Criptomoneda WeTrust

WeTrust is a cryptocurrency that was created with the goal of providing financial services to those who are underserved by traditional financial institutions. It aims to create a decentralized platform that will empower people to make financial decisions and take control of their financial futures.

WeTrust was founded in 2016 by George Li, Patrick Long, and Jhonny Zhong, who had previously worked in the financial industry. They saw firsthand how traditional financial institutions were failing to serve a significant portion of the population, and they believed that blockchain technology could be used to create a better financial system.

The WeTrust platform is built on the Ethereum blockchain, which allows for secure and transparent transactions without the need for intermediaries. This means that users can send and receive payments without having to go through a bank or other financial institution. Additionally, the platform uses smart contracts to automate certain financial processes, such as lending and borrowing.

One of the key features of WeTrust is its Trusted Lending Circles. These are groups of people who come together to pool their money and lend it to each other at lower interest rates than they would get from traditional financial institutions. This is particularly useful for people who have poor credit or who are otherwise unable to access traditional lending products.

Another feature of WeTrust is its insurance products. Users can purchase insurance policies on the platform that are underwritten by a group of investors. This allows users to protect themselves against unforeseen events, such as the loss of a job or a medical emergency.

WeTrust has also partnered with various organizations to provide financial services to underserved communities. For example, it has partnered with the United Way of the Bay Area to provide financial coaching to low-income families. It has also partnered with the BABB (Bank Account Based Blockchain) project to provide banking services to people who do not have access to traditional banks.

Overall, WeTrust is an innovative cryptocurrency that aims to provide financial services to those who are underserved by traditional financial institutions. Its use of blockchain technology and smart contracts allows for secure and transparent transactions, while its Trusted Lending Circles and insurance products provide valuable financial services to users. As more people become aware of the benefits of decentralized finance, it is likely that platforms like WeTrust will continue to grow in popularity.