Anonymity and privacy are tough in the financial world. However, cryptocurrencies can offer a much-needed alternative in this regard, and The virtuous city Krypton paves the way.
Paying for goods and services in an e-commerce environment always requires consumers to share personal and payment sensitive data. They can use credit/debit card, bank transfer, or other online payment processor. Sharing these sensitive details leaves users vulnerable to theft, hacking, fraud, and any other concerns. Having so much information out in the open is a problem, and there hasn’t been a viable workaround yet.
Utopia Crypto is a new solution that provides consumers and merchants with anonymity and privacy in every transaction. Thanks to the ever-evolving array of technology, two original assets – Crypton (CRP) and Utopia USD (UUSD) – are used for payments. Supporting merchants accept one or both of these currencies. More than 1,800 online stores accept these payment options, with more to be added soon.
The main reasons to use Crypton or Utopia USD include the almost non-existent fees, unparalleled privacy and the end of transactions in less than 1 second. Additionally, Utopia is a very efficient and powerful payment network that has proven easy to integrate thanks to its built-in API and other tools for merchants.
To attract more consumers and merchants, Utopia offers some interesting features:
- There are no KYC requirements for transactions
- High-liquidity network and built-in crypto exchange
- Ability to create payment cards for online transactions
- Issuance of vouchers for offline payments
With Utopia, merchants offer a better user experience to customers without compromising security or anonymity. Utopia is the number one payment solution that offers all these benefits without the drawbacks, creating a compelling use case for the two native network currencies.
Tech-savvy users can explore other benefits Utopia offers, including earning rewards for sharing RAM and CPU resources, decentralized domain history, private messaging, a Tor alternative, and the option to send and receive encrypted emails.
Privacy and anonymity can be provided by critical encryption algorithms. Utopia takes advantage of multichannel routing through the countermeasures of the man in the middle, Curve25519, Poly1305, and XSalsa20. These algorithms allow for a powerful combination of anonymity, privacy, and a fast transaction end across comprehensive payment options.
About the virtuous city
Utopia is a decentralized ecosystem specifically developed to combat online surveillance and ensure the privacy of financial transactions.
The Utopia desktop app is available for Windows, macOS, and Linux in 29 languages. The ecosystem was developed by a group of networking technology enthusiasts. To eliminate any impact on the project, Utopia developers will remain anonymous forever.
Utopia official website: https://u.is
Download Utopia: https://u.is/en/download.html
Krypton exchange: https://crp.is
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, and is not intended to be used as legal, tax, investment or financial advice.