April 1, 2017 – Singapore: A crypto-one-stop-solution platform, COSS for short, is officially deployed in beta today. The platform merges the most popular cryptocurrency services, e.g. a wallet service, an exchange, a merchants’ platform, into a shared virtual space, in which cryptocurrency customers and merchants can meet and interact.
Developed by an international team headquartered in Singapore under C.O.S.S. PTE LTD license, the COSS platform was first introduced as a final examination project that the CEO of the company, Rune Evensen presented to the committee of the MIT Fintech course in 2016. That was the first draft of a gigantic project that would hardly see the light of day, if it hadn’t received the support of the participants and the experts of the course.
A very thorough plan for COSS was designed shortly after the course finished, with the project kickoff scheduled for December 2016 followed by the testing phase in the beginning of the year 2017. Since then, layer by layer, the platform came to live. The developers’ team nicknamed COSS the “living” project, as it has no end-destination point and can last forever like the internet itself, with more and more startups being added with the time. In February, 2017 the white paper was published on coss.io homepage outlining the technical specifics of the platform.
The main idea behind COSS is the creation of a single user-friendly ecosystem suitable for mass adoption and non-technical users, which would combine crypto and fiat currency services, available for customers with a single registered account all in one place.
"Redefining simplicity has been on our
mind since day one, and we truly believe that COSS can make it a lot simpler
for any average Joe out there to enter the world of cryptocurrencies and
blockchain-related products and services," – shared Rune Evensen.
Upon its soft launch in beta, the COSS platform has an exchange with payment gateway/POS system running. In the nearest future the following features will be setup: a crowdfunding tool, an ICO platform, 3rd party provider plugins, marketcap and coin overviews, a blockchain forum, a remittance and a payment gateway.
"I would like to personally thank all the involved parties that have contributed endless hours to this project. Although we are just getting started, it is a huge MILESTONE for us to finally go live,"- said Rune.
COSS stands for Crypto-One-Stop-Solution and represents a platform which encompasses all features of a digital economical system based on cryptocurrency. The COSS system consists of website payments, seller tools, a marketplace, financial module, e-wallets, coin facilities and a mobile platform. The platform unifies the most popular crypto and fiat currency services, e.g. exchanges, payrolls, wallets, acquisitions and transactions.
For more information about the COSS platform and its features visit coss.io.
Read the white paper here.
Press release distributed by Pressat on behalf of C.O.S.S. PTE LTD, on Tuesday 4 April, 2017. For more information subscribe and follow http://www.pressat.co.uk/