Utrust

Utrust (UTK)

$0.1206 -2.05%

What is Utrust?

The platform allows users to buy items, digital or physical, with their favorite cryptocurrency or token while providing a consumer-protection system in which coins are held in escrow until the transaction is fully complete. The token provides multiple advantages, including a zero-fee system within the Utrust platform, which means that payments made with the UTK are free of charge. Utrust is a blockchain-based platform that combines elements from traditional payment systems with the advantages provided by cryptocurrencies. In case of a conflict, the resolution is handled by Utrust. The Utrust platform features its own Ethereum-based token, the UTK. The token also runs on a buy-back & burn program in which part of the revenue generated by Utrust is allocated to the purchase of tokens that are then publicly destroyed, creating a deflationary currency.

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