UTRUST Blockchain Payment Processor Announces First Merchant Partner Soma
Bitcoin Press Release: UTRUST is pleased to announce a partnership to onboard Soma as the first merchant to utilize our upcoming blockchain payments platform.
October 4th 2017 Helsinki, FI – Soma, the blockchain startup that facilitates trade in classifieds has a new payment processor solution going forward. Now, the project will have the ability to let its customers pay in crypto
This is a press release provided by Bitcoin PR Buzz.
“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.
The duo 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.
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.
The project’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. We believe the best way to mass adoption is to create a platform that is robust, cutting-edge, and simultaneously familiar to both mainstream users and crypto veterans alike.
The future starts now, and we’re ready to help our customers dive in to this brave new world.
SOMA Media Contact:
Name: Emie-Claude Lamoureux
Email: [email protected]
Location: Helsinki, Finland
Our Media Contact:
Name: Nuno Correia, CEO
Email: [email protected]
Phone: +41 22 518 70 77
Location: Zug, Switzerland
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