UTRUST and Soma Announce Powerful Partnership to Upgrade Classifieds Business Model

    UTRUST is pleased to announce a partnership to onboard Soma as the first merchant to utilize UTRUST’s upcoming blockchain payments platform.

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    Soma, the Blockchain startup that facilitates trade in classifieds, and UTRUST, a payment processing solution that enables merchants to accept multiple cryptocurrencies from buyers as payment methods while receiving in fiat money, announced a partnership to upgrade the classifieds business model.

    “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. We will both benefit from 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.

    Soma and UTRUST 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 create a digital marketplace that will rival with the likes of eBay and Amazon.