Information Regarding COMSA
the One-Stop ICO Platform
– Releases COMSA CORE Full Production Version –
TOKYO – September 30, 2019 – Today Tech Bureau Holdings, Corp., a fintech and cryptocurrency solutions company, announced that the company has released a full production version of COMSA CORE as part of the software development business for the COMSA one-stop ICO platform, 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, and converts each value into tokens and controls the total value.
In the test version which ran from December 2018 to January 2019, exchanges were performed between Ethereum and NEM blockchains to accumulate usage cases and improve the UI/UX. A demonstration application has been also released alongside the production version, which allows the user to test the software on a testnet.
– Demo Application (testnet): https://comsa-core.comsa.io
– Release Period: From September 30, 2019 to December 31, 2019 (or while test currency is available)
– Support Center: slack channel (available weekdays 10am-6pm; not available during year-end holidays)
By using COMSA CORE, tokens that were issued by Bitcoin, Ethereum, NEM, or any other blockchain can be received during token sale. In addition, corporations can use multiple blockchains when creating their own unique token economy, thereby drastically improving token liquidity and user convenience.
Development of COMSA HUB is on track for the initially planned 2019 Winter release.
You can send/receive tokens across Ethereum and NEM blockchain. These are realized without intermediaries such as exchanges and a use does not have to care a difference of blockchains, improving convenience for all decentralized applications that use tokens.
Benefits with this includes:
① Increase users of dapps② Reduce development man-hours for dapps/platforms
COMSA CORE is a software that pegs and controls tokens between different blockchains and converts each value at the expense. For example, it is possible to convert tokens between Ethereum and NEM blockchain.
You can try demo of COMSA CORE
Game items with value on the Ethereum blockchain can be incorporated into newly created games on the NEM blockchain.
NEM wallet (formerly known as Nano wallet) allows you to execute voting by deciding on deadlines and agendas with a few clicks. You can this use voting function with Ethereum not to develop it from scratch.
For example, it is possible for merchants（stores/e-commerce）that accept Bitcoin payment to accept any other crypto such as ETH and NEM (XEM) as payments. Stores are expected to increase in number of customers, and users can make payments without having to change crypto at exchanges, which can improve UX.
The smart contract calculated by an insurance contract pays out tokens depending on damage, and it can be designed that a person who claims receives stable coins with low volatility or tokens that he/she likes.
５)Securities-type tokens and dividends
Assets will be digitized and tokenized. It is also possible to hold the piece of ownership of a real estate by token and to receive its yield by stable tokens. And investors can choose favorable wallets to receive them for better UX.
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:
mijin – https://mijin.io/en/
COMSA – https://comsa.io/en/
Facebook – https://www.facebook.com/mijinio
Twitter – https://twitter.com/mijin_io
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:
NEM.io Foundation – https://nem.io/
Facebook – https://www.facebook.com/ourNEM/
Twitter – https://twitter.com/NEMofficial
Press contact, NEM.io: NEM@transform.PR / +1-415-595-2030
All product and company names herein may be trademarks of their registered owners.