Utrum ecosystem and solutions in the crypto world

in #cryptocurrencies6 years ago (edited)

Utrum platform
Utrum ecosystem provides a solution to the cryptocurrency dilemma

Why Utrum platform?
We need to know why such platform came into existence where there are a host of other cryptocurrencies out there claiming to solve one problem or the other. The question is, what actually necessitated Utrum’s inception into the world of cryptocurrency?
The world actually needs to be fully informed about this new era of cryptocurrency. It seems there is no clear definition of how cryptocurrencies are shaped and there are so many risks inherent in cryptocurrency business. This is actually the truth about the current trend. The next question is this, how do we get cushioned against the volatile cryptocurrency business? Indeed, this is more than a million dollar question. Where do we go from here? Who can help us to unravel this mysterious era of cryptocurrency?
Searching the web, utrum posited to be one of the solutions to address the key issues plaguing the current trend in the crypto world. One solution that is needed now, is to get a decentralized platform with a reputation where all information about cryptocurrencies and its related matter can be sourced and relied upon accurately. This will be needed for an investment opportunity with little or no risk attached to it.
Then what is Utrum?
Utrum is a distributed platform that is set to provide the desired reputation-based and quality-curated Cryptoanalysis, reviews and market predictions for both cryptocurrency newbies and investors. The ecosystem is structured in such a way as to reward members with (OOT) Utrum tokens through an advanced application of crowd wisdom, AI, and elected members “Trustees” who are meant to represent the best interests of the network. Hence, Utrum is a blockchain network meant to give in-depth reviews analysis and information about cryptocurrencies.
With this detailed analysis by the contributors, investors can now make a full and informed decision on which investment to be made. The investors are well directed as to what to do and know where to begin. Utrum will provide an opportunity for a reward for the provision of information by the contributors.
Two basic models will be adopted in the utrum’s ecosystem. This is meant for the purpose of a frictionless ecosystem.

Trial by Jury model

One interesting thing emphasized in the utrum platform was the introduction of Judiciary model. This implies that the level of information sourced from this platform is structured in a way as to ascribe quantity or measurement to them. The Numeric value will be assigned to responses. The model provides a forum where members could ask questions and get professional assistance in the crypto world.
As a follow-up to the jury model, a quality control mechanism will be integrated to enhance the filtration of message and dependence level. This will help to account for the level of trustworthiness of a message disseminated within the platform.

Utrum’s Governance model
Interesting, at the unset of the platform, 12 elected trustees will be at the helm of affairs of the community. Over time, as the community expands more trustees will be added. This will be done democratically after the expiration of six months. The elected trustees will then be injected into the utrum’s ecosystem. Of course, the utrum team will have an oversight on this proceedings. For this reason, Utrum intends to encourage users of the platform to cast their vote based on conscience over influence.

FEATURES IN UTRUM PLATFORM


Utrum ecosystem engrafted the following into its platform: Rating system, Background information, dynamic Reputation system, Built-in reward system, Machine learning Algorithm, a comprehensive database of cryptocurrencies and Assets. Rating helps users to ascertain the level of trustworthiness of crypto assets. In order to mitigate the risk tendency of a crypto asset, utrum will assist in providing detailed information about crypto project posited on the utrum’s platform. As the community expands, the integrated algorithm becomes smarter and can provide more accurate information. Utrum has integrated a secured wallet called Agama wallet. This is actually a komodo Multi-cryptocurrency wallet.
Visit Utrum's official website for more information click here

bountyhive.io/r/henrygreat
Henrygreat

Read more about Utrum from the underlisted articles below
Utrum and its revolutionary cryptocurrency concept
utrum-platform-and-its-blockchain-approach

Read about other articles relating to real estate in blockchain technology
wealth migrate real estate investment in blockchain

Sort:  

Hello! Good article! I'm interested in the them of ICO and crypto-currency, I'll subscribe to your channel. I hope you will also like my content and reviews of the most profitable bounties and ICO, subscribe to me @toni.crypto
There will be a lot of interesting!

Coin Marketplace

STEEM 0.16
TRX 0.15
JST 0.028
BTC 58239.61
ETH 2287.71
USDT 1.00
SBD 2.50