Introduction to the Counos Platform - Coins Int. Journal - News Magazine

Counos is an online peer-to-peer platform that provides numerous financial and payment services utilising Blockchain technology on an all-in-one platform. It is an open-source and decentralised worldwide network. It will provide consumers with maximum security in online payment by integrating both proof-of-work and Timestamp server technologies.

Counos allows people from all over the world to connect to the network and operate it in real-time. Although Counos developers are working to improve it, a modification to the original protocol is not conceivable.Counos Platform, founded in 2018, is situated in Switzerland and provides a wide range of services related to Blockchain technology and cryptocurrencies.

The main goal of this organization is to create an economic community based on Blockchain technology, so that its members may achieve their goals using this technology and via this society, much like citizens of a country.Counos is a worldwide open-source and decentralised network that offers a variety of financial and payment services using Blockchain technology under a single platform.

This Blockchain platform, in addition to cryptocurrencies and stablecoins, provides a number of other services, including:

  1. Counos Escrow
  2. Exchange
  3. Payment Gateway
  4. Counos Wallets

Counos Escrow

Counos ESCROW Services are designed to give customers a high degree of confidence so that processed payments are protected from fraud and crypto assets are protected from theft. ESCROW is a type of financial instrument kept by a third party on behalf of the grantor and only given over to the grantee when the grantor has fulfilled the contractual obligation agreed by and between two parties undertaking a commercial transaction.

Exchange

Counos’ Decentralized Exchange service enables users to conduct peer-to-peer exchanges via the Blockchain and exchange cryptocurrencies to one another or fiat money in the simplest and safest method possible. Users may handle their currencies directly without the involvement of a third party using the Decentralized Exchange service.

Counos, on the other hand, as the overseer of deals, will verify their security and legitimacy. However, because Decentralized Exchange customers will no longer be required to hand over their digital assets to the exchange, the chance of assets being hacked and stolen will be minimal.

In addition, Counos Escrow will be utilised in the Counos Exchange service. With the existence of a third party or an overseer in this service, the user will be able to guarantee the transaction linked to converting cryptocurrencies to one another.

Payment Gateway

Counos Payment Gateway is a solution for e-businesses that allows them to sell products and services in cryptocurrency. Counos Payment Gateway, like other respected exchangers like Stripe or Skrill, can handle all shopping payments, and clients may use Counos Payment Gateway to settle their invoices while buying online.

Counos Payment Gateway allows online stores to designate a certain cryptocurrency as the source of trade, enabling customers to pay their invoices with any other cryptocurrency. Counos Payment Gateway accepts Counos Coin, Counos Cash, Counos E, and even Bitcoin, Litecoin, and Ethereum as well as other cryptocurrencies.

Counos Wallets

Counos is an all-in-one Blockchain-based financial platform that aims to meet all of your financial needs in a single infrastructure.

Counos has taken measures to provide more security by offering a collection of diverse wallets aimed at completing Blockchain-based financial services; Counos specialized mobile wallets for iOS and Android, in addition to offering extensive services such as decentralized exchange, Escrow, and internet payment gateway.