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Author Topic: UTRUST  (Read 313895 times)
levyashin
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October 08, 2017, 12:43:57 PM
 #2981

I'm excited to see the mediated chat mode being utilized for the efficient resolution of disputes. I think its  a great feature from UTRUST.


If understood correctly the whitepaper explains that in such dispute buyer is going to carry the weight by paying 2% mediation cost to UTRUST. Now imagine a large amount of value involved.. Not a pretty perspective to say the least.
I asked UTRUST what a strange policy they plan on using here but have not received an answer. Also nobody but one responded to my earlier post about it. Did anyone really take it in and have an opinion? Not a biggie to you?

And as their mediator is probably a real person it will be interesting to know what guidelines they follow and over time the reputation of dispute outcomes. Things like human error, benefit of doubt and partiality come to mind. I'm just curious how UTRUST is going to effectively protect buyers and not make money quite literally off their backs. Honestly, I wonder if Paypal had this exact policy implemented where a buyer pays mediation fee, would they be a great deal less popular.

Penny for your thoughts..

When I opened a dispute on PayPal I really don't recall if I paid a mediation fee. But btw, my thought about this is, the most fair move is to ask for that 2% only if they solve your dispute, I'll be ok with that but I'm not so sure if I'll agree with a fee payment in advance

When I opened a dispute in Paypal I don't think I paid any money for it but they couldn't solve my problem. They made it worse so I am not sure about that. If they would have solved it, I would happily pay %2.

ace4549
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October 08, 2017, 01:10:48 PM
 #2982

With this project,selling and buying stuff will be easier.It's 21 century now.Nice one. I'm looking forward for the upcoming ICO.

Correct!. UTRUST aims to address issues that occurs on previous payment platforms for the benefit of its end users.
Paypal compared to utrust is very bit hassle because you have to input your debit or credit card number one per user only..but with utrust u have ur own free will to transfer any favorites cryptocurremcies.u have in ur wallet
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October 08, 2017, 01:11:01 PM
 #2983

Waiting forward upcoming ICO. I hope that everything will be ok and law regulations in China will not disturb developing this promising project!
Good luck guys!

afaik, the last news i heared is that china is going to licence the exchanges. so, everyone who went to japan with his investment & coins will come back and all stopped china icos can start over again Smiley
ace4549
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October 08, 2017, 01:12:49 PM
 #2984

Waiting forward upcoming ICO. I hope that everything will be ok and law regulations in China will not disturb developing this promising project!
Good luck guys!

afaik, the last news i heared is that china is going to licence the exchanges. so, everyone who went to japan with his investment & coins will come back and all stopped china icos can start over again Smiley
wow thats good news for everybody here and worldwide either..bitcoin prices may rise soonest.
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October 08, 2017, 01:24:04 PM
 #2985

With this project,selling and buying stuff will be easier.It's 21 century now.Nice one. I'm looking forward for the upcoming ICO.
yes UTRUST says they are going to be the contender of paypal im seeing they are better than that because crypto is much diverse and UTRUST is much flexible in terms of payment its convenient for the buyer and seller because they are protected from the fluctuations of the high volatility of crypto I would totally agree with you its 21 century now its time for the mass adoption for digital payments.
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October 08, 2017, 01:29:17 PM
 #2986

With this project,selling and buying stuff will be easier.It's 21 century now.Nice one. I'm looking forward for the upcoming ICO.
yes UTRUST says they are going to be the contender of paypal im seeing they are better than that because crypto is much diverse and UTRUST is much flexible in terms of payment its convenient for the buyer and seller because they are protected from the fluctuations of the high volatility of crypto I would totally agree with you its 21 century now its time for the mass adoption for digital payments.

in addition UTRUST and its team is really great their vision is really clear that it would attract investors very well in my first time reading the white paper i was amazed i believe it will really facilitate transactions and will serve as a frictionless and secure payment in this users will feel very comfortable it will give them the assurance knowing that success of the transaction is backed by the good system of UTRUST and its team

skyflakes88
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October 08, 2017, 01:39:24 PM
 #2987

With this project,selling and buying stuff will be easier.It's 21 century now.Nice one. I'm looking forward for the upcoming ICO.
yes UTRUST says they are going to be the contender of paypal im seeing they are better than that because crypto is much diverse and UTRUST is much flexible in terms of payment its convenient for the buyer and seller because they are protected from the fluctuations of the high volatility of crypto I would totally agree with you its 21 century now its time for the mass adoption for digital payments.

in addition UTRUST and its team is really great their vision is really clear that it would attract investors very well in my first time reading the white paper i was amazed i believe it will really facilitate transactions and will serve as a frictionless and secure payment in this users will feel very comfortable it will give them the assurance knowing that success of the transaction is backed by the good system of UTRUST and its team

It would be nice seeing UTRUST as another option of payment in taobao, alibaba, walmart, amazon, ebay, lazada Smiley it has a potential to be better than paypal i guess this is the next level

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October 08, 2017, 01:44:05 PM
 #2988

With this project,selling and buying stuff will be easier.It's 21 century now.Nice one. I'm looking forward for the upcoming ICO.
yes UTRUST says they are going to be the contender of paypal im seeing they are better than that because crypto is much diverse and UTRUST is much flexible in terms of payment its convenient for the buyer and seller because they are protected from the fluctuations of the high volatility of crypto I would totally agree with you its 21 century now its time for the mass adoption for digital payments.

in addition UTRUST and its team is really great their vision is really clear that it would attract investors very well in my first time reading the white paper i was amazed i believe it will really facilitate transactions and will serve as a frictionless and secure payment in this users will feel very comfortable it will give them the assurance knowing that success of the transaction is backed by the good system of UTRUST and its team

It would be nice seeing UTRUST as another option of payment in taobao, alibaba, walmart, amazon, ebay, lazada Smiley it has a potential to be better than paypal i guess this is the next level

Of course that would be really nice to see UTrust on these sites but you have to be realistic. UTrust has to prove it's functionality first before they would add it as an payment option.
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October 08, 2017, 01:45:08 PM
 #2989

Waiting forward upcoming ICO. I hope that everything will be ok and law regulations in China will not disturb developing this promising project!
Good luck guys!

afaik, the last news i heared is that china is going to licence the exchanges. so, everyone who went to japan with his investment & coins will come back and all stopped china icos can start over again Smiley

I tried reading it over and over and can't understand what you mean  Grin
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October 08, 2017, 01:55:04 PM
 #2990

With this project,selling and buying stuff will be easier.It's 21 century now.Nice one. I'm looking forward for the upcoming ICO.
yes UTRUST says they are going to be the contender of paypal im seeing they are better than that because crypto is much diverse and UTRUST is much flexible in terms of payment its convenient for the buyer and seller because they are protected from the fluctuations of the high volatility of crypto I would totally agree with you its 21 century now its time for the mass adoption for digital payments.

in addition UTRUST and its team is really great their vision is really clear that it would attract investors very well in my first time reading the white paper i was amazed i believe it will really facilitate transactions and will serve as a frictionless and secure payment in this users will feel very comfortable it will give them the assurance knowing that success of the transaction is backed by the good system of UTRUST and its team

It would be nice seeing UTRUST as another option of payment in taobao, alibaba, walmart, amazon, ebay, lazada Smiley it has a potential to be better than paypal i guess this is the next level

That's going to take some time. the project will have to grow exponentially in order for that to happen. but here we, the users will have a thing to say. we can promote and demand that these companies use Utrust.

loof99
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October 08, 2017, 02:15:53 PM
 #2991

With this project,selling and buying stuff will be easier.It's 21 century now.Nice one. I'm looking forward for the upcoming ICO.
yes UTRUST says they are going to be the contender of paypal im seeing they are better than that because crypto is much diverse and UTRUST is much flexible in terms of payment its convenient for the buyer and seller because they are protected from the fluctuations of the high volatility of crypto I would totally agree with you its 21 century now its time for the mass adoption for digital payments.

in addition UTRUST and its team is really great their vision is really clear that it would attract investors very well in my first time reading the white paper i was amazed i believe it will really facilitate transactions and will serve as a frictionless and secure payment in this users will feel very comfortable it will give them the assurance knowing that success of the transaction is backed by the good system of UTRUST and its team

It would be nice seeing UTRUST as another option of payment in taobao, alibaba, walmart, amazon, ebay, lazada Smiley it has a potential to be better than paypal i guess this is the next level

That's going to take some time. the project will have to grow exponentially in order for that to happen. but here we, the users will have a thing to say. we can promote and demand that these companies use Utrust.
yes i hope that so soonest, we all are excited to know that big news very soon..as far as those online markets need a very huge payment platform like Utrust
Makka
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October 08, 2017, 02:20:11 PM
 #2992

The world is quickly turning into an online world. Transactions are becoming digital, currencies are turning digital, and so we need something like this. It is perfect timing that UTRUST offers its services. Cryptocurrency is the currency of the future. UTRUST is bridging the future with the present.
alphashotgun
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October 08, 2017, 02:26:20 PM
 #2993

Why ICO was postponed to November 2? Still waiting for a month almost Huh

they partnered with the soma project, therefore had to reshedule everything and start the ico a little bit later. imo this is great news and will add more new investors into this project.

lets wait and stay patient on this ico Smiley
It's still some time until 2nd November so I think they maybe will be allowed to announce a 2nd partnership. Would be great!

I was wondering why is it need to reschedule again just to start the ico? So, this coming ICO November 2, 2017 is from Utrust right? which another opportunity again for the late investors for Utrust, is that right?

we discussed that a little earlier that day - i hope you find answers in that

Ok, so it's now announced that ICO starts on November 2nd at 2PM UTC. But why so much delay? Why the ICO could not start in october?
Due to ISU from china yesterday I think november is the right time to start ICO, because all will return to normal in november

That was also my first thought: why so late?
I think they are delaying it because of all that fud from china
And I think they are working on a demo that can be launched right before the ICO and that got some delays (I hope they are building a demo :p)




yes! i hope they build up a demo too. In my opinion delaying dates is not good for credibility at all. BUT a demo which proofes that the project is good would calm down everything and provides motivation to pump the project for maybe a few more big investors
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October 08, 2017, 02:32:05 PM
 #2994

Waiting forward upcoming ICO. I hope that everything will be ok and law regulations in China will not disturb developing this promising project!
Good luck guys!

afaik, the last news i heared is that china is going to licence the exchanges. so, everyone who went to japan with his investment & coins will come back and all stopped china icos can start over again Smiley

I tried reading it over and over and can't understand what you mean  Grin

Maybe he's saying that chinese whales and day traders are now in Japan to go on with their operations (and in Korea too). I heard the same thing about China's regulators, eventually they will re-open their exchanges but with some kind of regulation

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teamcryptonator
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October 08, 2017, 02:40:40 PM
 #2995

Waiting forward upcoming ICO. I hope that everything will be ok and law regulations in China will not disturb developing this promising project!
Good luck guys!

afaik, the last news i heared is that china is going to licence the exchanges. so, everyone who went to japan with his investment & coins will come back and all stopped china icos can start over again Smiley

I tried reading it over and over and can't understand what you mean  Grin

Maybe he's saying that chinese whales and day traders are now in Japan to go on with their operations (and in Korea too). I heard the same thing about China's regulators, eventually they will re-open their exchanges but with some kind of regulation
I also heard this rumor, it seems will re-open the cryptocurrency exchange in China on October 18th. I can not verify this rumor will be true or not, because I only know it from my brother.

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cantdecide
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October 08, 2017, 02:42:58 PM
 #2996

Waiting forward upcoming ICO. I hope that everything will be ok and law regulations in China will not disturb developing this promising project!
Good luck guys!

afaik, the last news i heared is that china is going to licence the exchanges. so, everyone who went to japan with his investment & coins will come back and all stopped china icos can start over again Smiley

I tried reading it over and over and can't understand what you mean  Grin

Maybe he's saying that chinese whales and day traders are now in Japan to go on with their operations (and in Korea too). I heard the same thing about China's regulators, eventually they will re-open their exchanges but with some kind of regulation
I also heard this rumor, it seems will re-open the cryptocurrency exchange in China on October 18th. I can not verify this rumor will be true or not, because I only know it from my brother.

As long as this will not be like they can reopen and 3 months later they have to close again lol And then the game starts again. But yes, I heared about the reopen with new regulations also.

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batako
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October 08, 2017, 02:46:53 PM
 #2997

Why ICO was postponed to November 2? Still waiting for a month almost Huh

they partnered with the soma project, therefore had to reshedule everything and start the ico a little bit later. imo this is great news and will add more new investors into this project.

lets wait and stay patient on this ico Smiley
It's still some time until 2nd November so I think they maybe will be allowed to announce a 2nd partnership. Would be great!

I was wondering why is it need to reschedule again just to start the ico? So, this coming ICO November 2, 2017 is from Utrust right? which another opportunity again for the late investors for Utrust, is that right?

New partnership with soma for sure requires some changes to the previous plans. That's why they need to reschedule the ICO date. This is for better results for both projects.
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October 08, 2017, 03:26:58 PM
 #2998

they are always trying to pass on a system that is imaginary. I hope they will succeed. I do not think there are any guys who are interested in crypto and say I will not pay with it. I trust to this project and I will join to its ico probably. I will divide the ethers to it and monetha.

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October 08, 2017, 03:35:27 PM
 #2999

Waiting forward upcoming ICO. I hope that everything will be ok and law regulations in China will not disturb developing this promising project!
Good luck guys!

Yeah right, I think everything would be fine as long as China will not interfere on this upcoming ico of utrust. Another great chance again for us to avail the coins, In fact I am really interested to to avail it to buy utrust token then hold in a long term.
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October 08, 2017, 03:48:14 PM
 #3000

It was mentioned earlier that ICO will be held this October but still no fixed date released. I just hope there will be enough time when final ICO date is decided because some people are gonna be busy. At least 2 weeks notice would be good.

ICO starts on November 2nd at 2PM UTC Smiley

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