Introduction to the Counos Platform

Introduction to the Counos Platform

The Blockchain technology has made its way to almost every aspect of economy, industry, and so many other domains. Some countries are considering transferring their exchange markets from a traditional financial system to one that is based on the Blockchain technology. Many industries are beginning to utilize the Blockchain technology in order to facilitate their affairs and increase their efficiency. Soon we will be witnessing a trace of Blockchain in all daily affairs of life.

As the applications of the Blockchain technology grow and this technology is being accepted by more and more countries, so does the need for platforms that offer services in the domain of the Blockchain technology. 

 

 

Counos Platform, established in 2018, is based in Switzerland and offers many services in the domain of the Blockchain technology and the cryptocurrencies. The main aim of this company is to establish an economic community based upon the Blockchain technology so that its members could further their aims with the help of this technology and through this community like the citizens of a country. Since ultimately, a large network of decentralized systems is created, all the power within various individuals, communities, and economies would be gathered in one place.

 

Thus, the borders will diminish and people from all around the world and from any country will be able to engage in financial affairs and create wealth and value. All of this is possible because of the large community and club that is created and the connections, possibilities, and tools that exist in them. This created financial system and society, that has Blockchain as its bedrock, can make many fundamental changes in the human societies.

 

By offering a wide variety of stablecoins, cryptocurrencies, and online financial services, Counos Platform provides safer global financial trades and investment in the digital market.

 

In addition to the cryptocurrencies and stablecoins, this Blockchain platform also offers a variety of other services, including Counos Decentralized Exchange (Counos DEX), Counos Escrow, Counos Payment Gateway, Counos Web Wallet, and Counos Mobile Wallet.

Additionally, Counos Platform is going to create different tools and utilities in order to create a safer and larger economic system. Tools and utilities such as election system, certificate issuance system, and many other. These features will create even more value and wealth. 

Also, all these features are carried out using the coins offered by Counos which will make them so much more valuable.

❖ Coins

 Counos Coin Counos Coin is a remarkable cryptocurrency that operates using a Scrypt Based Algorithm in a completely Independent Network

Counos Coin (CCA) is a cryptocurrency that operates within a completely independent network. The purpose of Counos Coin is to provide the highest standards from a reliability perspective for financial transactions and payments worldwide. And as previously mentioned, since the aim is to establish a financial community or club, Counos Coin will be used as one of its currencies. Additionally, this coin will be used for the services that are offered in this club. This coin is a currency that can be used for daily uses and can act as a decentralized bank. Since you can purchase it and deposit it in your account like a bank account. Then you can transfer it, exchange it, and buy other goods and services with it. This is much more than conventional banks and currencies, since Counos Coin is a decentralized value that offers so much.

You can find out more information by visiting page on CoinMarketCap.

 

 Counos X  Counos X has been the high-end currency of the Counos Platform to make sure the latest trends are dealt with for payment facilitation 

Counos X (CCXX) is the first coin that is bankable and implements the proof of work algorithm. The number of coins to be offered in this network has not been limited, but in the first stage about 18,300,000 coins have been mined. In the following stages, in case the duration between two mined blocks is more than 2 minutes, the first block after it will be rewarded 0.035 coins. Other blocks will not be rewarded; in other words, the maximum of 25 coins will be generated in a day. Though keep in mind that it will take hundreds and hundreds of years for this source to max out and get to 21,000,000. For instance, if this full power of mining continues for one hundred years, just 900,000 more Counos X coins will be generated.

 

Among other advantages of the Counos X (CCXX) is that if you hold this coin in the staking wallet longer than a year, you will receive a 5% staking. If you keep Counos X longer than 6 months, your coins will increase by 2%.

 

Additionally, as mentioned above, Counos X is the first bankable coin. Counos Platform is the first company to create a coin that can be bought directly with your local bank. No matter where you are in the world, you can purchase Counos X through your bank or directly with your broker using the Swiss ISIN number.

 

But perhaps one of the most exciting and important things about Counos X is the upcoming update in its roadmap. Some features and changes are planned to be added to Counos X and its Blockchain network, which will make this coin even more valuable than before.

When the latest update of the Counos X roadmap is fully rolled out, these features will be added to this coin:

 

Counos Layer: Counos Layer protocol will be added on top of the Blockchain of Counos X. The source code of Counos Layer is forked from the source code of Omni Layer. This protocol will allow the creation of crypto assets such as tokens and other custom digital assets on top of the CCXX Blockchain network. Counos Layer is a software layer that can be built on top of the Blockchain network.

 

Certification System: with the help of this certificate issuance system, CCXX Blockchain can be used to issue all kinds of certificates such as university degrees, customs documents, transportation documents, identification documents, etc. In this certificate issuance system a piece of a Counos X coin can be used as the certificate with all of the data and information entered recorded in it, and in this way no duplicate of the certificate can exist.

 

Election System: this feature will allow for elections and voting mechanisms to be based on the Blockchain Counos X. Using the CCXX Blockchain network will enable elections to take place in the most reliable and transparent way possible. In this election system a piece of a Counos X coin can be used as the voting ballot, and since it is registered in the Blockchain network, no duplicate ballot can exist.

 

Copyright System: with the help of this system, the Blockchain network of Counos X will be used to register all types of copy rights and patents. This feature can be used to register and store all types of patents, invention patents, intellectual property rights, music rights, and any other type of copyrights. This system used a piece of Counos X coin to issue the certificate for the copyrighted material, then records the data in the Blockchain with the exact data number and date.

 

Decentralized Finance (DeFi): based on this decentralized finance system, assets can be gathered in a crypto pool. As such a very reliable system is created in which assets can be stored and more importantly loans can be given out. This loaning process is based on the reliability and dependability of the CCXX DeFi system. You can find out more about Counos X by visiting its page on CoinMarketCap and also find out about its rank among all the coins listed by this website.

 

 Counos U  Counos U also comes under the Stable Coin powered by Litecoin Source Code

Counos U is s stablecoin that was developed based on SCRYPT algorithm and operates within an entirely independent network. All 21 million units of this cryptocurrency have already been mined and will be made available for public offering. The proof of the Counos U functionality is based on the proof-of-work technology. This type of cryptocurrency was introduced as a payment solution for transactions and settlements denominated in the currency of the United States of America. In addition, the cryptocurrency is accepted in the Counos Payment Gateway and can be also used to execute transactions and settlements globally.

 

Counos U has a fixed value of $100. To ensure this, a specially developed vehicle is built. This vehicle secures the deposited dollars. That is 4 trustees, a Swiss bank and seven other lawyers. And when a Counos U is bought, 100 dollars are deposited in the investment company by the investment trustees previously mentioned.

 Counos EscrowThe main reason for masses getting on-board with this platform is because of Counos Escrow Services.

Counos Escrow System is a financial crypto service wherein a trusted third party keeps the payment of a transaction made between two parties (Using Multi signatures Wallet technology). Counos Escrow is managed and operated by the exchange company Counos OÜ, which is registered in the country of Estonia and has acquired the necessary permit and license for operation.

 

Counos Escrow holds License No. FVT000181, which allows it to offer virtual currency wallet services and to provide crypto and fiat exchange services.

Counos Escrow is a very valuable Crypto escrow particularly when dealing with a lot of money. For example, when users want to sell their goods or services but are hesitant to deliver before being sure that the payment is made, and on the other hand, when users want to buy goods or services and are also hesitant to make the payment before making sure of deliverance. An important part of this assurance comes from Counos Escrow agents.

 

Counos Escrow agents are responsible for overseeing and observing the accurate completion of a contract. These individual agents are comprised of legal firms and attorneys. One of the escrow agents of this crypto escrow is the Counos Escrow System itself, having a legal license for exchange and wallet. Among other escrow agents are the official EU registered law firm Gh Legal S.R.O, and Cedric Scmid, official attorney at law in Switzerland.
 

Counos Decentralized Exchange (DEX)

Counos DEX is a decentralized exchange that was launched in 2019, managed and operated by Counos OÜ, a company that is registered and licensed to legally operate in the EU zone. This platform was designed to offer peer to peer and community-based decentralized trades in a secure environment that empowers all crypto traders.

 

The services of this exchange are available in 248 countries from all over the world. Users not only can exchange a variety of cryptocurrencies, but they can also use the common fiat currencies to buy and sell digital coins. Counos DEX holds License No. FVT000181, which allows it to offer virtual currency wallet services and to provide crypto and fiat exchange services 

 

Counos Centralized Exchange

Counos centralized exchange provides fast, secure, and safe cryptocurrency exchange. Using world class security architectures, users can engage in crypto trades in a free and secure environment.

 

One of the benefits of using Counos Exchange is its powerful order matching engine with an easy-to-use interface. With this engine you are guaranteed to get the trading results you desire.

 

Counos Exchange provides fast deposit and withdrawal of cryptocurrencies as well as fiat money. You can deposit anytime from anywhere, and also you can withdraw your proceedings at any time you want.

It needs to be pointed out that Counos Centralized Exchange is currently in Beta mode. 

 

Counos Payment Gateway

E-commerce businesses can use the Counos Payment Gateway to accept cryptocurrencies as payment for their goods and services. The Counos Payment Gateway works like other payment processors, allowing shoppers to choose Payment Gateway for making payments when shopping online.

 

Online businesses and customers can select which type of cryptocurrency they want to use with Counos Payment Gateway, letting customers choose from a variety of cryptocurrencies and stablecoins.

 

Users do not have to worry about their data, as no wallet information will be required or saved by the firm, nor they will be redirected to a third-party site. Sellers will also be able to settle and send receipts after the transactions have been confirmed.

Counos Mobile WalletCounos Platform currencies are backed by superlative Financial Services and Counos Wallets. Three different Counos Wallets are available for the Members which they can use to hold their Currency both online and physical storage.

Counos Mobile Wallet is an app for Android and iOS devices which enables users to send, receive, and store cryptocurrencies simply and securely. Counos Wallet supports Touch ID to secure it from unauthorized access and has second password to secure payments.

 

Additionally, one of the priorities of Counos Mobile Wallet has been users’ privacy, and through many safety and security measures that have been put in place, the privacy of users is guarded heavily. Users’ assets and personal information are protected and as such an environment has been created for them to engage in crypto transactions with ease of mind.

 

Counos Mining Pool

A mining pool is essentially a collection of miners who have pooled their resources and computing powers together in order to mine a cryptocurrency. As the mining difficulty of a cryptocurrency increases, it becomes harder and harder to mine, because it requires more computation power. Which itself requires more energy, electricity, and eventually more costs. This can often be too expensive for a solo miner. For this reason, miners form groups in order to decrease the costs of mining.

 

Counos Mining Pool presents a community of miners who have gathered together to take part in the mining process of a number of cryptocurrencies. Counos Mining Pool supports these coins: Counos Coin (CCA); Counos X (CCXX); and Bitcoin (BTC).