VeriBlock and its novel Proof-of-Proof (“PoP”) consensus protocol is the first and only technology in the world to allow any blockchain to inherit Bitcoin’s unprecedented thermodynamic Proof-of-Work security in an entirely Decentralized, Trustless, Transparent, and Permissionless (“DTTP”) manner. Since September of 2018, thousands of PoP miners in over 50 countries have successfully done more than 6,000,000 PoP transactions to Bitcoin, accounting for nearly half of all Bitcoin transactions at peak. Over the past four years, the VeriBlock project has attracted strategic investors, partners, and advisors including Bittrex CEO Bill Shihara, Bloq Co-Founder and Chairman Matthew Roszak, Bloq Co-Founder and Former Bitcoin Core Developer Jeff Garzik, Ethereum and Decentral Co-Founder Anthony Di Iorio, and Fenbushi Capital General Partner Bo Shen.
The Utrust platform allows merchants to accept digital currencies as a means of payment. It brings digital currencies to mainstream consumers, while providing a reliable buyer protection, and credibility like more traditional payment platforms. An easy to integrate API for merchants and a best-in-class UX for buyers. Utrust stands at the intersection of three high-growth markets - e-commerce, mobile payments and cryptocurrency, tackling a combined multi-trillion dollar market with billions of users and rapid growth. Money reimagined for the digital age We believe digital currency is the future of money and the genesis of a more open financial system. Its transformative power will open financial services to all citizens in a connected world. Utrust long-term vision is to become the leading platform for digital consumer currency payments, delivering a trusted blockchain payment solution to the world’s most successful companies. A mainstream means-of-payment The Utrust platform supports multiple digital currencies, including our own native token - UTK. Users can purchase goods and services, with a zero-fee exchange rate. It is also used on refunds and as part of our affiliate referral program.