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WeTrust Price (TRST)
$0.00170895
0.28%
WeTrust Price Chart (TRST/USD)
Last updated 22 Jun 2022, 09:10AM UTC. Currency in USD.
Markets
| # | Exchange | Pair | Price | Spread | Volume(24h) | Trust |
|---|---|---|---|---|---|---|
| 1 |
 HitBTC |
TRST / BTC | $0.00181125 | 17.16% | $0 |
TRST Price Statistics
- WeTrust Price Now $0
- 24h Low / 24h High $0 / $0
- Trading Volume $0
- Market Cap Rank #2887
- Market Cap $165,466
- Volume / Market Cap 0.0000
-
All-Time High
$1 -99.88%
Jan 13, 2018 -
All-Time Low
$0 461.21%
Apr 19, 2021
Welcome to the World of WeTrust Cryptocurrency
Introduction
Cryptocurrencies have revolutionized the way we view and conduct financial transactions. One such pioneering digital currency is WeTrust. Developed on the Ethereum blockchain, WeTrust aims to provide a decentralized platform for financial services around the globe. With its innovative approach and strong community support, WeTrust has gained popularity among crypto enthusiasts.
The Concept behind WeTrust
At its core, WeTrust strives to bring financial inclusion to the unbanked and underbanked population. By leveraging blockchain technology, it eliminates intermediaries and enables individuals and communities to create and participate in various financial services. WeTrust firmly believes in the power of trust and aims to foster collaborative and transparent interactions.
Building Blocks of WeTrust
WeTrust comprises multiple key components:
1. The ROSCA Platform
ROSCA stands for "Rotating Savings and Credit Associations." This platform allows groups of individuals to form lending circles where each member contributes a fixed amount of money periodically. Every circle participant gets a chance to receive the contributed sum, enabling individuals to access interest-free credit.
2. Trusted Lending Circles
WeTrust enables the creation of trusted lending circles, where participants can build their creditworthiness without relying on traditional financial institutions. Collaborative lending helps eliminate the need for credit checks and offers more inclusive financial opportunities.
3. Trusted Loans
WeTrust also allows individuals to offer micro-loans to trusted peers within the network. This opens up new avenues for borrowers who may not meet the criteria of traditional lenders. Trusted loans create a decentralized credit scoring system, ensuring fair access to credit for all participants.
4. Financial Services Fund
WeTrust has established a fund to support various financial services on its platform. This fund aims to incentivize developers, entrepreneurs, and community members to contribute to the growth and diversity of the WeTrust ecosystem.
The Benefits of WeTrust
WeTrust offers several advantages for individuals and communities:
- Access to Financial Services
By leveraging blockchain technology, WeTrust enables individuals, especially the unbanked and underbanked, to access financial services such as credit and loans, which were previously out of reach.
- Trust and Transparency
WeTrust promotes trust and transparency through its decentralized model. By removing intermediaries, it reduces the risk of fraud and manipulation, ensuring fair and secure transactions.
- Financial Inclusion
WeTrust aims to bridge the global financial divide by providing services to underserved communities. It empowers individuals to improve their financial well-being and participate in economic activities.
Conclusion
WeTrust cryptocurrency is paving the way for a more inclusive and collaborative financial ecosystem. With its focus on trust, transparency, and financial inclusion, WeTrust aims to revolutionize the way individuals and communities access financial services. As the crypto industry continues to evolve, WeTrust stands as a beacon of innovation, providing individuals with the tools to take control of their financial futures.