WeTrust is a collaborative saving and insurance platform. It is autonomous, frictionless, and decentralized. WeTrust utilizes the Ethereum blockchain to create a full-stack financial system that leverages existing social capital and trust networks, eliminating the need of a “trusted third party”, which allows for lower fees, improved incentive structures, decentralized risks, and a greater amount of capital to reside among the participants. WeTrust’s first product is a Rotating and Saving Credit Association platform, inspired by the ~1 billion people around the world who are using mostly informal organizations to lend/ borrow, and support each other financially within their communities. ROSCAs will bootstrap the community, and WeTrust plans to build future products that include sovereign credit identities, trusted lending, mutual insurance, and more.
As an architecture combining block chain and internet of things (IoT), Ruff Chain includes a public chain for development as well as a distributed operating system. It extends the point-to-point network and consensus mechanism from the virtual to real world, and promotes the motion of atomic flow by information flow. RUFF Tokens, validated by virtual currency contracts, are placed in the Ruff Chain; they are the standards for incentivizing, consuming, and trading in the Ruff Chain community.