TechX Technologies Inc. (CSE: TECX) (OTC: TECXF) (FRA: C0B1) – RICH TV LIVE – March 11, 2021 – Interview with Jae Park – TechX Technologies Inc. (“TechX” or “the Company”) (CSE: TECX) (OTC: TECXF) (FRA: C0B1), a company focused in emerging technologies across growth sectors including: crypto, blockchain, AI and cloud technologies, is pleased to announce that it’s new portfolio company, Catalyx Exchange has launched FastBitCash.ca , a platform that offers the fastest Bitcoin purchase and withdrawal in Canada .
Hi how’s everybody doing today i’m your host rich and we have a rich tv live with our very special guest it’s jay park who is the ceo of cadillacs how you doing today jay i’m awesome how are you i’m doing fantastic thank you for joining us can you tell us a little bit about yourself and how you got involved with cadillacs and why you decided to partner with
Light link well i’m one of uh three co-founders of cadillacs and um basically three um friends that um three years ago saw saw bitcoin just explode and and before that i’ve heard of it uh mostly um through friends that say their their computer got hacked and uh and it’s been taken hostage and the guys uh want a couple bitcoin and and uh they will they’ll
Release the the asset or whatever so yeah hackers and stuff like that so i’m like that sounds really shady um and then and then um basically three years ago when we saw the big run of um of uh bitcoin a lot of people made money it made the news and it piqued my interest for sure and um started with a small mining operation that we set up at at my friend’s
Farm so basically the farm because there’s really cheap electricity and uh we ran um power and uh uh internet to a um what do you call it a can a shipping can and we set it up and basically plugged in and we saw that we we started to um mine ethereum and bitcoin and it was actually working so after that we’re like what do we actually do um there’s nothing
To do with a mining operation but like wait and um so um we looked around and there was an opportunity to open up an exchange because um my heritage is korean and we had some ties and some news with um some korean exchanges just exploding so we’re like so our three partners or our founders said let’s let’s try to build this thing so that’s kind of where it
Started and three years later um we’re in this position today that’s great now what are the main focuses of light link and cadillac’s for the first half of 2021 and what sets you apart from your competition well i have to start um to answer this question by catalytics is currently in my eyes in my view the the best cryptocurrency or digital asset uh trading
Platform that nobody knows about um so one of the things that we needed for sure was a marketing strategy and also a lot of people getting to know our platform and brand and so that’s why we work so well with lightlink um they have a great uh network and they they complement our skill sets and so um when they made us the offer to uh purchase a minority stake
In our private company in our platform we saw that there was great synergies because we’re great builders and we’re great operators and light link could get us the eyeballs they could get us the exposure so we’re really excited to bring our offering to many people in in in in the cur canadian market that’s great the blockchain space and the crypto markets
Have really been picking up bitcoin all-time highs and so many other cryptocurrencies are following suit right how is light link and cadillac’s positioning itself to become a leader in a space that is just exploding with so much competition uh great question um i’d say uh what differentiates uh light link and cadillac’s is first our liquidity meaning there
Needs to be orders um being processed uh through the platform at a very very high rate uh a market being made so currently there is no canadian native uh market for bitcoin or any cryptocurrencies it’s all based um out of either the us or or asian um markets canada is just too small uh cadillac’s if you have experienced our platform is the closest thing
To a native a native canadian cryptocurrency market meaning liquidity and depth of order book so what a lot of the exchanges are doing is they’re opening up a corporate account uh on say a us exchange or a chinese exchange or one of the big exchanges and they’re executing they’re executing their whole order book through a couple of corporate accounts that
Does not mean that you have the liquidity and you have the order book of that exchange it just means you’re you’re buying it at a wholesale rate um what we represent is if you’ve actually followed our order book is is the the highest liquidity in canada and also the depth and what that means is um if you try to execute a full bitcoin one btc uh cell on any
Platform in canada a lot of the a lot of the orders will not be filled why these exchanges have a spread which is um a lot of the market about two or three hundred dollars spread but their actual spread on their order book is about a thousand dollars so if you’re off on when you’re trying to sell uh uh a btc or bitcoin a thousand dollars over market it will
Not be filled yeah no one’s gonna buy it right um if you actually try to purchase or if you try to sell on cadillac’s uh uh platform today it will be filled instantly at market price wow so we have the the tightest spreads in canada not just not just um what do you call not just advertise brad because everyone says look at our spreads it’s only 200 but if
You look at their order book between their sell and their buy that spread is about anywhere as low as six seven hundred dollars as high as fifteen hundred dollars so when you’re that far apart on your orders and they’re tying in directly to the us no one’s gonna buy their um marked up btc and so what you see is small amounts of bitcoin like 0.1 0.2 bitcoin
Being filled but anything about 0.4 bitcoin it’s just it’s a stagnant on people’s uh uh platforms so that’s what we represent um like i said i i truly believe i’ve seen the marketplace i’ve seen the competition um there there is no competition um if you for serious cryptocurrency owners and traders there is no competition that leads me to my next question so
Based on the press release and you just mentioned it cadillac’s has the tightest spreads and lowest prices in canada for bitcoin and other coins how do you do that like can you explain how you’re doing that well a lot of it is uh with our partnerships um and and access to technology that is not just a wholesale account so i’m not just cadillac’s does not just
Have a corporate account at uh finance or who will be or another big uh exchange we are actually representing uh these these big um liquidity providers order books so that’s how we can and we’re we’re we we’re taking on all the effects risk and we’re we’re we are actually offering a cad pairing um btc or ethereum or any other other alt coins we we offer on
Our platform and so that is that is the biggest difference so um we we do it with technology integration with uh with our partners and uh we have that relationship and we’ve been building that relationship and secured that relationship over the last two and a half years now there’s a lot of hacking we talked about a little bit and theft that happens in the
Crypto space one of the things that cadillacs also has is that you protect investors from hacking can you go through some of the security features you have in place of cadillac’s that is protecting investors from hacking and theft in the cred in the crypto space yes well first thing it starts with our uh with our uh partners with their wallet technology
And also uh the technology that is uh protecting their cyber entity and and then it goes to us so basically if we’re the portal and the gateway we need to basically be secure as well um so those those two pieces combined uh and knowing full transparency what we have in place um is is our is our rest assured um um for for me i have to sleep at night being
Being the head of the company and the founder of the company that not only the company’s assets but you know uh thousands of people uh um deposits and assets are secure so we we take uh um we we are on the cutting edge of security um does that mean that is it’s it’s hack proof no um no no entity in the world i think can can make that claim but are we doing
Absolutely everything possible yes are we using the best methods and best tech to be able to do it yes are we reviewing it reviewing these policies on a regular interval yes so um that system and that constant review and that constant um looking for the next best thing um because hackers are are working 24 hours a day they’re looking for an n and so we have
To be as vigilant uh in in finding solutions to be able to protect against these threats can you tell us a little bit about fastbitch.ca and go through some of the features for us well fastbit cash is um i guess my um answer to or or catalyx’s answer to the canadian market so i looked at a few reports uh uh late last year in 2020 saying uh five six percent of
Canadians own bitcoin or digital assets so and that that number set it seems very very small to me and i said you know we have this great world-class trading platform and it’s great for about three percent of the the population the people that are really knowledgeable that have the experience in markets and tradings and options and and a whole a whole world
That the general public does not and so i said what does what does the average canadian because we have six percent of canadians owning digital assets i mean for me that number year after year is just going to grow exponentially so i said why is it so hard for somebody to buy their first bitcoin and so i i looked at um a lot of the problems um because if
You’re entering to the platform first you don’t know the the company or the or the other or the exchange second it it needs full kyc it needs all these um things that you need like google authenticator and maybe it sends an sms uh security code here so a lot of the general population does not is not used to that level of i guess hands-on um let me figure
Out the tech part just to own a bitcoin so what we’ve done is removed all the big obstacles made the user interface and experience very very friendly and very familiar and said i challenge i challenged our team and our our engineer said i want to see if we can technically have from a sign up to funding to purchasing the first bitcoin do it in 60 seconds so
That that was our challenge uh to our team and we’ve actually been able to do it mind you you have to type really really fast maybe the average person does it in 90 seconds or or 120 uh 120 seconds right but but the i guess the the end goal is when you want to own your first bitcoin it’s just probably only like maybe 100 200 500 worth we wanted to make that
First transaction super easy so you can um so you can not necessarily touch it and feel it but it’s in your account you can see how it’s moving you start to develop a emotional connection with the asset and uh you get curious and so what’s it so fastbit cash is actually powered by catalytics so when you sign up for fastbit cash your your login information
Will automatically be able to log into catalytics so if you want to get serious and traded for ethereum or cash out or sell it or buy it again um you’re able to do it i love it this sounds great it sounds like a platform that myself and our community can really wrap our heads around and i agree with you the only exchange i’ve used in canada that has allowed
Me to actually sell bitcoin and transfer into my bank account is ndax you’re familiar with ndax i’ve been using them for years but even with them it’s not that easy to buy anything so to have a platform where you could just go buy bitcoin do transactions and be pairing with canadian dollars i think that’s brilliant and it’s needed it’s needed as someone who’s
Been in blockchain and cryptocurrencies since 2017 it’s needed and that’s the reason why canadians only six percent own it is because there’s never been an easy passage to own it like in america they have coinbase and anybody can go open up a coinbase account and then you can con it attaches to your bank account you can sell and then transfer the funds into
Your bank account as a canadian we don’t have that option so i had to search for ndax as the only broker in canada that gave me that option where if i received bitcoin i could sell it and then i could transfer the funds to td so i think what you’re doing is actually very brilliant and it’s it’s not a it’s not necessarily a want i believe it’s a need so i think
It’s really great what you guys are doing if there was one thing that you would want shareholders to know about cadillacs and your relationship with light link and what you guys are doing today what would it be well we’re we are doing some very very exciting things um fastbit cash is is right it’s uh i got a notice yesterday that uh um from my um engineers
They said tomorrow so today is uh february 9th so february 10th is the day that we launch wow yes we’re not heading we’re going to be definitely doing a soft launch uh because we would really want to wait for the right time to do the the press release i think it you know three three to four weeks later uh but um we’re we’re excited about that i wish i could
Tell you everything that we have lined up in the in in the pipeline uh some of the deals i’m not able to disclose at this moment um there are some sensitive matters because uh uh um but i would say that for cadillacs and for light link you know look out for for news because we’re um we’re the best platform that nobody knows about but we’re we’re about to
Change that i like it i love what i’m hearing what is the best way for shareholders to get in touch with the company um we have a chat bot that links to a real person that is canadian and we we answer um within a period of time also uh facebook if you if you like us on facebook and send us a message um we respond that we respond to that regularly also we
Have email and it’s listed right on the the website that we respond and monitor regularly as well okay great well thank you so much for your time today jay park the ceo of cadillacs a company that is working very closely with light link light link exploded today had a monster day and i believe with all of the different catalysts that are coming that you’re
Talking about and all the excitement in blockchain that this may just be the beginning for light linking catalytics now guys remember rich tv live is strictly for education and entertainment purposes always do your due diligence always do your research before you invest in anything that we talk about here on rich tv live always invest in the best the best is
Blessed and remember if you’re not winning you’re not watching we bring you the winners and we bring them to you first if you like the video please smash the like button comment down below share the video everywhere and subscribe thank you so much for your time today jay for joining us the ceo of cadillacs hope you have a great day jay you too thank you for
Joining us and for those of you guys that are watching all over the world put light link on your watch list put on your radar i’ll have in the description the symbols for the canadian the us and the frankfurt listing thank you guys for watching i’m here with the ceo of cadillac’s jay park saying have a nice day
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TechX Technologies Inc. (CSE: TECX) (OTC: TECXF) (FRA: C0B1) By RICH TV LIVE
