{"id":"thomas-coughlin","title":"Thomas Coughlin","content":"**Thomas Coughlin** is the CEO of [Kinesis Money](https://iq.wiki/wiki/kinesis-money), a monetary system based on physical gold and silver that integrates [blockchain](https://iq.wiki/wiki/blockchain) technology. [[5]](#cite-id-ma3DjiqacR)\n\n# Career\n\nCoughlin began his career as chief investment officer at TRAC Financial Group in Brisbane, Australia, from 2007 to 2011. During his tenure, he oversaw investment strategy and financial services. He became CEO of Allocated Bullion Exchange (ABX), the first electronic institutional exchange for allocated physical precious metals, in 2011. Based in Brisbane, he led the development of MetalDesk, an online platform designed to modernize and globalize bullion trading by enabling direct access to gold, silver, and platinum markets across major global liquidity centers. From 2013 to 2016, Coughlin also served as CEO of Bullion Capital, a company offering a global physical bullion market through an online trading platform aimed at traders and investors.\n\nSince February 2018, he has been CEO of [Kinesis Money](https://iq.wiki/wiki/kinesis-money), a Cayman Islands–based monetary system that uses asset-backed digital currencies to promote financial velocity and return on capital. The platform is designed to function as a store of value and a medium of exchange, integrating allocated precious metals and a multifaceted yield system to incentivize participation and circulation.\n\nIn December 2018, Coughlin was appointed commissioner at the [Blockchain](https://iq.wiki/wiki/blockchain) Commission for Sustainable Development. In this role, he supports [blockchain](https://iq.wiki/wiki/blockchain) initiatives to address global challenges, including economic development, resource conservation, and financial inclusion. The commission collaborates with the United Nations and other stakeholders to accelerate progress toward the Sustainable Development Goals. [[1]](#cite-id-m5auEhzDKO) [[2]](#cite-id-gjzuochpto)\n\n# Interviews\n\n## Kinesis Money\n\nIn an interview with Northstar Badcharts, Coughlin elaborated on the company’s innovative platform that combines gold and silver with [blockchain](https://iq.wiki/wiki/blockchain) technology, essentially allowing users to treat physical precious metals as money. Coughlin explained that [Kinesis](https://iq.wiki/wiki/kinesis-money) evolved from the Allocated Bullion Exchange and sought to fill a gap in the marketplace by providing services to various sectors, including governments and retail users. The platform introduced a unique yield system that incentivized transactions and encouraged using metals as currency. Additionally, Coughlin outlined the company's plans for global expansion, introducing new currencies and implementing rigorous safety and security measures, including biannual audits of the physical metals held in custody. The overarching goal was to promote gold and silver as sound money alternatives amidst fluctuations in fiat currencies. [[6]](#cite-id-61fKXZQBcI)\n$$widget0 [YOUTUBE@VID](https://www.youtube.com/watch?v=QnZdO-j8iYw)$$\n## Gold & Silver\n\nIn an interview with Bart Chilton, Coughlin discussed the functionalities and benefits of [Kinesis](https://iq.wiki/wiki/kinesis-money), which he described as more than just a [cryptocurrency](https://iq.wiki/wiki/cryptocurrency) but a comprehensive currency and banking system. He explained that [Kinesis](https://iq.wiki/wiki/kinesis-money) allows individuals to [mint](https://iq.wiki/wiki/minting) their coins backed by gold, providing a tangible asset as opposed to traditional cryptocurrencies. Coughlin emphasized the system's efficiency, claiming transactions could be processed in mere seconds at a minimal cost, while addressing risks associated with conventional banking, such as counterparty risk. He also outlined how [Kinesis](https://iq.wiki/wiki/kinesis-money) offers unique incentives for users to engage with their currency, allowing them to earn a share of transaction fees perpetually. Coughlin highlighted that [Kinesis](https://iq.wiki/wiki/kinesis-money) operates on a decentralized structure to minimize risks often associated with [cryptocurrency](https://iq.wiki/wiki/cryptocurrency) exchanges, such as hacks. The interview concluded with Coughlin's assertion that [Kinesis](https://iq.wiki/wiki/kinesis-money) has a robust regulatory framework, benefiting from its foundation in the established bullion exchange sector. [[7]](#cite-id-qlZ6cpqkRv) \n$$widget0 [YOUTUBE@VID](https://www.youtube.com/watch?v=-o7OxgMeht0)$$\n## Gold Payment System\n\nOn Palisades Gold Radio, Coughlin discussed [Kinesis Money’s](https://iq.wiki/wiki/kinesis-money) evolution and development of a payment system centered around gold and silver, reflecting on the challenges faced in the financial sector during the global crisis. He noted that [Kinesis](https://iq.wiki/wiki/kinesis-money) originated from the Allocated Bullion Exchange (ABX), which aimed to enhance security and reduce counterparty risk in precious metal investments. Coughlin explained that introducing [blockchain](https://iq.wiki/wiki/blockchain) technology was pivotal, allowing for decentralized transactions in a system that promoted gold and silver as viable forms of currency. This led to the design of a yield system to stimulate money velocity, encouraging users to engage with gold and silver actively. He described various incentives within the [Kinesis](https://iq.wiki/wiki/kinesis-money) system, including passive and active yields based on participation in the ecosystem. He outlined how customers could convert [cryptocurrencies](https://iq.wiki/wiki/cryptocurrency) and [fiat](https://iq.wiki/wiki/fiat-money) into precious metals for everyday transactions. Additionally, Coughlin highlighted the current growth trajectory of [Kinesis](https://iq.wiki/wiki/kinesis-money), with approximately 70,000 users and significant quantities of metal in reserve, while further planning future enhancements to integrate their systems with digital currency acceptance. [[8]](#cite-id-WVEZ3o9bhu)\n$$widget0 [YOUTUBE@VID](https://www.youtube.com/watch?v=iPoCHahaPm4)$$\n## About Kinesis\n\nIn a 2018 interview with Tokenpost, Coughlin explained the [Kinesis's](https://iq.wiki/wiki/kinesis-money) efforts to build a new monetary system that combined the historical stability of gold and silver with [blockchain](https://iq.wiki/wiki/blockchain) technology. He described [Kinesis](https://iq.wiki/wiki/kinesis-money) as a closed-loop system that allowed users to [mint](https://iq.wiki/wiki/minting), store, and spend digital assets backed by physical precious metals, while also earning yields through various activities such as [minting](https://iq.wiki/wiki/minting) and holding. Coughlin emphasized that the system aimed to address flaws in the traditional banking model by enabling efficient, secure, and transparent transactions through a modified version of the [Stellar](https://iq.wiki/wiki/stellar) [blockchain](https://iq.wiki/wiki/blockchain). He also highlighted the company’s roots in the Allocated Bullion Exchange (ABX), established in 2011, and discussed [Kinesis’](https://iq.wiki/wiki/kinesis-money) partnerships with institutions like Deutsche Börse and the Indonesian post office. Security concerns were addressed by referencing insured, high-security vaults and a [decentralized exchange](https://iq.wiki/wiki/decentralized-exchange) model. The platform was scheduled to launch in March 2019, with features like debit cards and online banking designed to support real-world adoption. [[9]](#cite-id-CJhpXXabrr)\n$$widget0 [YOUTUBE@VID](https://www.youtube.com/watch?v=GMIngY5qsPg)$$\n# Presentations\n\n## Gold-Backed Crypto\n\nIn a presentation for the Prosperity News Network, Coughlin highlighted [Kinesis's](https://iq.wiki/wiki/kinesis-money) aim to merge the advantages of [cryptocurrencies](https://iq.wiki/wiki/cryptocurrency) with the stability of precious metals. He described the primary problems existing cryptocurrencies face, such as volatility and valuation challenges, which [Kinesis](https://iq.wiki/wiki/kinesis-money) sought to address by establishing a more stable monetary system based on gold and silver. Coughlin explained [Kinesis's](https://iq.wiki/wiki/kinesis-money) unique features, including its innovative [blockchain](https://iq.wiki/wiki/blockchain) technology and distinct yield system that incentivizes the use of its currency. He emphasized the benefits for users in terms of transaction fees, rewards for usage, and the potential for shared wealth within the ecosystem. Coughlin's finance and investment management background played a crucial role in shaping the project's vision, which he posited as a solution to the limitations of traditional monetary systems. [[3]](#cite-id-sgeQAmMGf6)\n$$widget0 [YOUTUBE@VID](https://www.youtube.com/watch?v=4ROBbonBlQ0)$$\n# Panels\n\n## Kinesis Q&A\n\nIn a [Kinesis](https://iq.wiki/wiki/kinesis-money) webinar, the leadership team at [Kinesis](https://iq.wiki/wiki/kinesis-money) addressed numerous questions from participants regarding the [Kinesis](https://iq.wiki/wiki/kinesis-money) Monetary System and its functionalities. The team, including Chief Commercial Officer Ryan Case and Richard Melbourne, discussed the capabilities of [Kinesis](https://iq.wiki/wiki/kinesis-money) Pay, the speed of transactions on the [Kinesis](https://iq.wiki/wiki/kinesis-money) [blockchain](https://iq.wiki/wiki/blockchain), and the anticipated launch dates for [Kinesis](https://iq.wiki/wiki/kinesis-money) currencies. They clarified the need for an e-wallet to utilize certain features and described how [transaction fees](https://iq.wiki/wiki/transaction-fee) contribute to yields for [Kinesis](https://iq.wiki/wiki/kinesis-money) Velocity Token (KVT) holders. They also reassured participants about stored gold and silver security measures, provided insights into their competitive advantages, and stated that the system's viability would not depend on KVT sales. The webinar concluded with discussions about integration with third-party systems and the implications of regulatory frameworks. [[4]](#cite-id-HZtKyrSMvV)\n$$widget0 [YOUTUBE@VID](https://www.youtube.com/watch?v=DvZ-6fmDlPQ)$$","summary":"Thomas Coughlin is the CEO of Kinesis Money, known for his contributions to the financial and blockchain sectors.","images":[{"id":"QmQySNx3zpYAmPaJPBzXyke1vVYsbWBzBqYTRQTFczHEy5","type":"image/jpeg, image/png"}],"categories":[{"id":"people","title":"people"}],"tags":[{"id":"PeopleInDeFi"},{"id":"Blockchains"},{"id":"Organizations"}],"media":[{"id":"QmQySNx3zpYAmPaJPBzXyke1vVYsbWBzBqYTRQTFczHEy5","type":"GALLERY","source":"IPFS_IMG"},{"id":"https://www.youtube.com/watch?v=QnZdO-j8iYw","name":"QnZdO-j8iYw","caption":"","thumbnail":"https://www.youtube.com/watch?v=QnZdO-j8iYw","source":"YOUTUBE"},{"id":"https://www.youtube.com/watch?v=-o7OxgMeht0","name":"-o7OxgMeht0","caption":"","thumbnail":"https://www.youtube.com/watch?v=-o7OxgMeht0","source":"YOUTUBE"},{"id":"https://www.youtube.com/watch?v=iPoCHahaPm4","name":"iPoCHahaPm4","caption":"","thumbnail":"https://www.youtube.com/watch?v=iPoCHahaPm4","source":"YOUTUBE"},{"id":"https://www.youtube.com/watch?v=GMIngY5qsPg","name":"GMIngY5qsPg","caption":"","thumbnail":"https://www.youtube.com/watch?v=GMIngY5qsPg","source":"YOUTUBE"},{"id":"https://www.youtube.com/watch?v=4ROBbonBlQ0","name":"4ROBbonBlQ0","caption":"","thumbnail":"https://www.youtube.com/watch?v=4ROBbonBlQ0","source":"YOUTUBE"},{"id":"https://www.youtube.com/watch?v=DvZ-6fmDlPQ","name":"DvZ-6fmDlPQ","caption":"","thumbnail":"https://www.youtube.com/watch?v=DvZ-6fmDlPQ","source":"YOUTUBE"}],"metadata":[{"id":"references","value":"[{\"id\":\"m5auEhzDKO\",\"url\":\"https://kinesis.money/author/thomas-coughlin/\",\"description\":\"Kinesis Money author profile\",\"timestamp\":1745953834546},{\"id\":\"gjzuochpto\",\"url\":\"https://www.linkedin.com/in/thomas-coughlin-39a43137/?originalSubdomain=au\",\"description\":\"LinkedIn profile\",\"timestamp\":1745953834546},{\"id\":\"sgeQAmMGf6\",\"url\":\"https://www.youtube.com/watch?v=4ROBbonBlQ0\\\\&pp=ygUXdGhvbWFzIGNvdWdobGluIGtpbmVzaXM%3D\",\"description\":\"YouTube interview\",\"timestamp\":1745953834546},{\"id\":\"HZtKyrSMvV\",\"url\":\"https://www.youtube.com/watch?v=DvZ-6fmDlPQ\\\\&pp=ygUXdGhvbWFzIGNvdWdobGluIGtpbmVzaXM%3D\",\"description\":\"YouTube presentation\",\"timestamp\":1745953834546},{\"id\":\"ma3DjiqacR\",\"description\":\"Kinesis Money\",\"timestamp\":1745954528393,\"url\":\"https://kinesis.money/\"},{\"id\":\"61fKXZQBcI\",\"description\":\"Tom Coughlin discusses unique gold silver crypto platform | YouTube\",\"timestamp\":1745954650760,\"url\":\"https://www.youtube.com/watch?v=QnZdO-j8iYw&pp=ygUXdGhvbWFzIGNvdWdobGluIGtpbmVzaXM%3D\"},{\"id\":\"qlZ6cpqkRv\",\"description\":\"Boom Bust interview with Tom Coughlin | YouTube\",\"timestamp\":1745954832295,\"url\":\"https://www.youtube.com/watch?v=-o7OxgMeht0&pp=ygUXdGhvbWFzIGNvdWdobGluIGtpbmVzaXM%3D\"},{\"id\":\"WVEZ3o9bhu\",\"description\":\"Building a Golden Payment System | YouTube\",\"timestamp\":1745954852623,\"url\":\"https://www.youtube.com/watch?v=iPoCHahaPm4&pp=ygUXdGhvbWFzIGNvdWdobGluIGtpbmVzaXM%3D\"},{\"id\":\"CJhpXXabrr\",\"description\":\"Tokenpost interview with Tom Coughlin | YouTube\",\"timestamp\":1745954931163,\"url\":\"https://www.youtube.com/watch?v=GMIngY5qsPg&pp=ygUXdGhvbWFzIGNvdWdobGluIGtpbmVzaXM%3D\"}]"},{"id":"twitter_profile","value":"https://twitter.com/tomcoughlin16"},{"id":"website","value":"https://kinesis.money/"},{"id":"previous_cid","value":"\"https://ipfs.everipedia.org/ipfs/QmWzQqQWsnovm4vQTcPa6Pcsv6m3WAZMba6hEzNVSgPcwv\""},{"id":"commit-message","value":"\"Republishing the updated Thomas Coughlin wiki with embedded videos and enhanced content.\""},{"id":"previous_cid","value":"QmWzQqQWsnovm4vQTcPa6Pcsv6m3WAZMba6hEzNVSgPcwv"}],"events":[],"user":{"id":"0x8af7a19a26d8fbc48defb35aefb15ec8c407f889"},"author":{"id":"0x8af7a19a26d8fbc48defb35aefb15ec8c407f889"},"language":"en","version":1,"linkedWikis":{"blockchains":[],"founders":[],"speakers":[]}}