UT-PAY

UT-PAY

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Last Update

Aug 17, 2018

UT-PAY
Tourism plays an important role in the economies of all countries and is one of the most important contributors to GDP. We hope to transform the tourism industry as a whole, reform it and provide a seamless experience for all involved stakeholders. UT-Pay makes the travel experience smarter and more convenient through its unique payment and currency exchange system. The thing that happened so far was that the travel agency booked travel itineraries. It included everything from hotel stay to trip planning.
Warning it May Be a Scam
Aug 15, 2018
Sep 15, 2018
100% completed
Raised funds - no Data
past
Token Details
Ticker
UTP
Total supply
1 BILLION
Token Distribution
15 % - ICO
15 % - BONUS & BOUNTY
7 % - TEAM
3 % - ADVISORY
60 % - FUTURE DEVELOPMENT
Accepted Currencies
ETH, BTC
Min Contribution
0.2
ETH
Company Details
Registered Company Name
ULTRA TRAVEL PAY LTD
Registered Country
United Kingdom
Additional Details
Platform
Ethereum
Categories
Platform

About UT-PAY

UT-Pay has taken the initiative to revolutionize the way travel and tourism industry functions. There are no imminent threats to the prospects of the travel industry as of now, but it has been functioning in the same-old boring way for many years,and something needs to be done to enhance the user experience. Now, UT-Pay has decided to change the status-quo and offer excellent amenities to customers, to improve their travel experience. Travelling is primarily made up of three aspects Journey, Stay and Food. We have decided to make all the aspects comfortable for travelers so that their travel experience is exceptional. No matter which tour operator you chose to book your trip, they would not tell you about the various hassles that you will be facing. There are multiple procedures and formalities that you must go through especially when you are traveling to a foreign country. One of the most significant issues that travelers usually face in a foreign country is currency exchange. Fiat currencies are limited to one particular country,and when you travel to another country, you need to exchange the currency before you start your trip.But it is not mentioned in any itinerary that you are pretty much on your own in the foreign country and have to look for the appropriate foreign exchange provider. The maximum the travel agent will do for you is to arrange a vehicle,but the time, effort and hassle that goes into doing all this is not described anywhere. Nobody wants to be wandering cluelessly in a foreign country, looking for a foreign exchange provider without any idea if it will offer genuine rates and will not try to fleece you. But now we have decided is going to change once and for all. We have integrated crypto currency in our payment system and will now enable you to make payments in any country, in any currency, without ever needing to change the fiat currency physically. Crypto currency is fast becoming highly popular and is making its way into multiple industries all over the world. With UT-Pay, you need not exchange a fiat currency anymore; you can just use our unique crypto currency payment system to make the payment to a vendor. Even if you need to exchange you can exchange it through your smartphone and digital wallet. This path breaking offering from us is poised to usher in a new era for tourism and travel industry.

Features

Instant Payments

Payment Gateways and currency exchangers are things of past. Use UT-Pay to make instant payments in crypto-currency or fiat currency without any middlemen.

In-Built Exchange

UT-Pay has inbuilt currency exchange system which enables you to make payments in Crypto currency and Fiat Currency without any need to visit the Forex outlets.

UT-Pay App

The UT-Pay app can be used across multiple mobile platforms, enabling you to carry out the transactions anytime and from anywhere with just a few taps on the phone.

Security

UT-Pay wallet is based on cryptographic tunneled encryption using the decentralized model of blockchain technology, which makes it highly secure.

UT-Pay GDS System


UT-Pay GDS is the world’s first blockchain mechanism based on decentralized and sophisticated global distribution systems designed specifically for the travel industry.

Rewards

UT-Pay offers fantastic discounts and rewards on transactions made through the platform. Customers can earn bonus UT-Pay coins with each transaction and can enjoy up to 50% discounts on payments made through crypto-currency.

Fiat Support

UT-Pay not only supports crypto-currency, but it also enables customers to make
payments in fiat currency to the merchants in any country. This ensures that money does not come in the way of your travel.

Ubiquitous

UT-Pay works with all travel related services such as accommodation, travel,
food& beverages and entertainment,etc.
With UT-Pay in your smartphone, you do not need any other travel app.

Wide Network

UT-Pay supports a vast array of other payment networks such as SamsungPay, ApplePay,andAndroidPay. This ensures that you can use UT-Pay anywhere in the world.

No Commission

Customers can make and receive payments using UT-Pay through both crypto currency and fiat-currency. With our effective blockchain system, we do not need any payment gateways and help our customers save a significant amount of money in turn.

Swap to own Blockchain

UT pay tokens will migrate to Independent blockchain before the official release of web and mobile platforms. This blockchain will revolutionize the whole travel sector.

UT-Pay Holiday Packages

We will offer customized holiday packages curated by expert travel planners to make your next trip memorable with a well planned itinerary.

Merchants Fiat Payment

Cryptocurrency is still limited, UT-Pays converts your crypto coins into fiat and makes it easier for you to pay the merchants without any hassle

Unlimited Transactions

There is no limit on a number of transactions that can be done with the UT-Pay wallet. You can make as many, transactions as you like, in whichever currency you want, digital or fiat.

 

Technical Info

Coin Name : UT-PAY

CODE : UTP

TOTAL SUPPLY : 1 BILLION

ICO SUPPLY : 150 MILLION

ALGORITHM : ERC 20

UT-PAY Roadmap

  • Q4 2017

  • Team formation and Idea development.
    Company Inception.
    Research about Travel and tourism Industry for integrating with blockchain technology.
  • Q1 2018

  • Launch of project & Modeling platform.
    Partnership with Early backers.
    Web development.
    White paper.
  • Q2 2018

  • Pre ICO preparations .
    Web goes Live. Bounty programs.
  • Q3 2018

  • Launching of UT PAY Initial Coin Offering, there will be 150 million coins for sale.
    Token private sale .
    Token public sale.
  • Read More
  • Q4 2018

  • UT-PAY on Digital exchanges.
    All unsold tokens will be burnt.
    Alpha testing of web and mobile based platform.
  • Q1 2019

  • Beta Testing of web and mobile based platform.
    Lauching of inbuilt exchange.
    Implementation on real time basis continues to develop new partnerships.
  • Q2 2019

  • Official release of Web and mobile based platform.
    Swapping to own blockchain. Launching of UT-PAY Debit card.
    Alpha testing of UT-PAY GDS Software.
  • Q3 2019

  • Establishment of UT-PAY Offices in SYDNEY, FRANCE, CANADA, USA, INDIA.
    Beta testing of UT-PAY GDS Software.
  • Q4 2019

  • Functionality for advertising Airdrop.
    R & D about current market scenario.
  • Q1 2020

  • Official release of UT-PAY GDS software.

UT-PAY Team

Verified 100%

Maneesh Madhu
CEO
verified
Aravind V R
COO
verified
Nasim Kbm
CTO
verified
Shajeer Shahul Hamee...
CFO
verified
Navas K
BUSINESS HEAD
verified
Hashim At
CMO
verified

Advisors

Verified 40%

Attention. There is a risk that unverified members are not actually members of the team

Sheikh Haneef
LEGAL ADVISOR
verified

4 ICO

$23 122

Felipe Teixeira
FOUNDER OF BLOCK STORAGE
unverified

3 ICO

$1 275 443

Chris Wozniak
BLOCKCHAIN INDUSTRY PROFESSIONAL
verified

3 ICO

$960 130

Kajen Arul Mariyatha...
AUSTRALIAN BASED BLOCKCHAIN EXPERT
unverified
Alexx Ivan
BLOCKCHAIN INDUSTRY PROFESSIONAL
unverified

UT-PAY Interviews

Maneesh Madhu
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
UT-PAY is a blockchain based marketplace for transportation, accommodation and restaurants
Direct the company in keeping with the vision outlined for the company by the Board of Directors

Partner with high-level officers to grow the company, strengthen it and ensure its sustainability

Represent the company as required, including attendance of important functions, industry events and public meetings

Work closely with the CFO (Chief Financial Officer) to prepare annual budgets, complete risk analysis on potential investments, and advise the Board of Directors with regard to investment risk and return

Work closely with Human Resources (HR) regarding hiring practices, payroll and benefit disbursement

Oversee quality control throughout the company, establishing goals for each department in partnership with division managers
Aravind V R
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
UT-Pay is a blockchain based marketplace for transportation, accommodation and restaurants.As a COO my role on this project is, Handling our daily reports, daily management, and our day-to-day activities ,deep understanding of the business, the routine of our business model and people, has allowed met o take our work to new heights.
UT-Pay is powered by blockchain and offers a totally secure environment for every transaction routed through it. It is designed to deliver each payment with an open-source, decentralized ledger while maintaining full anonymity. Backed by robust technology and excellent security, UT-Pay is set to become the next big thing in the travel industry. We also offer exciting rewards to our customers, thus helping you save money while making payments through UT-Pay. We aim to simplify the travel industry through our unique solutions, capable of deciding the course of future of the travel industry.
Nasim KBM
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I am verry happy to serve my best knowledge as CTO, I can handles all the technological aspects of our business. With a sharp mind and vast knowledge about the working of modern technologies without any comparmice quality our services.
Shajeer Shahul Hameedh
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I makes sure that our business utilizes its resources judicially. Handling our books, chalking up plans for utilization of money and other things,
It is a revolution in travel and tourisam industry
Sheikh Haneef
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I am handling all the legal matters and other various legal compliances of the company. Being a lawyer dealing with the travel industry, I found UTPay is promising project having vast opportunities to its customers. I am sure this project will be a huge success.
Navas K
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Excellent project
HASHIM AT
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I understand our business better and aids in getting contracts.I am an Experienced and well-versed in financial accounting, an expert in foreign trade exchange and with a knack for blockchain.
I really love working with this great project
Chris Wozniak
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
As an advisor I am responsible for guidance on ICO process, blockchain market and social media marketing.
I was responsible for making sure that the product as well as team are ready for this step on the road to achieving their goals.

UT-PAY Last News

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