LA107: Does the KONSTANTER have a real USB port?

Does the KONSTANTER have a real USB port or is there an RS 232 port running in the background?

The baud rate is 115,200 baud and when connection is established, a virtual COM port is created -> looks like an RS 232.

A virtual COM port is created for the USB. The COM port parameters selected at the device apply as well to this virtual COM port (i.e. baud rate, parity bit etc.).