UTRUST Blockchains to Provide $3.7 Trillion Economic Boost

With 2.5 billion unbanked people in emerging markets who can benefit from financial inclusion, blockchain technology has the potential to create nearly 95 million new jobs across all sectors in unbanked nations.

Based on a McKinsey report, UTRUST, the world’s first cryptocurrency payments platform with consumer protections, predicts this inclusion in the digital economy could boost GDP of all emerging economies by $3.7 trillion by 2025.

The company aims to develop the world’s first ready-to-use cryptocurrency payments platform aimed in part at the world’s unbanked population.

UTRUST, having already raised $3.5 million from private investors and a sold-out pre-ICO, and an upcoming public ICO, plans to support a global payments platform that provides merchants and consumers in both developed and emerging markets a secure and transparent platform for commercial transactions.

More information about UTRUST can be found on the official UTRUST website at utrust.io and in the official UTRUST whitepaper.
Potential Gains Exciting

“The potential gains are particularly exciting in emerging markets where mobile phone penetration could recreate the role physical banking infrastructure plays in developed markets,” said Nuno Correia. UTRUST CEO. “UTRUST sees the potential of cryptocurrencies and digital technology to transform financial services provision in both developed and developing markets.”

UTRUST tokens can be used for making zero fee payments to the thousands of merchants accepting any cryptocurrency via UTRUST, and be traded against other currencies on supported exchange platforms.