s of London Insurance as well, so we are the only company that does that.
How long have you been in the crypto business? And how did you deal with the previous crypto winter?
Over four and a half years. So I’ve worked for four crypto businesses across exchanges, tech providers, and health tech. And obviously seen a lot of change. The industry really is only four or five years old.
What is your reason for attending the Crypto Expo Dubai 2023?
We’re very interested in the region. Obviously, the incoming borrower regulations are very interesting to us. One of the things they say is there have to be seed phrase backups, so we’re seeking customers and strategic partners in the area. It’s a very busy show, I’ve been here for two days and met lots of interesting people.
One unfortunate event in the crypto environment that you would like to erase or do it right. If given a chance would be?
So many to choose from. So obviously quite a lot of bad news in the last year. The crypto business has been very affected by the crypto winter. I think mostly FTX, just because of the reputational damage and the contagion, and obviously the drop in prices.
When do you think the crypto market will enter the “Golden Era”?
I think there are a lot of good things happening, particularly in the regulatory space, particularly in the adoption. I think more and more people are coming to crypto, whether it’s for payments or as retail investors, so I’m not sure, but I think the medium turn for crypto is bright and I think it’s really a lot of growing pains for the industry. In terms of adoption, we are doing very well and the prices have got to catch up at some point.
