• Press Releases
    • Submit a press release
    • Read All
  • Advertise
  • Contact us
Crypto.com Logo Crypto.com Logo
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Press releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
    • Monero Price
    • MimbleWimbleCoin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Btcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Play Games
  • BET&WIN
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Press releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
    • Monero Price
    • MimbleWimbleCoin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Btcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Play Games
  • BET&WIN
Bitcoinist.com
No Result
View All Result
UTRUST are Promoting a Cryptocurrency Payment Solution to 2.5 Billion 'Unbanked' People, Announcing ICO Details
Nexo

UTRUST are Promoting a Cryptocurrency Payment Solution to 2.5 Billion ‘Unbanked’ People, Announcing ICO Details

Bitcoin PR Buzz by Bitcoin PR Buzz
5 years ago
in Bitcoin PR Buzz, Press releases
0
Advertisement

Cryptocurrency payment solution UTRUST is a relatively new application of blockchain technology and cryptocurrencies that are being developed independently by a few companies around the world. The main focus is the same: to develop a credible payment solution that accepts all popular cryptocurrencies and incorporate some level of buyer protection mechanism in the system. UTRUST was the first company to come up with a practical working model of such a buyer protection with the guarantee being made in fiat currency according to the exchange rate at that time.

[Note: This is a press release.]

5 BTC + 300 Free Spins for new players & 15 BTC + 35.000 Free Spins every month, only at mBitcasino. Play Now!

This novel technique was implemented practically by UTRUST and they have since launched an initial version of their cryptocurrency payment solution. Recently, they made headlines by announcing a partnership with Soma, a cryptocurrency social marketplace where their groundbreaking payment solution could be practically implemented.

Now, UTRUST is becoming very popular within the cryptocurrency community due to their business development efforts and introducing the new buyer protection-backed cryptocurrency payment solution. However, there are many people out there who are not so familiar with the word “cryptocurrency,” and don’t hold money in banks due to taxation and many other reasons. They just don’t “bank” whatsoever.

Due to the decentralized blockchain-based solutions, the 2.5 billion or so “unbanked” people are expected to boost the GDP of these generally developing countries by over $3.7 trillion and create jobs for over 95 million people. But, first, they need to know what they are dealing with.

BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner?
Get 110 USDT Futures Bonus for FREE!

For this purpose, UTRUST is starting a worldwide mass contact movement to further their tech and PR in the masses. They hope to advocate their innovative solutions and try to become a pioneer in unbanked solutions across the globe. They aim to capitalize on existing markets all the while promoting their own new approach. UTRUST are now participating in these following blockchain conferences around the world:

  • Blockchain Economic Forum 2017 – October 31 to November 1, New York, USA
  • Web Summit 2017 – November 6 to 9, Lisbon, Portugal
  • Blockchain & Cryptocurrency Conference– November 11, Tokyo, Japan
  • Switzerland Wealth Innovation Tour – November 15, Zug, Switzerland
  • Blockchain Summit – November 22, Zug, Switzerland
  • Blockchain Summit London Olympia – November 28, London, UK
  • Blockshow Asia – November 29 and 30, Singapore
  • Cryptocurrency World Expo – December 1 and 2, Warsaw, Poland

UTRUST is trying to become the first success story in blockchain-based payment solutions and wants to use these forums as a basis to spread the word and strike up strategic partnerships like the previous one with Soma.

UTRUST ICO

The public ICO will start on November 2, 2017. The funds collected will be spent on establishing further connections and partnerships and PR required to become the Paypal of cryptocurrency in the near future.

The UTRUST token has already sold out in pre-ICO sections, and now the main ICO will begin shortly. UTRUST has made a hard cap of 1 billion tokens, but the maximum crowdsale cap is at $49 million @ $0.065 per Utrust Token.

About UTRUST

UTRUST is the world’s pioneering company in implementing customer protection in its cryptocurrency based payment solution. It is building a world-wide accepted Paypal-like payment solution not just for marketplaces and classified advertisement but a stand-alone payment solution as well. It is one of the most exciting things to come out of crypto in latter stages of this year for sure.

Visit the official website here.

Read the official Whitepaper here.

UTRUST is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.


Images courtesy of UTRUST

ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Bitcoin PR Buzz

Bitcoin PR Buzz

About Bitcoin PR Buzz: Bitcoin PR Buzz has been proudly serving the PR and marketing needs of Bitcoin and digital currency tech start-ups for over 2 years. Get your own professional Bitcoin and digital currency Press Release. Click here for more information.

Related Posts

What Makes Gnox (GNOX) a Hedge Against Bear Markets as Opposed to Helium (HNT), Aave (AAVE), or Shiba Inu (SHIB)?

What Makes Gnox (GNOX) a Hedge Against Bear Markets as Opposed to Helium (HNT), Aave (AAVE), or Shiba Inu (SHIB)?

29 mins ago
LBank Exchange Will List IX Token (IXT) on July 7, 2022

LBank Exchange Will List IX Token (IXT) on July 7, 2022

16 hours ago
Tron (TRX), Shiba Inu (SHIB) and Big Eyes (BIG) – Are Three Cryptos To Put On Your Watchlist

Tron (TRX), Shiba Inu (SHIB) and Big Eyes (BIG) – Are Three Cryptos To Put On Your Watchlist

16 hours ago
Was Dan Peña Right That Bitcoin (BTC) Is Dead? Small, Quality Projects Like Gnox (GNOX) Look To Be New Crypto VC Haven

Was Dan Peña Right That Bitcoin (BTC) Is Dead? Small, Quality Projects Like Gnox (GNOX) Look To Be New Crypto VC Haven

1 day ago
LBank Weekly Listing Report, 4th July 2022

LBank Weekly Listing Report, 4th July 2022

1 day ago
Chimeras Launches Open Alpha Version of Metaverse Game

Chimeras Launches Open Alpha Version of Metaverse Game

2 days ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS
  • NAGA

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

Pages

  • Contact us
  • Editorial Policy
  • Advertise
  • Crypto Prices from Nomics
© 2022 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Press releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
    • Monero Price
    • MimbleWimbleCoin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Btcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Play Games
  • BET&WIN

© 2021 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.