T.OS claims to be cryptocurrency for the actual transaction, and in the process of replacing the real money with the cryptocurrency in the future, it continues its efforts around the world to stand as the ‘key currency of cryptocurrency’. At present, T.OS is disseminating its possibilities all over the world in order to build economy for practical use.
One of T.OS promotions in progress all around the world, the Nasdaq advertisement of T.OS had been prepared during the preparation stage of advancing into the global market beyond Asia ahead of the listing of large exchanges. The ad was released to the public on the outside of the Nasdaq building on two occasions, the third week of June and the third week of July.
T.OS’s payment system maintains the same value at the point of currency exchange at trading floor and at the point of purchase at the store by introducing TOSP coin, which is the internal private coin with unchanging value, into the process of payment, purchase and exchange beside TOSC coin that is used for transaction. TOSP is used only for the internal process of T.OS payment system, so it is not traded in the external exchange, which features the advantage of no price changes through distribution transactions.
T.OS stated, “TOSP, a central element of the T.OS payment system, is the internal private coin that is optimized as a quick and stable payment method, so it is cryptocurrency that cannot be distributed in the market. Therefore, since it is excluded from the targets of hackers, customers and business owners can have peace of mind when using TOSP coin in commerce activities.”
In addition, the company will present its proprietary-protocol based hardware wallet without internet protocol as order production method so that users can protect their cryptocurrency more safely. It also plans to operate cryptocurrency consulting and franchise and make each country’s trading floor become a stronghold of T.OS payment system after firstly develop 10~20 sites around the world.
T.OS plans to launch a payment system for T.OS in the second half of the year and test the actual transaction system through some of merchants, including Japan's famous live house "Kento’s", and then conduct public services in the first half of 2019.
T.OS’s marketing manager said, “T.OS project is aiming at a block-chain payment system platform that can be used for both on-line and off-line payments of cryptocurrency. In the future, we will continue to make efforts to promote T.OS to the global cryptocurrency market with technology development and lead the cryptocurrency payment platform.”
Meanwhile, T.OS participated in "Blockchain Partners Summit 2018" held at Walkerhill Hotel in Seoul for two days from 21st July as a Platinum sponsor to share the technology and vision of T.OS. Also, at the summit, Wook-tae Kang, CEO of Blockware, attended as a speaker to introduce the advantages of T.OS.