Mangrovia Blockchain Solutions, a systems integrator and software house specializing in applied blockchain technology, announced today a new partnership with UTRUST, a cryptocurrency payment solution to offer instant transactions, buyer protection, and crypto-to-cash settlements.
As a result of the integration, Mangrovia Blockchain Solutions will offer their clients the ability to pay and accept cryptocurrencies on UTRUST’s secure payment platform.
Mangrovia develops blockchain projects between a variety of industries, such as energy, fintech, supply chain, food distribution, crypto gaming, and art. The new partnership will enable UTRUST to expand its network of partners and work as an extension of Mangrovia’s business.
The UTRUST platform will also provide Mangrovia and its partners with merchant protection against price volatility and buyer protection from the risk of fraudulent merchants, as well as fast, simple and safe transactions.
“Mangrovia needed a trusted partner to process cryptocurrency payments within their many cross- vertical projects and UTRUST was ready to accept the challenge of being their dependable payments processor,” added Nuno Correia, CEO of UTRUST.
Mangrovia is also a member of IBM’s exclusive network of Registered Business Partners and recently attained Oracle Gold Partner status after they put NPLs on an automated blockchain-based marketplace with fellow Oracle partner Sydema.