Bitcoin Press Release: UTRUST is pleased to announce a partnership to onboard Soma as the first merchant to utilize UTRUST’s upcoming blockchain payments platform.
October 4th 2017 Helsinki, FI – Soma, the blockchain startup that facilitates trade in classifieds, and UTRUST, a payment processor solution that enables merchants to accept multiple cryptocurrencies from buyers as payment methods while receiving in fiat money, announced a partnership to upgrade the classifieds business model.
“Soma is proud to announce a partnership with UTRUST,” stated co-founder Joseph al Sharif, “UTRUST is a revolutionary payment platform that empowers buyers to pay with cryptocurrencies while providing a groundbreaking purchase protection mechanism. Soma and UTRUST will both benefit by this fruitful partnership and we are excited to begin this collaboration as a long-term union between two innovative concepts.”
This partnership will create an entirely new breed of C2C business models. In harmony with the decentralized model, consumers will trade their goods on Soma, not through middlemen, brokers and corporations, but through mass engagement and ingenious code.
Soma and UTRUST will abolish unfair and incorrect trading fees, thus providing a just proportion of profits among its community. This partnership will usher the era of decentralized social wealth and creating a digital marketplace that will rival with the likes of eBay and Amazon.
About SOMA:
Soma is an Ethereum blockchain-based social marketplace that leverages social capital through its rewarding system and utilizes blockchain technology to create a decentralized ecosystem that incentivizes its community members to perform value-adding services for the benefit of the community as a whole.
About UTRUST:
UTRUST is the world’s first cryptocurrency payments platform to implement consumer protections on a mass scale. The company is building a global PayPal–like payments platform with extensive cryptocurrency support.
UTRUST’s end goal is to provide all the benefits of fast, secure, convenient, and inexpensive cryptocurrency transactions, in tandem with the world’s first cryptocurrency payment protections, which consumers need to fully embrace blockchain technology en masse.
Visit the UTRUST website: https://UTRUST.io/
Follow UTRUST on Facebook: https://www.facebook.com/UTRUST.io/
Follow UTRUST on Twitter: http://twitter.com/UTRUST_Official
Visit the Soma website: https://soma.co
Follow Soma on Facebook: https://www.facebook.com/socialmarketapp/
Follow Soma on Twitter: http://twitter.com/SomaToken
SOMA Media Contact:
Name: Emie-Claude Lamoureux
Email: [email protected]
Location: Helsinki, Finland
UTRUST Media Contact:
Name: Nuno Correia, UTRUST CEO
Email: [email protected]
Phone: +41 22 518 70 77
Location: Zug, Switzerland
UTRUST is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.
About Bitcoin PR Buzz
Bitcoin PR Buzz has been proudly serving the PR and marketing needs of Bitcoin and digital currency tech start-ups for over 5 years. Get your own professional Bitcoin Press Release. Click here for more information about Bitcoin PR.
© 2021 Fintech PR LTD
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.