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Designing, developing & delivering high performance blockchain engines.

Designs, delivers and operates software engines utilising blockchain messaging, storage and blockchain contracts (‘smart contracts’) to transform legacy workflow processes into fast, efficient and more secure blockchain enabled processes and systems.

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The challenge...

The current process for securely transferring the ownership or control of assets (such as real estate, financial instruments and physical goods) results in unnecessary costs, inefficiencies and delays that often require multiple layers of processes and the costly use of intermediaries.

Identity
Trust is the cornerstone of all transactions and trust typically can only be achieved by providing identity. Normally this has been done with paper documents, identification via trusted 3rd party services, or by self-identification. The costs of this depend on the value of the assets involved and the certainty of the identity and trust that may be required from both parties. Traditionally this process can take anywhere from a single day to many weeks to complete.
Ownership
As with all business transactions the origin, provenance and establishment of ownership and/or rights over an asset are critical to the completion of any transaction. As an example when dealing with property (land, buildings, houses) establishing the ownership of the asset requires two sets of solicitors, government deeds/tax/council and financial investigations. The costs are significant and could take several weeks or months to accomplish.
Transfer
Once a business transaction has been initiated there comes a moment when the transfer of the ownership or control of the asset occurs. The asset must be transferred in a clear, transparent, lawful and auditable manner in order for the asset to maintain its current and future value. In the case of property, the lands and buildings in the transaction must be transferred in a public manner to maintain their value in the chain of the ownership of the asset. This process can take days or weeks to accomplish.
Consideration
The final step in the process is the ‘payment of a consideration’ for the asset or control transferred. The consideration must be open and transparent to show that it has been paid to the correct receiving party for the full transfer of asset or the ownership of the asset to occur. This process can be immediate or it can take up to several weeks for the consideration to reach the respective parties bank accounts.
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In response…

Recent innovations in the electronic recording of identity, ownership and transactions in the form of distributed ledger (‘DLT’ and/or ‘Blockchain’) technologies alongside the blockchain contracts (’smartcontracts’) that then build upon these records now make it possible to globally provide a transparent, auditable, very efficient and secure solution to the challenges of the inefficiencies, number of intermediaries, costs and time that it has previously taken to securely complete transactions.

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Our technology

TrustMe™’s blockchain engine technology allows for the deployment of a trusted 3rd party platform where transactions are conducted and recorded on blockchains using pre-configured and automated blockchain contracts (‘smart contracts’). Our technology can provide for the rapid deployment of blockchain enabled, asset trading platforms for real estate properties, equities, bonds, debt instruments and for use within existing and new supply chains.

About us

Universal TrustMe Engine Limited (‘TrustMe™’) was founded in London in 2016 by two IT industry professionals, David Parsons and Antony Abell. David and Tony had correctly foreseen the erosion and increasing collapse of ‘trust’ in many of our digital relationships, transactions and communications that is currently being caused by the sharp increase in hacking, cybercrime and ‘fake news’.

This environment coupled with the current trend towards more open and publically accessible IT platforms and infrastructure led them to conclude that these factors would be increasingly detrimental to all of our online digital relationships and transactions as well as many of society’s real world social interactions. A solution that would therefore allow ‘trust’ to be reinstated into our digital online relationships was needed and ‘TrustMe™’ was created with a profound passion to re-introduce and re-define ‘Trust’ back into our relationships, digital communications and transactions by the use of blockchain technologies, secure identities and blockchain contracts.

TrustMe™’s first work has been in the areas of global shipping, pharmaceuticals, finance and property. Our team and our extended global community come with a wide of experience in different industries, sectors and cultures and this diversity has enabled us to focus our people and resources on the core aspect of implementing enabling blockchain technologies and blockchain contracts into real world applications to dramatically change the way that people, industries and societies interact and safely transact with each other.

TrustMe Property Exchange (UK) Limited and the Blockchain Land Registry Limited are wholly owned United Kingdom based subsidiaries of Universal TrustMe Engine Limited (‘TrustMe™’).

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  1. 1

    Determining

    the best means of using blockchain technology.

  2. 2

    Reduce

    legacy workflow processes times and costs.

  3. 3

    Expanding

    the new processes to take advantage of all the benefits of this new technology.

Contact us

Please feel free to make contact using our details below to speak to us about your project.

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TrustMe™ - Universal TrustMe Engine Limited
33 St. James's Square
London SW1Y 4JS
United Kingdom

E: info@u-trustme.com
P: +44 (0)20 7129 1348

Other Contact Points:
E: clients@u-trustme.com
E: career@u-trustme.com
E: investors@u-trustme.com
E: press@u-trustme.com
E: whitepapers@u-trustme.com

Please feel free to drop us an e-mail or give us a call. We will endeavour to respond to all enquiries within 24 hours of receipt (on business days).

© © 2017 All rights reserved by Universal TrustMe Engine Limited (trading as ‘TrustMe™’).
TrustMe™’s registered office address is at Finsgate, 5-7 Cranwood Street, London EC1V 9EE, United Kingdom and the Company is registered in England & Wales under company registration number: 10086844.
  • The Legal Stuff

    Welcome to TrustMe™’s applications, services and website (collectively referred to as the “Site”). Except as expressly provided herein, you may not use, download, upload, reproduce, copy, duplicate, print, display, perform, republish, sell, license, post, transmit, disseminate, otherwise distribute, or commercially exploit in any way the Site or any portion thereof or any information or content on the Site, without the prior written permission of TrustMe™.  In using this Site you expressly agree that your use of the Site, and any information, content, applications, services, exchanges and materials contained in, accessed via, or described on the site, is at your own risk, and that all such information, content, services and materials are provided on an “as is” and “as available” basis. To the full extent permissible by applicable law, TrustMe™ makes no, and hereby disclaims all, representations or warranties of any kind, express or implied, as to the availability, operation and use of the site or the information, content, materials or services on or accessed via the site, including but not limited to warranties of merchantability, fitness for a particular purpose, title, non-infringement, and implied warranties arising from course of dealing or course of performance. In addition, TrustMe™ does not represent or warrant that the information accessible via the site is accurate, complete or current, and it is not responsible for any errors or omissions therein or for any adverse consequences resulting from your reliance on any aspect of the site.  In no event shall TrustMe™ or its affiliates, or the directors, officers, members, employees, agents or representatives of TrustMe™  or its affiliates (the “TrustMe™  parties”) be liable to you or any third party for damages of any kind arising out of the use of, access to, reliance on, inability to use or improper use of the site or any information, content, materials or services available thereon (including, but not limited to, any direct, indirect, special, punitive, incidental or consequential damages or damages for loss of profits, goodwill or revenue, business interruption, or loss of data), even if advised of the possibility of such damages, and regardless of the form of action, whether in contract, tort, or otherwise. In using this Site you also agree to indemnify and hold the TrustMe™ Parties harmless from and against any and all damages, liabilities, actions, causes of action, suits, claims, demands, losses, costs and expenses (including without limitation reasonable attorneys’ fees, disbursements and court costs) arising from or in connection with (i) use of the Site or any content, information, materials or services contained, displayed or available therein by you; (ii) your violation of these Terms of Use; or (iii) your violation of any rights of any third party.  All other rights are reserved.