kaspersky15
Jr. Member
 Offline
Activity: 44
Merit: 6
|
 |
October 23, 2017, 06:35:56 AM |
|
Nevertheless, UTRUST’s is main strength its our protection . UTRUST is centralized escrow system is employed to ensure that our funds are kept safe until the buyer receives his item or service. Once the our transaction is completed,our funds will be sent. In case of a dispute, the Utrsut dispute resolution employee will take action. that's why UTRUST is lees effort to make transaction to one another it more comportable to the buyer and the consumer. thanks for the UTRUST.
|
|
|
|
|
|
bitjet
|
|
October 23, 2017, 06:40:08 AM |
|
anyone know utrust have plan to against money laundering like paypal?
|
|
|
|
|
|
quarkyplum
|
|
October 23, 2017, 06:44:34 AM |
|
I like the project and the concept of this UTRUST! This future online payment made easier for me!!! I want to know more about Utrust.  check out their whitepaper. This is nice project and team is active Thanks! I downloaded and checked out their whitepaper and I'm empowered by their vision. I will definitely use Utrust and invest on it. They got what's missing in the online payment market especially their customer payment protection. This will protect my physical and visual purchases! thumbs up for that!! I also think that payment protection is the most important part of their whole project. Many people appreciate having one. users protection is very important and i belive in UTRUST and its developer that somehow they can provide us the security we need in cryptocurrency. How do you escrow goods which cannot be validated?
That Ethereum address containing UTRUST tokens was a good example.
The seller and buyer cannot trust the escrow with both the private key and the public address. The escrow cannot check whether the private key unlocks the public address.
Do not complicate things Try to read the whitepaper and you will be enlightened. "Enlighten me then"  But seriously read white paper and you will know everything that you should know Alice sells the private key of her Ethereum wallet to Bob. Bob pays through UTRUST. Alice is notified that the money is in escrow and sends the private key to Bob. Bob claims the key does not work. Alice opens a dispute. Tell me how the UTRUST Mediator resolves this transaction. I think this situation is impossible. No one buys private key of Ethereum wallet from others. Because the key cannot be changed. How can they use this wallet if the old owner still has private key? He just wants to keep safe his funds, that is the reason he wants the buyer can send Etherereum to Escrow and Escrow will help him exchange that amount to 5000 dollars. Then, when Utrust toen can transfer, he will send Utrust token to the wallet of buyer and he can receive 5000 dollars from Escrow, do you understand? |
|
|
|
|
|
Mystic90
|
|
October 23, 2017, 06:51:50 AM |
|
Yes, actually %90 of the questions in here is already answered in the whitepaper but you can't cure laziness  About the ico date, I don't think there will be another postponing. If you have a community willing to help people always ask questions. People ask me all the time IRL for things they can google in 1 second |
|
|
|
|
|
Elkmar
|
|
October 23, 2017, 07:08:15 AM |
|
Yes, actually %90 of the questions in here is already answered in the whitepaper but you can't cure laziness About the ico date, I don't think there will be another postponing. If you have a community willing to help people always ask questions. People ask me all the time IRL for things they can google in 1 second Well honestly there is so many ICOs right now that you can't get through every paper and absorb every information. |
|
|
|
|
|
FIEX
|
|
October 23, 2017, 07:10:30 AM |
|
Yes, actually %90 of the questions in here is already answered in the whitepaper but you can't cure laziness About the ico date, I don't think there will be another postponing. If you have a community willing to help people always ask questions. People ask me all the time IRL for things they can google in 1 second People are lazy, I also ask for things can I can search for meself. UTRUST has a great community so we welcome all newcomers to this project by answering all questions Its difficult for newcomers to browse through all these pages. |
|
|
|
|
|
bitcoin-shark
|
|
October 23, 2017, 07:37:54 AM |
|
We all hope UTRUST will do well and make us investors happy.
During the next year we will be able to see the progress and soon maybe some words about future partnership
you are right we all hope utrust project do well in the future,and make announcements of some important partnerships,i also hope they release soon the full list of currencies utrust will use... |
|
|
|
|
Yasemin
Full Member
Offline
Activity: 224
Merit: 100
Become Part of the Mining Family
|
|
October 23, 2017, 07:56:12 AM |
|
anyone know utrust have plan to against money laundering like paypal?
What kind of plan does Paypal have against money laundering? I highly doubt it.. People will always find a way to do criminal activities, how is this the responsibility of Utrust? |
|
|
|
|
Mystic90
|
|
October 23, 2017, 07:59:57 AM |
|
I noticed that uTurst TOKEN SUPPLY
1,000,000,000 (1 Billion)
TOKEN PRICE
0.065 USD (6.5 cents)
So basicly they are validating their own project o n 1.000.000.000 x 0.065= 65 Million.
Should they not say like We sell 500.000.000 tokens at ICO, it will be split among the investors, basicly letting the market decide how much each token is worth?
|
|
|
|
|
kevin52
Newbie
Offline
Activity: 7
Merit: 0
|
|
October 23, 2017, 08:17:05 AM |
|
Hello there, this is an interesting project. I hope you can do what you said and turn Paypal over  Btw, I wonder does Utrust use escrow service? If any, which it is? Thanks |
|
|
|
|
|
Piggy
|
|
October 23, 2017, 08:58:26 AM |
|
anyone know utrust have plan to against money laundering like paypal?
They are complying withe current laws on it, so i guess is the same plan followed by most of the bank or trusted institutions in the world |
|
|
|
|
|
magisterr
|
|
October 23, 2017, 09:01:56 AM |
|
I noticed that uTurst TOKEN SUPPLY
1,000,000,000 (1 Billion)
TOKEN PRICE
0.065 USD (6.5 cents)
So basicly they are validating their own project o n 1.000.000.000 x 0.065= 65 Million.
Should they not say like We sell 500.000.000 tokens at ICO, it will be split among the investors, basicly letting the market decide how much each token is worth?
No. They sold 150 mln tokens on pre-sale. 700 mlm tokens for sale. And rest (150 mln) for team, development, marketing etc. |
|
|
|
|
|
SEELE^^01
|
|
October 23, 2017, 09:03:45 AM |
|
anyone know utrust have plan to against money laundering like paypal?
maybe they will use KYC against money laundering? this could be one of the possible scenarios. |
|
|
|
|
|
alphashotgun
|
|
October 23, 2017, 09:05:53 AM |
|
anyone know utrust have plan to against money laundering like paypal?
maybe they will use KYC against money laundering? this could be one of the possible scenarios. what is the kyc? |
|
|
|
|
|
niklasmato
|
|
October 23, 2017, 09:11:23 AM |
|
anyone know utrust have plan to against money laundering like paypal?
maybe they will use KYC against money laundering? this could be one of the possible scenarios. what is the kyc? KYC = know your customer. It's obligated in a lot of countries to know who are your customers. |
|
|
|
|
Yasemin
Full Member
Offline
Activity: 224
Merit: 100
Become Part of the Mining Family
|
|
October 23, 2017, 09:29:03 AM |
|
Thanx for this, didnt know about KYC. Did a little research and came upon this article https://www.trulioo.com/blog/bitcoin-regulation/ from june 2017 ITs about Bitcoin Regulation: Cryptocurrencies, AML/KYC and Compliance |
|
|
|
|
sockpuppet1911
|
|
October 23, 2017, 09:43:40 AM |
|
anyone know utrust have plan to against money laundering like paypal?
Well if they are following government regulations with that fiat money they also have to follow every law of that country that they are based. |
|
|
|
|
|
gliridian
|
|
October 23, 2017, 09:58:06 AM |
|
We all hope UTRUST will do well and make us investors happy.
During the next year we will be able to see the progress and soon maybe some words about future partnership
This project is one of a kind. So I really think that the price will rise up exponentially in the coming months after the ICO. So yeah, the investors will really be happy when that happened. |
|
|
|
|
|
viljy
|
|
October 23, 2017, 10:18:20 AM |
|
anyone know utrust have plan to against money laundering like paypal?
What for? Then they do not need to accept payments in the crypto currency. |
|
|
|
|
|
Piggy
|
|
October 23, 2017, 10:19:42 AM |
|
UTRUST will be compliant to both KYC and ALM, so there are no worries about it working in grey market areas.
|
|
|
|
|
|
