WeTrust
TRST

0.01468
$
2.21 %
Change 24h
Genesis
April 18, 2017
Market Cap
$ 1,322,440
Volume 24h
$ 983.42
Circulating Supply
90,097,800
Total Supply
100,000,000
TRST
$
Description
WeTrust is a collaborative saving and insurance platform. It is autonomous, frictionless, and decentralized. WeTrust utilizes the Ethereum blockchain to create a full-stack financial system that leverages existing social capital and trust networks, eliminating the need of a “trusted third party”, which allows for lower fees, improved incentive structures, decentralized risks, and a greater amount of capital to reside among the participants. WeTrust’s first product is a Rotating and Saving Credit Association platform, inspired by the ~1 billion people around the world who are using mostly informal organizations to lend/ borrow, and support each other financially within their communities. ROSCAs will bootstrap the community, and WeTrust plans to build future products that include sovereign credit identities, trusted lending, mutual insurance, and more.
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