UTRUST

[Rigorous]

Hi,
What is the difference between Utrust and tenx – and other projects allowing you to use your cryptos to pay.
Tenx have had quite a bad run lately.

jh

The difference of utrust project to tenx is it protection capability, whuchnis very important to tge buyers because in utrust your account will be safe while you are in the process of transactions.

Don’t compare tenx and utrust it’s a different product. It’s like comparing basketball to soccer. They targetting different audience and impact to the community.

Yeah exactly. In my head I thought of UTRUST and TenX as different things. I thought of UTRUST to a Paypal alternative and TenX more to a credit card.

Do not underestimate the cryptocards though, they may be easier to retrofit into existing webshops than a UTRUST widget. And if you can link a cryptocard to Paypal the lines become blurred.

[sockpuppet1911]

I just got some sleep and woke up to several new pages of new text in this thread, how in the earth i can keep up with this thread?

This is because UTRUST, unlike many other projects, is really interesting to a lot of people. Here offer a simple and understandable function: to pay crypto currency anywhere and to anyone. That is, I do not need to convert crypto currency into fiat money, and then pay to the seller. For me it will make UTRUST for a microscopic fee.

never complain about the popularity of projects you're interested in

Point taken, i won't. Just surprised that this is gotten so big in a short time.

[haxllega]

Hi,
What is the difference between Utrust and tenx – and other projects allowing you to use your cryptos to pay.
Tenx have had quite a bad run lately.

jh

The difference of utrust project to tenx is it protection capability, whuchnis very important to tge buyers because in utrust your account will be safe while you are in the process of transactions.

Don’t compare tenx and utrust it’s a different product. It’s like comparing basketball to soccer. They targetting different audience and impact to the community.

Yeah exactly. In my head I thought of UTRUST and TenX as different things. I thought of UTRUST to a Paypal alternative and TenX more to a credit card.

Do not underestimate the cryptocards though, they may be easier to retrofit into existing webshops than a UTRUST widget. And if you can link a cryptocard to Paypal the lines become blurred.

I am very curious what will be more successful but I think UTRUST will take the leadership in online payment.

[levyashin]

Hi,
What is the difference between Utrust and tenx – and other projects allowing you to use your cryptos to pay.
Tenx have had quite a bad run lately.

jh

The difference of utrust project to tenx is it protection capability, whuchnis very important to tge buyers because in utrust your account will be safe while you are in the process of transactions.

Don’t compare tenx and utrust it’s a different product. It’s like comparing basketball to soccer. They targetting different audience and impact to the community.

Yeah exactly. In my head I thought of UTRUST and TenX as different things. I thought of UTRUST to a Paypal alternative and TenX more to a credit card.

Do not underestimate the cryptocards though, they may be easier to retrofit into existing webshops than a UTRUST widget. And if you can link a cryptocard to Paypal the lines become blurred.

I am very curious what will be more successful but I think UTRUST will take the leadership in online payment.

I think you are wrong about competitors.

Tenx is a competitor with centra, monaco etc.

Utrust competitor as far as now monetha.

Saying tenx is a competitor to utrust equal to saying paypal is a competitor with visa.

[Agapelove]

Hi,
What is the difference between Utrust and tenx – and other projects allowing you to use your cryptos to pay.
Tenx have had quite a bad run lately.

jh

The difference of utrust project to tenx is it protection capability, whuchnis very important to tge buyers because in utrust your account will be safe while you are in the process of transactions.

Don’t compare tenx and utrust it’s a different product. It’s like comparing basketball to soccer. They targetting different audience and impact to the community.

Yeah exactly. In my head I thought of UTRUST and TenX as different things. I thought of UTRUST to a Paypal alternative and TenX more to a credit card.

Do not underestimate the cryptocards though, they may be easier to retrofit into existing webshops than a UTRUST widget. And if you can link a cryptocard to Paypal the lines become blurred.

I am very curious what will be more successful but I think UTRUST will take the leadership in online payment.

The main objective of UTrust is to give the protection of their customers in the crypto currency, which I read in the update news on twitter media.  Utrust could possibly the protector for crypto holders and timely we consumer or client are safe and secured.

[Xenrise]

Everyday I go in this Announcement thread, there were 10 pages or more addeds. This project is overhype LOL.

[MuffinMaster]

Everyday I go in this Announcement thread, there were 10 pages or more addeds. This project is overhype LOL.

That means only one thing - invest now or cry when the train leaves without you ..
In my opinion this project have huge potential, and i'm sure that i'm here not alone with this opinion..

[Mustard!!!]

If UTRUST have a performance-based rating for sellers, Does this also may apply to buyers for the protection of sellers. To avoid bogus buyers.

I bet how else u can chose true buyer and not a scammer ? ;/ still it adds new problems .. never thinked about this small detail until now, so it would be nice if someone more knowledgeable about utrust buy-sell mechanics can enlighten us

I dint find about this any info in whitepaper. But you are right. Rating system would be nice. May be dev will make this?  

Supposed all programs worked perfectly and nothing bad happens, how can we check the authenticity of the transactions? is there any way to prevent hackers or third party apps on breaking into secured firewall of UTRUST? just curious heh

[Risktaker31]

ico was end?

nah! ICO will start next month with 7 days or more for the crowd sale!

Yeah Ico will be announced next month maybe 1st or 2ndweek of november. So we better be ready to invest on the crowdsale cause this project will gonna go big ! imo.

[Jay2408]

ico was end?

nah! ICO will start next month with 7 days or more for the crowd sale!

Yeah Ico will be announced next month maybe 1st or 2ndweek of november. So we better be ready to invest on the crowdsale cause this project will gonna go big ! imo.

Seems you missed s.th.  . ICO date has already been announced, ICO starts 2nd November. Apparently, they haven't updated the ANN yet but you can find the date on their website.

[Rigorous]

I think you are wrong about competitors.

Tenx is a competitor with centra, monaco etc.

Utrust competitor as far as now monetha.

Saying tenx is a competitor to utrust equal to saying paypal is a competitor with visa.

VISA launched a PayPal competitor, Visa Checkout. And there are still more like Stripe, Google Wallet, Apple Pay. Authorize.net which allows you to pay online with major debit and credit cards, Android Pay, Apple Pay, eCheck, and Visa Checkout. The lines between offline and online payments are already blurred.

[cantdecide]

I think you are wrong about competitors.

Tenx is a competitor with centra, monaco etc.

Utrust competitor as far as now monetha.

Saying tenx is a competitor to utrust equal to saying paypal is a competitor with visa.

VISA launched a PayPal competitor, Visa Checkout. And there are still more like Stripe, Google Wallet, Apple Pay. Authorize.net which allows you to pay online with major debit and credit cards, Android Pay, Apple Pay, eCheck, and Visa Checkout. The lines between offline and online payments are already blurred.

Haven't even known that there are already so many different payment systems ... Well, as long as there are just two or three crypto based projects so far, everything should be fine.

[ParRus]

ico was end?

nah! ICO will start next month with 7 days or more for the crowd sale!

Yeah Ico will be announced next month maybe 1st or 2ndweek of november. So we better be ready to invest on the crowdsale cause this project will gonna go big ! imo.

Seems you missed s.th.  . ICO date has already been announced, ICO starts 2nd November. Apparently, they haven't updated the ANN yet but you can find the date on their website.

I think this will be a very good time, after the 19th of October the situation with China will clear up - possibly remove the restriction of the prohibition of ICO, bitcoin price may increase, and I hope exchanges will be stable. for UTRUST this of course will be a plus

[DGulari]

Everyday I go in this Announcement thread, there were 10 pages or more addeds. This project is overhype LOL.

What's wrong with that? Even if this thread has added more than 10 pages it doesn't give any effect with you.

[Risktaker31]

Everyday I go in this Announcement thread, there were 10 pages or more addeds. This project is overhype LOL.

What's wrong with that? Even if this thread has added more than 10 pages it doesn't give any effect with you.

Yeah all of the pages that been added doesnt affect the ico or the project . It just means that the Utrust community is active and they support the project

[yeswepump]

If somebody has build a comparison between Utrust and Monetha, I would appreciate in having some reference to it.

[Makka]

Everyday I go in this Announcement thread, there were 10 pages or more addeds. This project is overhype LOL.

What's wrong with that? Even if this thread has added more than 10 pages it doesn't give any effect with you.

Yeah all of the pages that been added doesnt affect the ico or the project . It just means that the Utrust community is active and they support the project

What I really hope is that all these quick responses of the supporters here will translate into UTRUST ICO investment. Otherwise, this is really equal to nothing but a mere hype. I hope we will all contribute a little Ethereum to this project come ICO time. After all, the return will most probably be high,

[Emdppablo]

I just got some sleep and woke up to several new pages of new text in this thread, how in the earth i can keep up with this thread?

haha you just have too keep in touch

Yes, the projet attracts more and more user.

This is very obvious, many people likes the idea and vision of the project, many will adopt UTRUST me as a trader I’m longing for thus platform. Having this will make my fees small. Also the reason why there’s so many people on forum because this project has many supporter that will invest on it. This will become a jump pack project many people will back on this.

[Jay2408]

If somebody has build a comparison between Utrust and Monetha, I would appreciate in having some reference to it.

Yes, a member has indeed thankfully taken the trouble and compared both already a month ago.

So many people asking so here you go. My personal review of Monetha vs UTRUST:

The Monetha Team:
- Small and not even a single software engineer
The UTRUST Team:
- Large and with a highly technical background

Monetha Whitepaper:
- Confusing and hard to understand if this is something really needed
UTRUST Whitepaper:
- Very clear to understand the model just by glancing at the paper summary

Monetha fees for seller:
- 1.5%
UTRUST fees for seller:
- 1%

Monetha Concept:
- Simplistic view and solves no intrinsic problem.
UTRUST Concept:
- Solves a major problem in crypto payments - Buyer protection for cryptocurrency. This is something that is needed for the mass adoption and doesn’t exist. Can be easily used by merchants and private sellers alike.

Monetha accepts:
- Just ETH.
UTRUST accepts:
- All major cryptocurrencies.

Monetha adoption by merchants:
- Limited to merchants that wish to accept ETH and no other cryptocurrencies. Amazon, Ebay, Ali, and many more already have feedback scores, therefore Monethas model will not gain tracking and be adopted by any major merchants. Since it solves no problem, very low appeal to buyers.
UTRUST adoption by merchants:
- Buyers can pay with multiple cryptocurrencies and have a safety net when making their payments, with sellers having a higher selling rate. Will gain organic traction, bringing more clients by referral as they feel more satisfied and protected.

-Monetha adoption by buyers:
- Buyers can only pay with ETH. Feedback score system already exists and solves no problem in practice. Feedback rate is unreliable and subject to false reports and paid bias, as many others.
UTRUST adoption by buyers:
- Buyers can pay with multiple cryptocurrencies. Buyers feel safer making payments with cryptocurrencies knowing that if something goes wrong they can appeal, escalate and be refunded.

If you pay with Monetha and an vendor scams you, the only thing you will be able to do is put a negative review and your money is gone. With UTRUST you will get your money back.

[alphashotgun]

so since the ice getting earlier - is there anythining like a demo coming? getting tired of asking

i think you will have to wait till the next year at least, looking at the road map big things are coming the next year. At a certain point there should be some alpha or beta to try

well thats sobering. but yeah lets see what the future brings. as long there is a + im fine