UTRUST: The next big thing

 UTRUST is a payment platform that offers your safe payment method. This platform is so useful for people who develop business and join crypto currencies. Yes, a crypto currency is popular today. It is the best choice to get much money using digital media. No wonder if many people want to join crypto currencies because you don’t need to do difficult steps for joining crypto currencies. But, sometime people feel confuse to sell or buy altcoin or bitcoin because they have not found best payment platforms. Nowadays, you don’t have to worry anymore because you can choose UTRUST.
UTRUST is good choice for buyer and seller. Let’s we mention every benefit of UTRUST for buyer first. For buyer, UTRUST is very useful because it will minimize the risk of fraud and scams. Yes, UTRUST provides a full payment protection and also acting as a third party mediator. UTRUST will protect your purchase, starting from the time you pay until the purchase delivery.

Not only useful for buyer, UTRUST is also useful for seller. Actually, UTRUST is really useful for seller because it offers low fees and real time transaction. By using UTRUST, you can say goodbye to credit card fraud, nasty chargeback, and also hacked account payments. Not only that, you can also accept multiple cryptocurrencies, finally all payment can be converted to fiat currency. For you who don’t want to be trapped in market place fluctuations, UTRUST is recommended payment platform for you. 

 How Does UTRUST Work?

Here’s the basic process through which a UTRUST transaction will take place:

• The buyer pays with any major cryptocurrency, taking advantage of low conversion fees. Buyers can also use a UTRUST token with zero conversion fees.
• The funds are immediately converted to fiat currency in order to protect the seller from market volatility.
• UTRUST uses a dynamic holding system where they hold the funds and release them to a seller, adjusted on a performance-based timeframe.
• The seller receives the amount in fiat currency, then can withdraw to a bank account, keep it in a wallet, or convert it to another cryptocurrency.

UTRUST Features And Benefits

Overall, UTRUST’s features claim to make it “the safest payment platform in the world” for both buyers and sellers. Some of the advantages UTRUST claims to have over other payment platforms include:

Lower Buyer Purchase Risk:

UTRUST covers all purchases (goods and most services), while traditional solutions like PayPal can only protect the purchase of physical goods. Cryptocurrency-based services like Bitpay don’t cover anything at all.

Faster Payment Approval Speed:

Unlike traditional payment systems that delay the approval of payments due to the high risk of fraud (not to mention requiring the submission of countless documents), UTRUST approves payments immediately, making the process hassle-free for both parties (the buyer and seller). Obviously, Bitpay offers similar advantages but PayPal does not.

Low Exchange Fees:

Nobody likes paying fees on money they’re making. UTRUST charges sellers a flat 1% fee on received payments. Meanwhile, services like PayPal charge fees of 2.9%. Those fees can rise to 5% or higher when accounting for exchange rate fees and other hidden charges.

Multiple Cryptocurrencies Accepted:

UTRUST accepts the most popular cryptocurrencies on the market, including bitcoin, Ethereum, Litecoin, Dash, Monero, and others. Bitpay, on the other hand, only accepts bitcoin, and PayPal doesn’t touch cryptocurrencies at all.

Fund Safety:

UTRUST claims to leverage the power of blockchain to avoid credit card fraud. Users have full control over their own private keys and funds. Not even UTRUST can access your wallet. Meanwhile, services like PayPal are notorious for locking your funds, and they have a poor track record of keeping users’ funds safe.

No Chargebacks:

Sellers will be protected from rampant credit card fraud and nasty chargebacks through UTRUST. However, the website doesn’t go into much further detail about this process.

Customer Payment Protection:

Customers’ payments are protected through a fast, self-mediated two-party resolution system, and an advanced 3-party resolution dispute mechanism if the first isn’t successful. This allows parties to chat in real-time guided by a UTRUST resolution mediator. In comparison, PayPal can take several months to solve a dispute.

Seller Performance-based Rating:

UTRUST implements a performance-based analytics algorithm to evaluate the performance of sellers. The idea behind this is that a transparent and honest seller should rise to the top, while low-quality sellers will disappear. Furthermore, top sellers will see their hold times virtually disappear, while low-quality sellers will see increased hold times.UTRUST encourages customers to compare it to popular payment processing platforms like PayPal and Bitpay. They go into further detail about their comparison on their site.

 TEAM CORE

• Nuno Correia, CEO
• Filipe Castro, co-founder & CIO
• Artur Goulão, CTO
• Roberto Machado, CPO
• Luís Ferreira, Head of Engineering
• Laura Esteves, Head of Operations
• João Ferreira, Head of Design
• Nick Olender, Head of Sales & Partners
• Miguel Palhas, Software Engineer
• Francisco Baila, Product Designer
• Gabriel Poça, Software Engineer
• Ronaldo Sousa, Software Engineer
• Fernando Mendes, Software Engineer
• Bruno Azevedo, Software Engineer
• Pedro Costa, Software Engineer
• João Justo, Software Engineer

ADVISORY BOARD

• Francisco Maia, Co-Founder and CEO of SafeCloud Technologies, a Swiss venture focused on privacy-preserving software solutions
• Francisco Cruz, Researcher at INESC TEC and Co-Founder of SafeCloud Technologies based in Switzerland
• João Paulo, Co-Founder of SafeCloud Technologies based in Switzerland and researcher at INESC TEC
• Sérgio Viana, Enterprise Architecture, Software Engineering, Requirements Engineering, Team Management and Marketing.
• Marc Howland, Financial Advisor
• David Bryan, Strategic Advisor
• Daniel Pierce, Legal Advisor
• Sascha Benz, Business Develop. Advisor
• Lilian Yu, Marketing Advisor

The UTRUST Token

UTRUST’s token, UTK, is a cryptocurrency designed for the UTRUST ecosystem. You can buy, sell, send, and receive UTK in the platform. You can convert it to fiat and other cryptocurrencies or keep it in your wallet to see its value grow with the platform.Transactions that use the UTRUST token will be converted internally and benefit from zero exchange fees.The UTK pre-ICO is scheduled for August 28 at 4pm GMT. A total of 1 billion UTK tokens will be released. They’re ERC20-compliant tokens based on Ethereum. You can purchase the tokens using BTC or ETH.The public ICO will take place later in September, although UTRUST has not yet revealed a date. Purchase bonuses are available throughout the sale. 

For more information visit

    Official Website: https://utrust.io
-   Crowdsale: https://utrust.io/ico
-   Twitter: https://twitter.com/UTRUST_Official
-   Facebook: https://www.facebook.com/utrust.io
-   Slack: https://utrust-official.slack.com
-   LinkedIn: https://www.linkedin.com/company/utrust-payment-solutions
-   YouTube: https://www.youtube.com/channel/UCJGArTMLKNJwO9r2E6TN9pQ
-   Reddit: https://www.reddit.com/r/UtrustIO
-   Whitepaper: Download Now!
-   Announcement: https://bitcointalk.org/index.php?topic=2078433.0
- Bitcointalk Profile link: https://bitcointalk.org/index.php?action=profile;u=880386