Sponsored press release
UTRUST and Soma Announce Powerful Partnership to Upgrade Classifieds Business Model
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, “U-TRUST is a revolutionary payment platform that empowers buyers to pay with cryptocurrencies while providing a groundbreaking purchase protection mechanism. Soma and U-TRUST 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 U-TRUST 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.
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.
U-TRUST 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 U-TRUST 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
Location: Helsinki, Finland
U-TRUST Media Contact:
Name: Nuno Correia, UTRUST CEO
Phone: +41 22 518 70 77
Location: Zug, Switzerland