Tembusu’s TRUST framework is a high-tech global infrastructure that lets verified individuals transfer and manage assets instantly, securely, simply and inexpensively.
TRUST's infrastructure can keep track of all transactions, credits, and debts in one place. It also serves as an automated clearinghouse with nearly zero costs.
Unlike other cryptocurrencies, each TRUST transaction belongs to identifiable person with accumulated 'trust'. This allows trusted individuals to make offline transactions, so business can be done even without an Internet connection.
Cashless payments offer better security for your transactions by removing physical risks like robbery or theft. TRUST lets you enjoy these benefits without having to incur costly credit card or electronic transaction fees.
Every user on the TRUST network is a real and identifiable person. While accounts are anonymous by default, authorities can unveil identities to investigate suspicious activity.
Every financial transaction done by every TRUST user is kept on one shared universal ledger, so taxes can be easily filed and verified. This also eliminates the ability for anyone to make false claims.
TRUST doesn't replace traditional money; TRUST integrates it. As an economy’s
cryptocurrency becomes widespread, the cost of maintaining and creating
physical money will be reduced by using a robust, persistent, low-cost
Your account can never be frozen or used by anyone else and is accessible only with your PIN. If you lose access to your wallet, it can be easily regained by using a set number of “trusted keys” that you nominate other users to hold.
TRUST's Proof-of-Identity allows TRUST users to build reputations. As your reputation grows, so does the amount of TRUST you can spend while offline. Your TRUST reputation could also help you receive loans and credit.
If you use smartphone apps, you can use TRUST. For the end-user, it is not much more than what is already in your wallet – money, credit cards, access to banking. How hard can it be?
TRUST allows anyone with an Internet connection to easily participate in the global economy. It costs nothing and can be done in minutes. Traditional banking services can be inaccessible or costly for the impoverished, and this prevents some 2.5 billion adults from making transactions we take for granted.
The remittance industry deals in S$10 billion annually in Singapore alone, with 2- 4% of that money taken as fees by middlemen. A TRUST remittance system would remove nearly all costs and fees, allowing migrant workers and their families to send and receive more money more easily more often.
The TRUST system is a next-generation distributed blockchain technology. TRUST is a revolutionary platform of exchange and personal asset management that puts the benefits of cryptocurrency technology into everyone’s hands.
We want to be in touch with people who share our vision of the future and who want to adopt our technology. Drop us a message and we’ll be in touch.