UTRUST - page 488. | Bitcointalksearch.org

pynetx

sr. member

Activity: 798

Merit: 262

Quote from: Geir on October 05, 2017, 03:43:28 AM

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

lw75

newbie

Activity: 25

Merit: 0

Quote from: Elkmar on October 05, 2017, 03:41:32 AM

Quote from: lw75 on October 05, 2017, 03:29:53 AM

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

Geir

full member

Activity: 546

Merit: 100

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.

Elkmar

full member

Activity: 294

Merit: 100

Quote from: lw75 on October 05, 2017, 03:29:53 AM

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.

imtiazmahmood

sr. member

Activity: 476

Merit: 250

Quote from: windreamteam on October 05, 2017, 02:41:36 AM

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.

lw75

newbie

Activity: 25

Merit: 0

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?

batako

sr. member

Activity: 1022

Merit: 252

Quote from: the_donald on October 05, 2017, 12:23:05 AM

Quote from: PagSure on October 05, 2017, 12:08:33 AM

Quote from: CryptoTech_ on October 04, 2017, 11:59:23 PM

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!

niklasmato

sr. member

Activity: 616

Merit: 263

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.

windreamteam

full member

Activity: 182

Merit: 100

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.

pynetx

sr. member

Activity: 798

Merit: 262

Quote from: wonderfullife on October 05, 2017, 01:12:07 AM

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.

benalexis12

full member

Activity: 896

Merit: 117

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Quote from: wonderfullife on October 05, 2017, 01:12:07 AM

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

levyashin

sr. member

Activity: 980

Merit: 276

$CYBERCASH METAVERSE

Quote from: the_donald on October 05, 2017, 12:23:05 AM

Quote from: PagSure on October 05, 2017, 12:08:33 AM

Quote from: CryptoTech_ on October 04, 2017, 11:59:23 PM

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.

wonderfullife

full member

Activity: 168

Merit: 100

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 ^^

benalexis12

full member

Activity: 896

Merit: 117

PredX - AI-Powered Prediction Market

Quote from: lvsca on October 05, 2017, 12:04:34 AM

Quote from: Pajulapoiss on October 04, 2017, 11:14:13 PM

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.

the_donald

full member

Activity: 588

Merit: 100

Quote from: PagSure on October 05, 2017, 12:08:33 AM

Quote from: CryptoTech_ on October 04, 2017, 11:59:23 PM

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.

PagSure

member

Activity: 81

Merit: 10

Quote from: CryptoTech_ on October 04, 2017, 11:59:23 PM

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.

lvsca

sr. member

Activity: 1792

Merit: 293

👉bit.ly/3QXp3oh | 🔥 Ultimate Launc

Quote from: Pajulapoiss on October 04, 2017, 11:14:13 PM

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.

CryptoTech_

full member

Activity: 994

Merit: 106

Official Street Team member

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

evilgreed

sr. member

Activity: 728

Merit: 266

Quote from: Makka on October 04, 2017, 11:04:03 PM

Quote from: Chikitita2004 on October 04, 2017, 04:16:05 PM

Quote from: Sozialtourist on October 04, 2017, 04:01:45 PM

Quote from: ?? on ??

When will the Token sale end? How much is the price for one Token?

Could you at least do a little bit of research on your own and don't rely on others providing you the information?

ICO hasn't even started and you already wanna know when it will end .... Start date will be announced on the first week of October and the price of one token is 0.065 USD, To gather these information it took about 10 seconds, checking their official website: https://utrust.io/ico

hot headed buddy. You seemed to be impatient but you still provided infos and almost answered his question though. Well, this event is keeping us to be excited.

Inquiries are always encouraged from potential investors and visitors of this thread. It won't take a minute to politely respond to these. For me, I would be too willing to inform them of whatever details I know in line of UTRUST project. Who knows, this guy asking about the schedule is willing to set aside some 10 ETH for the ICO of UTRUST? Wink

There is no need to be mad my friend, maybe he was just passing by and got no time to read, well as far as i know, they will just post it here about the current updates and when will be the opening of the crowdsale or ICO. Lets us just wait further they will put it here, and if you have further inquiries you can freely ask them about your confusion.

Voltaje

sr. member

Activity: 350

Merit: 250

Quote from: Mystic90 on October 04, 2017, 11:35:02 PM

Congratulations on the collaboration with the SOMA project. It's always good if two projects can benefit from each other and help each other grow. I assume you
have figured this out and found the right match in each other !

I think actually it was the other way around, SOMA wanted to include a blockchain online wallet to make it easier to investors to go into cryptos and for crypto holders to move cash, so utrust was the obvious choice among others or the one that offered them the best deal, Soma may have consulted with other projects as well like monetha, but ended up with utrust; or who knows, perhaps they will include monetha as well, in any case, this is a good move for both projects and will help a lot Cheesy

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Topic: UTRUST - page 488. (Read 314264 times)