Information Regarding the COMSA One-Stop ICO Platform
– Releases COMSA CORE β Version (Testnet) –
TOKYO – December 18, 2018 – Today Tech Bureau Holdings, Corp., a fintech and cryptocurrency solutions company, announced that the company has released COMSA CORE β version (testnet), 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.
COMSA CORE is software that utilizes pegged sidechains to regulate the transfer of tokens between different blockchains, thereby controlling the total value.
In this test version performs exchanges between Ethereum blockchain and NEM blockchain.
By exchanging the CMS test token in a one-to-one ratio of Ethereum Rinkeby testnet to NEM testnet, it enables to send or to receive tokens without recognizing the differences between the two major blockchains. Although only the CMS test token can be used on the test version, the company plans to explore an official version release around summer 2019 by accumulating usage cases and improving UI/UX.
– β version (testnet): https://comsa-core.comsa.io
– Tutorial: https://comsa-core.comsa.io/files/COMSA_CORE_BETA_Tutorial_en.pdf
– Release Period: From December 18, 2018 to January 31, 2019
– Support Center: slack channel here(available only on weekdays; not available 12/29-1/6 for year end holidays)
By using COMSA CORE, it enables to receive tokens that were issued by either the Ethereum blockchain or NEM blockchain, during token sale. In addition, corporations can use multiple blockchains when creating their unique token economy, thereby drastically improving token liquidity and user convenience.
＜Exchange within Public Blockchain＞
Case 1: Games
It becomes possible to incorporate an item in a game that has high value in the Ethereum blockchain into a newly made game that uses the NEM blockchain.
Case 2: Voting
With the NEM Wallet (formerly Nano Wallet) it is possible to execute the decisions very easily with voting a deadline or agenda by clicking. It is also possible to use NEM Vote without programming a voting function when creating an application on Ethereum.
Case 3: Encryption currency settlement
It enables to receive payments in all types of currency such as ETH and NEM (XEM), where at stores that accepts Bitcoin payments and/or on E-commerce sites. Stores may anticipate an increase of customers and users may expect improved convenience when making a settlement as it is not necessary to change on the exchange market.
＜Exchange withing Private Blockchain＞
When development of COMSA HUB, which is software that controls the token balance between the master account on a public blockchain and the accounting system within a private blockchain, is completed, it will become possible to have compatibility between private blockchain by collaborating with COMSA CORE.
In addition, smart contract functions compatible with Ethereum can be utilized on a private blockchain by instantly creating the blockchains with “mijin,” a blockchain configuration program created by our company.
This enables to exchange, evaluate, and arbitrage between different corporate tokens under each independent token economy.
*Regarding ICO solution business by Tech Bureau, Corp., we will report to you as soon as a progress is made.
＜Development of COMSA CORE＞
– 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 Holdings, Corp. exclusively provides these services as a one-stop solution with its 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., 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. Tech Bureau Holdings, 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.