Market cap $172.08 M Full cap $191.20 M Volume 24H $8.47 M ATH $1.18
Utrust is a blockchain-based platform that combines elements from traditional payment systems with the advantages provided by cryptocurrencies. 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. In case of a conflict, the resolution is handled by Utrust. The Utrust platform features its own Ethereum-based token, the UTK. 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. 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.
According to the Xiaomi announcement, customers in Portugal can purchase products using any of five supported crypto assets, including BTC, ETH, and USDT.
The cooperation of Booking.com and Travala.com will help in the promotion of blockchain and crypto services among travel enthusiasts in 230 countries and 90,000 global destinations.
Litecoin Foundation and American football team the Miami Dolphins teamed up to usher in cryptocurrency payments. The partnership will start during NFL season, where the Dolphins will accept Litecoin (LTC) as their “official cryptocurrency.”
