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Author Topic: UTRUST  (Read 313895 times)
lvsca
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October 05, 2017, 05:04:34 AM
 #2561

PayPal gives security to the users, that's why its so popular. But so does UTRUST.

What gives Utrust the advantage is that its CRYPTO. And as we can all agree in this forum, a working solution in crypto, is better than any other working solution, in fiat.  Grin

Paypal actually still charges a lot for international transfers, a bit less than direct credit, debit card transactions. Since crypto is global, this is another point where utrust will beat paypal, with their 1% fees.

i agree with you.
i think, crypto is better than FIAT for online payment. its more secure and fleksibel, low fee, no need debit/credit card.
and, its more transparent, everybody can track the transaction to confirm that payment is real.

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PagSure
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October 05, 2017, 05:08:33 AM
 #2562

ico start date to be announced in the first week of october, and this is the 5th, so when will the ICO start date to be announced ?
I can not wait to invest and see the success of this project Grin

The week is still not over so lets just wait a little more, the team might be doing some arrangements before they will announce it.

the_donald
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October 05, 2017, 05:23:05 AM
 #2563

ico start date to be announced in the first week of october, and this is the 5th, so when will the ICO start date to be announced ?
I can not wait to invest and see the success of this project Grin

The week is still not over so lets just wait a little more, the team might be doing some arrangements before they will announce it.

they are probably still working on it. since they announced new partnerships , that must've taken them some of the time from preparing the ICO.

benalexis12
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October 05, 2017, 05:34:52 AM
 #2564

PayPal gives security to the users, that's why its so popular. But so does UTRUST.

What gives Utrust the advantage is that its CRYPTO. And as we can all agree in this forum, a working solution in crypto, is better than any other working solution, in fiat.  Grin

Paypal actually still charges a lot for international transfers, a bit less than direct credit, debit card transactions. Since crypto is global, this is another point where utrust will beat paypal, with their 1% fees.

i agree with you.
i think, crypto is better than FIAT for online payment. its more secure and fleksibel, low fee, no need debit/credit card.
and, its more transparent, everybody can track the transaction to confirm that payment is real.

Be Proud because were in the crypto world. another thing even if we pay the 1% fee still we are in win-win situation! why did i say so? Crypto is going wild and the price of Utrust will hike up also.

wonderfullife
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October 05, 2017, 06:12:07 AM
 #2565

Utrust could really become the best payment method but we are not yet here. It will have to be accepted by many e commerce and why not accepted by ebay, amazon or alibaba. We are not here yet but i hope that one day i will see Utrust accepted on those websites. If it was the case utrust will be so big. Let's dream ^^
levyashin
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October 05, 2017, 06:29:48 AM
 #2566

ico start date to be announced in the first week of october, and this is the 5th, so when will the ICO start date to be announced ?
I can not wait to invest and see the success of this project Grin

The week is still not over so lets just wait a little more, the team might be doing some arrangements before they will announce it.

they are probably still working on it. since they announced new partnerships , that must've taken them some of the time from preparing the ICO.

We can be sure they are working hard outside of here. Partnership with soma is big. If they have some more partnership in line, they can postpone ico a little bit.

benalexis12
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October 05, 2017, 06:40:24 AM
 #2567

Utrust could really become the best payment method but we are not yet here. It will have to be accepted by many e commerce and why not accepted by ebay, amazon or alibaba. We are not here yet but i hope that one day i will see Utrust accepted on those websites. If it was the case utrust will be so big. Let's dream ^^

Don't you worry crypto is crazy. technologies are very fast like an internet. so if they going to pay media to advertise UTRUST the price will increase and more investors will come in

pynetx
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October 05, 2017, 07:01:01 AM
 #2568

Utrust could really become the best payment method but we are not yet here. It will have to be accepted by many e commerce and why not accepted by ebay, amazon or alibaba. We are not here yet but i hope that one day i will see Utrust accepted on those websites. If it was the case utrust will be so big. Let's dream ^^

The day will come very soon and crypto will become mainstream then. It's a bridge that utrust is trying to build to fill the gap.
windreamteam
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October 05, 2017, 07:41:36 AM
 #2569

We know that nowadays one of the biggest means of payment is paypal so i found that the comparison between utrust and paypal was very interesting.
niklasmato
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October 05, 2017, 07:56:15 AM
 #2570

A small question that I have asked before but haven't found the answer yet.
In the Whitepaper there is a discussion of a mediator which will handle all disputes between sellers and buyers.
I was wondering if you will keep this task In-house or will you outsource this to another company.
I have some experience with outsourced task like this and they haven't always worked out fine. Reason why I'm asking.
batako
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October 05, 2017, 08:07:55 AM
 #2571

ico start date to be announced in the first week of october, and this is the 5th, so when will the ICO start date to be announced ?
I can not wait to invest and see the success of this project Grin

The week is still not over so lets just wait a little more, the team might be doing some arrangements before they will announce it.

they are probably still working on it. since they announced new partnerships , that must've taken them some of the time from preparing the ICO.

I am so sure they still working hard and they will make an announcement as planned. Still two days before this week ended, so be patient! Btw, cooperation with soma could have changed the original plans too!
lw75
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October 05, 2017, 08:29:53 AM
 #2572

Hi all,

After superficially exploring (read-only) crypto in recent months UTRUST seems to finally be a product with tangible real-world value to it. With my interest at peak I spent time reading parts of the whitepaper and it raises questions. For starters:

If both parties do not come to terms in 7 days, the buyer has the option to escalate the claim to a mediator. In this instance, a UTRUST operator joins the chat resolution and serve as mediator and arbitrator with final say on the dispute outcome. Proceeding with an escalation will incur a fee of 2% over the amount in hold if a buyer refund is issued by the UTRUST mediator.

What I understand is that the buyer is penalized even if innocent. Is it my level of English or intelligence?


imtiazmahmood
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October 05, 2017, 08:40:40 AM
 #2573

We know that nowadays one of the biggest means of payment is paypal so i found that the comparison between utrust and paypal was very interesting.

yes. there is comparing with bitpay and paypal. they charge too much and service nothing helpful but UTRUST will fill all gap those need customers. like low fees and accept cryptos many payment methods and bank transfer and also provide soma projects tokens and other cryptos can exchangeable. UTRUST is the one project will bring revolution is this world.
Elkmar
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October 05, 2017, 08:41:32 AM
 #2574

Hi all,

After superficially exploring (read-only) crypto in recent months UTRUST seems to finally be a product with tangible real-world value to it. With my interest at peak I spent time reading parts of the whitepaper and it raises questions. For starters:

If both parties do not come to terms in 7 days, the buyer has the option to escalate the claim to a mediator. In this instance, a UTRUST operator joins the chat resolution and serve as mediator and arbitrator with final say on the dispute outcome. Proceeding with an escalation will incur a fee of 2% over the amount in hold if a buyer refund is issued by the UTRUST mediator.

What I understand is that the buyer is penalized even if innocent. Is it my level of English or intelligence?




I understand the same thing. It's just that in case of refunds, 2% of the transaction is kept by the mediator as a fee for his service.
Geir
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October 05, 2017, 08:43:28 AM
 #2575

Utrust positions itself as the best payment platform in the world. Well, looking forward to ICO. By the way, when does it start? Did not understand. It was supposed to be this week...
Anyway, congratulations on the partnership with Soma, it seems to be a strong mate.

TOP Network   Enable real-world business with Blockchain 4.0 technology  |
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lw75
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October 05, 2017, 08:53:10 AM
 #2576

Hi all,

After superficially exploring (read-only) crypto in recent months UTRUST seems to finally be a product with tangible real-world value to it. With my interest at peak I spent time reading parts of the whitepaper and it raises questions. For starters:

If both parties do not come to terms in 7 days, the buyer has the option to escalate the claim to a mediator. In this instance, a UTRUST operator joins the chat resolution and serve as mediator and arbitrator with final say on the dispute outcome. Proceeding with an escalation will incur a fee of 2% over the amount in hold if a buyer refund is issued by the UTRUST mediator.

What I understand is that the buyer is penalized even if innocent. Is it my level of English or intelligence?




I understand the same thing. It's just that in case of refunds, 2% of the transaction is kept by the mediator as a fee for his service.

Thanks for the reply.

If really so and UTRUST is sticking with this policy to me it would be a huge fundamental and even unovercomable flaw in how they operate. The innocent are to be protected at all times. Not penalized?! Shocked
pynetx
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October 05, 2017, 08:56:34 AM
 #2577

Utrust positions itself as the best payment platform in the world. Well, looking forward to ICO. By the way, when does it start? Did not understand. It was supposed to be this week...
Anyway, congratulations on the partnership with Soma, it seems to be a strong mate.


Yeah, it will become paypal for crypto world. Partnership with soma will give both of them a boost.
The good news is I'm investing in both.  Cool
FIEX
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October 05, 2017, 09:07:50 AM
 #2578

Utrust could really become the best payment method but we are not yet here. It will have to be accepted by many e commerce and why not accepted by ebay, amazon or alibaba. We are not here yet but i hope that one day i will see Utrust accepted on those websites. If it was the case utrust will be so big. Let's dream ^^

There is still a long way to go!
But with the partnership with SOMA they are one step closer to dive in a real big market (Japan). Really hope the development of the system will go smoothly so everything will be launch in the timeframe the devs had in mind.

Cant wait to see this project live!
Lorilikes
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October 05, 2017, 09:13:03 AM
 #2579

Exciting as the days creep closer !  UTRUST I mentioned you in a cool article coming out today.  About a Cashless Society that needs some UTRUST - Sweden!
The region will surely adopt your project they are almost Cashless .

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PagSure
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October 05, 2017, 09:16:35 AM
 #2580

Utrust positions itself as the best payment platform in the world. Well, looking forward to ICO. By the way, when does it start? Did not understand. It was supposed to be this week...
Anyway, congratulations on the partnership with Soma, it seems to be a strong mate.


Yeah, it will become paypal for crypto world. Partnership with soma will give both of them a boost.
The good news is I'm investing in both.  Cool

Good choice of investment your money will surely profit with UTRUST if you hold it for one year or maybe more. Soma is also a good project and you know Japanese are good in business also.

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