Utemis is the first e-commerce platform, which decentralizes businesses reputation. They plan to do this using blockchain technology and aim to unite the entire Latin America into a single economic space. And the interesting thing to note here ? Utemis states that you will get your money back in case anything happens.
Latin America's Decentralized B2B Blockchain does have major potential. Instability in South America over the years has seen most people having their accounts frozen and are allowed to make small withdrawals in their respective local currency which also is devalued. Add to this unspecified government financial impositions that make it hard for citizens to thrive.
The boom of blockchain and cryptocurrencies has a good potential here, for example, in Venezuela, people are buying Bitcoin for trading. Due to the major political upheavals in the area, there is more and more need for its citizens to protect themselves.
FEATURES OF UTEMIS
COMPETE
Using Utemis all of Latin American will provide equal opportunities for any business. The main objective here is to grow. This is the power of decentralizing economies.
DECENTRALIZED REPUTATION
Utemis works by decentralizing businesses’ reputation on the Ethereum Blockchain. With smart contracts that automatically compute the users behavior on every transaction, accelerating trade for millions of small and mid-sized companies in Latin America.
ESCROW ACCOUNT
Protecting the buyer is of paramount importance, and this is achieved by using an escrow account that protects the buyer. Utemis promises that escrow account works to protect users money and if something happens you get 100% of your money back.
SPEED
Utemis has identified that banking transactions in Latin America are an expensive affair whic sometimes take several days, and are very bureaucratic. With Utemis businesses pay instantly, users can save up to 99% on transaction fees, no banks involved and you are making your money work for you.
TOKEN AND ICO DETAILS
Token : UTS
Price 1 ETH = 1,500,000 UTS
Bonus : Available
Platform : Ethereum
Accepting : ETH
Minimum investment : 0.05 ETH
Soft cap : 5,000 ETH
Hard cap: None
Country : Andorra
Whitelist/KYC : None
Pre-ICO Period
Start Date: February 15th, 2018
End Date: March 1st, 2018
Bonus : 50%
Additional Bonus for participating:
10.00 ETH: additional 25%
50.00 ETH: additional 50%
First ICO
Start Date : March 1st, 2018
End Date : April 1st, 2018
Bonus : 30%
Additional Bonus for participating:
10.00 ETH: additional 15%
50.00 ETH: additional 30%
Second ICO
Start Date : April 1st, 2018
End Date : April 30th, 2018
Bonus: 10%
Additional Bonus for participating:
10.00 ETH: additional 5%
50.00 ETH: additional 10%
CONCLUSION
UTEMIS aims to provide a service that will help all of Latin American citizens to achieve financial independence. They will use the latest technology to give everyone a fresh start. A new opportunity to do things right. UTEMIS wants to provide everyone the opportunity to write their own future on the Blockchain. No matter the background of the individual, one can strive for financial growth by doing business without corruption, save costs, eliminate fraud and avoid bureaucracy and red tape when buying & selling goods in Latin America (also in the U.S. and Canada). With a guarantee of money being protected.
To know more visit:
Website : https://www.utemis.com/
Whitepaper : https://www.utemis.com/White_Paper_Utemis.pdf
Published By:karanj
Btalk profile: https://bitcointalk.org/index.php?action=profile;u=1030341