Information Regarding the COMSA One-Stop ICO Platform
– Development Roadmaps for CORE & HUB Announced –
TOKYO – August 6, 2018 – Today Tech Bureau Holdings, Corp., a fintech and cryptocurrency solutions company, announced the future roadmaps for COMSA CORE and COMSA HUB, both being parts of the software development business for the COMSA one-stop ICO platform, for which the company took over responsibility from Tech Bureau, Corp., its affiliated entity headquartered in Osaka.
Since the date of July 2nd, 2018, Tech Bureau Holdings, Corp. has taken over the software enterprise from Tech Bureau, Corp. after the spinning off of the companies. Tech Bureau Holdings, Corp. will continue to to be responsible for the development of the COMSA CORE* and HUB*, and the overseas subsidiaries, Tech Bureau Europe SA and Tech Bureau North America LLC, are set to handle provision with respect to COMSA Glocal Solutions.
In order to conduct its solutions business domestically in a manner that is both suitable and compliant, concerning both the legal basis and self-imposed regulation of any tokens that are to be issued via ICO, there is a necessity that certain deliberations take place, and the current situation is one of waiting upon those findings. Nevertheless, in an identical manner to which it has conducted business until now, Tech Bureau Holdings, Corp. is proceeding with its preparations so as to achieve the realization of a one-stop ICO platform in the future.
*COMSA CORE: Adds pegged tokens and manages between different blockchains. It converts the value of each into pegged tokens with the total volume controlled.
*COMSA HUB: Allows for token balances between master public blockchain accounts and internal private ledgers to be controlled.
＜Development of COMSA CORE＞
– 2018 Winter, Release of Test version (planned)
– 2019 Summer, Release of Official version (planned)
＜Development of COMSA HUB＞
– 2019 Spring, Release of Test version (planned)
– 2019 Winter, Release of Official version (planned)
COMSA offers a one-stop solution, providing clients with consultation, expertise and solutions to support their ICO campaigns and implementations of blockchain technology into their businesses. It is an integrated platform that corporate clients can use to fundraise by selling tokens, or tokenizing corporate assets. Tech Bureau, Corp. exclusively provides these services as a one-stop solution with its Zaif, cryptocurrency exchange, and mijin which is a private blockchain technology.
About ICOs and ICOs in Japan
ICO stands for Initial Coin Offering which are often called “token sales”. With this method, a company or project can sell assets digitally as electronic tokens to raise funds from the public.
In Japan, utility tokens sold in ICOs are considered to be “cryptocurrencies sold to unspecified persons” under the Payment Services Act, such that selling activities may not be undertaken unless registered as Cryptocurrency Exchange Services with the relevant local finance bureau.
The legal characteristics of ICO tokens must be reviewed on a facts-and-circumstances basis, so that they might be treated as Securities, or more specifically the Collective Investment Scheme, and be regulated under the Financial Instruments and Exchange Act of Japan.
About Tech Bureau Holdings, Group
Tech Bureau Holdings, Corp. and Tech Bureau, Corp., fintech and cryptocurrency group companies in Japan, the U.S., and Europe, develop software and services for cryptocurrency technology and blockchain technology, a so-called “Crypto-Fintech Lab”. As a team and as a group, we have developed; mijin, a private blockchain software; and Zaif, a Bitcoin and cryptocurrency exchange platform. Tech Bureau Holdings, Corp. and Tech Bureau, Corp. recently launched a one-stop solution, COMSA, which provides companies with consultation, expertise, and solutions to support their very own ICOs and implementations of blockchain technology into their businesses.
For more information, please see the following URLs:
Press contact, Tech Bureau Holdings: Aoki / firstname.lastname@example.org / +81–3–4530–0344
About NEM.io Foundation Ltd
ABOUT THE NEM Foundation Ltd NEM.io Foundation is registered in Singapore, operating globally. It was launched to promote NEM’s blockchain technology worldwide. It is one of the most well-funded and successful blockchain technology projects in the cryptocurrency industry.
For more information, please visit: www.nem.io
Press contact, NEM.io: NEM@transform.PR / +1-415-595-2030
All product and company names herein may be trademarks of their registered owners.