Utrust
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Information about Utrust (UTK)
The Utrust project was founded in 2017 and developed by Filipe Castro, Nuno Correia, Roberto Machado, and a team of leading developers and computer scientists. Utrust is an online payment solution designed to modernize the finance and payments industry while providing a refund option and protecting merchants from the price fluctuations of the cryptocurrency market.
The main goal of Utrust is to be a trusted payment platform by combining the power of blockchain technology with the best features of a traditional payment system. The solution that Utrust provides will help reduce costs to a minimum, allowing users to pay quickly and ensure that risks during the shopping transaction are handled.
Utrust token (UTK) is a utility token of the Utrust platform, operating on the Ethereum platform according to ERC20 standards and used for the following purposes:
- Used to shop and pay for services inside the Utrust platform
- Used to convert to fiat or other cryptocurrencies
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