Published
5 years ago on
October 10, 2018
“Signed strategic partnerships in Europe to establish a "beachhead" for further expansion. One such partnership is Gambio.de, a German e-commerce solution provider with more than 25,000 online stores. According to UTRUST´s estimates, Gambio-powered stores generate about 30 percent of e-commerce revenue in Germany and therefore are in a powerful starting position for UTRUST to expand across the continent.”UTRUST has spoken out saying that this partnership means that from the first day of operating, thousands of merchants will able to accept digital currencies in a much more simplified way and still be able to receive fiat currencies in their bank accounts. In addition to this, UTRUST clients will be able to access a proprietary digital wallet which will allow zero fee transactions. UTRUST’s co-founder and Chief Information Officer, Filipe Castro said:
“In three years, you will be able to pay online [with cryptocurrencies] at major vendors. This will come offline in another five years. I am a strong believer that in the future, in ten years, you will have state-issued cryptocurrencies from major economies.”What are your thoughts? Let us know what you think down in the comments below!References:CoinTelegraph Investment Disclaimer
