Let’s say some talent management business “A” is to issue trading cards for dozens of talents. “A” issues token asset for each talent on the NEM blockchain and provides an app for users to make a collection of these cards.

“A” raises a certain amount of funds to develop trading card services and apps.

COMSA first supports “A” to go ICO for “A token” as its central currency. “A” creates 10,000 trading cards per each talent as token assets on NEM blockchain.

 

Users have to obtain “A token” first to buy any trading cards from “A” or in the exchange market.  Trading cards get added into the app as users collect them one by one.

These cards can be swapped or transferred directly among users, or traded at Zaif exchange.

For token transfer between apps, COMSA CORE converts NEM assets into Ethereum tokens.  All the fees will be charged to users by “A” in “A token” to cover network fees.

COMSA is a well suited solution where currency tokens in the public blockchain can be integrated into the internal and private blockchain of the VR game using the mijin private blockchain.

 

This tightly coupled integration allows users to send and receive tokens from outside the VR realm to a specific user in the VR realm that is powered by the mijin private blockchain. Further, the currency can be in any denomination such as ICO issuer’s token, Bitcoin, XEM, Ether, or even fiat currency pegged tokens.

In a IoT era, we have to manage millions of devices and million account balances for monetary values exchanged among them.

Blockchain technology can be the best answer for IoT to manage them, and COMSA solution would be most suitable.

Capacity problem always haunts us when talking about the public blockchain.  There are several developing technologies such as sidechain or lightning network but COMSA proposes a realistic solution utilizing private blockchain networks instead of an add-on layer technology.

An address generated by a device can be used among multiple mijin networks with the same address.  COMSA HUB lets multiple mijin networks talk to each other to sync and peg tokens, while at the same time its balance is kept consistent among these mjin networks and even on public blockchains such as Bitcoin, NEM, or Ethereum.

Any device can be authenticated using a multi-sig request on a private blockchains, that can handle high throughput transactions.

This allows devices to have their own monetary balances settled as micro transactions for their micro jobs they have done, and at a high throughput.

The ledger itself can reside inside or outside of devices.  Without compromising the security, mijin let these devices interact with multiple private blockchains on the Internet.

With COMSA, now those devices can handle fiat pegged tokens or cryptocurrency pegged tokens directly.  The owner of devices can control who can transfer the balance in the devices and  to where, and even can deactivate them by removing its key from the device in case the device goes out of control. All these authentication and controls can be done using the  native NEM protocol in a  public blockchain or mijin private blockchain.

 

These mijin networks not only can handle value or money transfers, but they can also encrypted t messages embedded on transactions.  For example, one can send an order to her car to update its firmware via Over-the-air, that can be opened only by the car itself and authorized by a multi-sig.  All these messages or requests can be sent via the Internet instead of VPN.

 

Controlling IoT devices, and managing their ledgers are easier than ever with COMSA solution.