What a start to 2021! We’ve made some major progress on the UTU Trust API, partnered with Harmony Protocol, and held an AMA with Bigcoin Vietnam in January 2021.
UTU Trust Guardians,
Welcome to the January 2021 edition of the UTU Update! We are so glad that 2021 is here and we kicked off the new year on the right foot.
Check out everything we’ve done this past month.
And scroll down to the end of this article for the UTU Update in video form.
Tech and Product Updates
We’ve made great progress on our Trust API (application programming interface) and web SDK (software development kit). We’re about to start integrating with a few pilot clients and are only about a month away from the general public release.
Some nitty-gritty details for the techies — the SDK offers custom web components, or X-tags, to minimize required code changes on the client side. Internally, it uses Preact for efficient rendering while keeping the library small, even with polyfills for older browsers.
On the backend, we’re finalizing work on the general feedback model so that users will be able to give badges to services they like — or don’t like — and record video feedback. All of these elements will be easily integrated by businesses into their apps via the SDK.
Partnership with Harmony Protocol
We’ve partnered with Harmony Protocol to integrate our trust infrastructure into their blockchain!
DeFi lending apps built on Harmony can use our trust and credit scoring oracles to better assess users’ creditworthiness, and marketplace applications can use our review and recommendations engine to increase conversions.
Clearly you all were happy about this one, with over 50 comments/RTs and 135 likes!
🚨 We’ve partnered with @harmonyprotocol to launch our trust infra on their blockchain! 🚨
-Our credit scoring oracles can be integrated into DeFi lending apps built on Harmony.
-We will collaborate on future cross-border finance projects.
— UTU (@UTU_trust) January 25, 2021
AMA with Bigcoin Vietnam
We held an AMA with Bigcoin Vietnam on Jan 25 to spread awareness of UTU in the Vietnamese market.
Our CEO Jason and CTO Bastian answered a bunch of questions from the Bigcoin Vietnam community and we gave away $100 in UTU to the best questions!
Check out the AMA transcript here.
UTU liquidity mining program update — on pause
We have decided to put the UTU liquidity mining program on pause while we consider our liquidity options.
We thank our community members who have provided liquidity for participating!
Stay tuned for more information about how you can earn more UTU in other ways.