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CSENS, a fintech company, designed to positively impact the environment with every payment. It provides a range of services to empower users to make a difference through their transactions. CSENS Pay, the company's first product, is a green payment solution that allows merchants to process transactions, including crypto to cash payments, in an environmentally conscious way. The payment gateway provides secure and seamless transactions, in-store, or online.
The company's CSENS app, which is built on Skale, a unique proof of stake blockchain platform, offers a digital Visa Card (google play, apple pay), providing flexibility for consumers to help the planet wherever they shop. Users can collect, spend, and manage their crypto rewards with their Wallet on CSENS App. The app also includes a unique gamification to help them trade, save, stake, and compound their rewards. The App Daily news feed keeps the users up to date on environmental and social issues.
CSENS, a company founded by Malcolm and Oliver Robertson, and was built considering outcomes that were "Envirosocial", a term coined by Oliver, which recognizes the intersectionality of environmental and social issues. In 2008, they were inspired by the possibility of economic activity that would have a positive environmental and social impact. From here CSENS' foundational principles were established as a guide for the company's ideation, research, and methodology.
After thorough research and testing, CSENS was recognized by the Novatti Group, a leading digital payments company, which provided the financial services needed to develop CSENS Pay – the world's first enviro-positive green payment system. This included provisions for a Visa debit card and CSENS' green merchant payment gateway.
CSENS Pay has now been launched in Australia and is set to revolutionize the way people make payments. The company's patented app and payment system not only help individuals make a positive impact on the environment but also reward them for doing so. Once the system is fully optimized and functional, it will expand into the international market, making green payments accessible to people around the world.
CSENS, a company specializing in the development of innovative environmental and social payment solutions, has achieved significant milestones and received recognition in the industry for their approach. Partnering with Novatti Group to provide the world's first green payment system is a notable achievement. Novatti has aready received multiple awards and recognition in the fintech industry, including the "Best Fintech Payments Provider" award at the 6th Annual FinTech Awards 2021 and being a finalist in the "Solutions Provider of the Year" category at the Blockchain Australia's Blockies awards.
The Australian government has awarded CSENS 'R&D status', providing significant grants for over four years to complete the development of their payment system. Currently, CSENS Pay is available in Australia and is set to launch into New Zealand soon. The company has plans to expand its platform throughout Southeast Asia in partnership with the Novatti Group. Additionally, CSENS' partner SKALE has granted an initial supply of 5,000,000 SKL tokens, which are currently valued at approximately USD 300,000, for cross-promotion and distribution to new users. With their partnerships, CSENS anticipates many opportunities for awards and recognition as the company introduces its products to the public.
The co-founders of CSENS, Malcolm, and Oliver, bring a unique blend of skills and expertise for the development of the companys'Web3 application. With backgrounds in process engineering and a focus on innovation and invention, they have honed the collaboration over many years and are capable of delivering high-quality solutions with real-world impact.
The CSENS project represents a culmination of efforts to showcase what can be achieved with the right combination of skills, determination, and drive. Its main objective is to provide businesses with the necessary tools and incentives to act with enhanced social and environmental consideration.
CSENS is widely regarded as an innovative leader in the Australian and international blockchain industry with a primary focus on local connections to merchants and consumers. From the start, the firm's goal has been to create a payment system that connects the everyday mainstream to blockchain for the sake of environmental and social good. By utilizing the appropriate blockchain technology, CSENS can inspire local applications and eventually expand its impact to become a global force. The result of this will be enhanced sustainable growth for both consumers and businesses.
CSENS's platform rewards people and the environment with a seamless crypto-to-cash payment option for Merchants, crypto can now be more broadly utilized in the mainstream and at the same time support environmental regeneration.
The founders believe that disruptive technologies such as Artificial Intelligence, Big Data, and the Cloud are driving innovation in the Blockchain industry. With vast amounts of data available, these technologies can be used to identify trends, patterns, and relationships that can help to optimize the performance of developers and blockchain networks. Exciting possibilities are compelling businesses to refine and improve their services. It provides opportunities that stimulate innovation, and its creative applications can help us all.
Innovation for the greatest benefit has been given top priority by CSENS. Thinking about how the business connects to the most people possible is the first step in the ideation process. It then goes back to the tiniest particulars that make that function possible.
The co-founders emphasize "Innovation is a result of an applied attitude. Failure doesn't come from thinking too big, but instead from not thinking big enough. As we expand the scale of our thinking, we are brought to consider the tiniest of details – for success is always in the detail."
The co-founders, Malcolm, and Oliver have worked well over ten thousand hours with each other in an extraordinary partnership, ideating, testing, and developing CSENS.
The drive for positive change has led to partnerships with Novatti Group, Labrys, a leading internationally recognised blockchain development company. SKALE, and Hashlock, a specialized, digital and blockchain auditing provider that thoroughly reviews and verifies all lines of code, ensuring security for its users. Finally, Acrogonip – Patent attorneys ensure the company's unique IP is securely protected.
The founders say "financing this project was a challenge, capital raised has benefited from Commonwealth R&D grants enhancing our capacity to complete the CSENS Project." Determining the appropriate legal framework suitable for the Australian market and its high regulatory standards was a challenge that took time and considerable expense, they add.
Finding the right blockchain developer to help spec, scope, and implement the company's unique comprehensive approach was also a challenge. The UI and UX required time to develop; onboarding and interaction must be simple and easy to use before any public release.
It has been a formidable task to test and develop something as comprehensive in design as the CSENS platform. The features include two unique tokens that are specifically designed for environmental and social impact. Firstly, a stable token CSENS Element is suitable for trustable transactional purposes. Second, the company has an envirosocial reward token, the CSENS Compound, which utilizes proof of Envirosocial work to release these utility tokens. An algorithm based on the Fibonacci sequence underpins the CSENS Compound Token and creates a compounding effect for envirosocial outcomes.
Each new token released requires more work than the previous, compounding the effect on the regenerative work being done. The CSENS Compound becomes an anchor for participation in its systemic gamification that creates an internal market for this token and helps stabilizes its progressive increase and market value.
The company's MVP green payment gateway is now launching in Australia, to be followed by the release of its CSENS Pay digital Visa debit card. The company's green payment platform offers strong incentives to participate as it plans to expand into the worldwide market.
CSENS is at the forefront of a new and necessary economic era that compels the need for sustainable business growth. The company is committed to its mission to engage everyone from everyday shoppers to merchants, techies, crypto enthusiasts, and investors. As CSENS builds the economic function required for the present and future generations, everyone has a part to play.
CSENS remains focused on the goal of innovation for the common good and is continuously improving the platform. The company has plans to expand the team by adding specialists in areas of administration, finance, customer service, and marketing.
Quote: "Fintech is the point of economic connection. To green, every transaction re-directs businesses towards enviro-social outcomes. The fight against environmental degradation aided by AI and Blockchain is an exciting prospect that offers hope for "A future beyond net zero".
Management: Malcolm and Oliver Robertson, Co-Founders, CSENS
Website: https://csens.io/
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