UTEMIS price is $0.00050115
As we speak, the price of UTEMIS (UTS) is currently $ 0.00050115. Please note that the state of the crypto market is highly volatile and prices can change rapidly. Always check for the latest price before making a transaction.
UTEMIS (UTS) is a blockchain-based cryptocurrency specifically developed for businesses in Latin America. The primary goal of UTEMIS is to unify the Latin American economy into a single common ecosystem. UTEMIS aims to promote trust between businesses by deploying smart contract technology, thus fostering a fair trading environment, and significantly reducing transaction costs.
The team behind UTEMIS is composed of experienced professionals and visionaries. The identities of the individual team members and exact details about their background can be found on the official UTEMIS website. They envisage a decentralized platform where businesses in Latin America can trade efficiently and cost-effectively while instilling trust and assurance through the use of blockchain technology.
UTEMIS works on the premise of smart contract technology, a key component of the Ethereum Blockchain. When businesses engage in transactions, the terms are transformed into code and stored on the blockchain. This contract is self-executable, meaning it will automatically execute when the set conditions are met. This feature offers businesses an unprecedented level of assurance and trust, which is essential for a thriving trading environment. The use of blockchain technology also ensures that transactions are transparent, impossible to alter, and efficiently processed in real time.
UTEMIS is unique as it is designed specifically to revolutionize the B2B sector in Latin America. Its distinctive proposition is the use of blockchain technology to establish trust and facilitate transactions, essentially revamping the way businesses engage with each other. Additionally, UTEMIS operates with its own token (UTS) allowing businesses to transact with each other within the platform, making it a self-contained economic ecosystem.
The prominence of UTEMIS in the crypto market can be evaluated using certain metrics. The market cap rank of UTEMIS is #1, and it has a market capitalization of $ . Over the last 24 hours, UTEMIS has increased by +5.17%. The 24-hour trading volume of UTEMIS stands at .
The circulating supply of UTEMIS (UTS) in the market stands at while the total supply is capped at 700.0M.
UTEMIS (UTS) can be purchased on the listed IDEX. Be sure to look out for the latest prices, do your research, and ensure your chosen exchange is reliable and secure.
Safety is a paramount concern in the world of cryptocurrency. To securely store your UTEMIS (UTS) tokens, consider using a wallet that supports Ethereum-based tokens, as UTEMIS is part of the Ethereum blockchain. These wallets can range from hardware wallets like Ledger or Trezor, to software wallets that can be installed on your mobile device or computer. Always remember to keep your private keys confidential and consider taking additional security measures such as enabling two-factor authentication.
UTEMIS operates on the Ethereum blockchain which is renowned for its robustness and security features. It uses smart contracts that are transparent and immutable which ensures the security of the transactions happening on its platform. Once a contract is stored on the blockchain, it cannot be modified or tampered with, thereby securing all the transactions and providing the users with maximum trust and confidence. However, like any other blockchain driven platform, UTEMIS cannot single-handedly guarantee absolute safety. Users also share the responsibility of maintaining the safety of their account information and practicing safe online practices.
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