BOSAGORA platform is a decentralized self-evolving cryptocurrency. According to the whitepaper of BOSAGORA, the platform is built on Trust Contracts and an embedded decision-making system called the Congress Network. Trust Contracts are executable contracts based on a protocol layer. It provides a safe and efficient smart contract engine and an easy-to-develop language with multiple tools for easy adoption by developers.

Furthermore, Congress Network solves governance issues arising in decentralized organizations. It promotes DAO, wherein all node administrators have the right to vote. The rule followed is “one vote for one node.” The focus of BOSAGORA is on developing an open, decentralized blockchain that ensures transparency of the consensus algorithm and clarity of contracts.

Byzantine Agreement is a foundational concept in blockchain technology. A Byzantine Agreement is reached when a minimum number of nodes agree that the solution presented is correct, validates a block, and allows its inclusion on the blockchain.

As per the whitepaper, the BOA coins are issued in three ways; Initial Development Budget (10%), confirmation rewards (54%), and the Commons Budget (36%).

The whitepaper of BOSAGORA was released in March 2021. The BOSAGORA Foundation was established in ZUG and Switzerland on April 7, 2017. Serge Komaromi is the founder of BOSAGORA. He has served as a fund manager in the international bank UBS. IWAN Kim is the president of BOA. He has more than 35 years of experience in marketing. Mario Lee is the vice president of BOA. He is the first member who created a shopping mall solution in Korea in 1999.