We listed on PancakeSwap, partnered with Meter, Pngme, and CryptoCart, brought on a new board member, and more in May 2021!
UTU Trust Guardians,
Welcome to the May 2021 edition of the UTU Update!
Let’s jump right into all the happenings over the last month!
You can view the UTU Update in video form here:
Tech and Product Updates
We’re just about to release a new SDK for the Core Trust API, which includes design updates and the video review feature.
We’ve also deployed new versions of our services on the Creditworthiness API and improved the product documentation a lot. This should make onboarding fintech clients much easier, and also is the basis for providing UTU creditworthiness oracles for DeFi.
Lastly, we’ve done a lot of work behind the scenes, mostly regarding devops processes and tech. That will improve our dev process further going forward.
$UTU is now listed on PancakeSwap!
You have expressed your concerns about the high gas fees on Uniswap and how much of a hurdle these fees are to purchasing UTU Coin.
So we created an UTU-BNB liquidity pool on PancakeSwap, the largest decentralized exchange (DEX) on Binance Smart Chain (BSC)!
You can buy $UTU on PancakeSwap here.
Read more about the listing, including important contract address information here.
Partnerships
Meter
We partnered with Ethereum scaling and interoperability platform Meter!
We used their Passport bridge to port $UTU to BSC (which helped us list on PancakeSwap) and will build our trust infrastructure on their blockchain.
Read all about the partnership here and learn how to use Meter Passport to port your $UTU on Ethereum to BSC here.
Pngme
We forged a partnership with Pngme to increase access to financial services for the un/underserved!
Pngme’s API will be integrated into UTU’s Creditworthiness and Trust APIs to ensure data accuracy and customer trustworthiness.
And our ratings, reviews, and socially-powered recommendation features will be made available to Pngme’s bank and fintech clients.
Read all about the partnership here.
CryptoCart
Finally, we partnered with CryptoCart to improve trust in eCommerce!
We will be integrating our ratings, reviews, and recommendations into their eCommerce platform, and $UTU will be accepted as a form of payment for purchases.
New Board Member – David Holtzman
Privacy expert David Holtzman has joined the UTU Board of Directors!
His expertise on privacy and cybersecurity will be invaluable in building out the UTU Protocol.
Here is the blog post announcing David’s board appointment. The article highlights David and our other amazing board members.
David also spoke with our CCO Mike Chan about his background and how he will support UTU. It’s a super interesting conversation that you don’t want to miss! Check it out here
AMAs with DefiCliq
CEO Jason and CTO Bastian participated in an AMA in our partner DefiCliq’s Telegram group!
They answered questions about our creditworthiness product, the UTU roadmap, and much more. Check out the AMA transcript here.
We also hosted DefiCliq CEO Shantanu Kumar in our Telegram group to talk about what he’s building at DefiCliq and our partnership. You can read the transcript here.
Conclusion
We hope you enjoyed this UTU Update! Stay tuned for more exciting news to come.
Thanks for your support, Trust Guardians!
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