Hello, Satoshi clubbers! Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from UTU and our guests were @UTUman and @databu. The AMA took place on 23 April.
The
AMA session was divided into 3 parts with a total crypto reward pool of 500$
In
this AMA Recap we will try to summarise the most interesting points for you.
Part
1 — introduction and questions from the Telegram community
Mary
| Satoshi Club: Hello Satoshi Club! We are happy to
announce our AMA session with UTU! Welcome to Satoshi Club😀
D.
| Satoshi Club: today our guests – @UTUman and @databu !
Bastian
Blankenburg | UTU: Hi all, great to be here again 🙂
D.
| Satoshi Club: welcome to our club!
Mary
| Satoshi Club: Hello😀 welcome back
D.
| Satoshi Club: happy to see you here 😃
Mary
| Satoshi Club: How’s going?😀
Jason
Eisen | UTU: Hey all! Great to be here!
Mary
| Satoshi Club: Hi! Always happy to see you in Satoshi
Club 😀
Bastian
Blankenburg | UTU: Going very well, thanks!
Jason
Eisen | UTU: feels like a second hom for us 🙂
D.
| Satoshi Club: 😄👍
Mary
| Satoshi Club: Ahaha, that’s true 😀
Guys, Satoshi Club got
more members since your last visit and i think you will need to introduce
yourself and UTU project again😀
Bastian
Blankenburg | UTU: With pleasure
Jason
Eisen | UTU: I see that! Congrats o the growth!
Happy to do so.
Mary
| Satoshi Club: Also we will are excited to hear what
new happened to UTU lately 😉
Thank you 🚀
Jason
Eisen | UTU: I’m Jason. I’m a serial entrepreneur.
Grew up between Boston and Nashville. I spent 10 years in Washington DC, first
at university at The American University (studied International Relations) then
7 years as a consultant for USAID, World Bank, and others. I started spending
time in East Africa through that work in 2010 and moved to Kenya in 2013 to
start (at the time) the first Taxi App anywhere in Africa, MARAMOJA. We
realized in the process of building that taxi app that we were solving the
wrong problem. we realized the problem was actually about Trust and began to
focus our attention there, building better models of digital trust. This was
the origin of UTU actually.
D.
| Satoshi Club: don’t hurry, we have questions about
this in the first part 😄
Jason
Eisen | UTU: UTU’s vision is to become the trust
infrastructure of the entire internet. Our mission is to bridge the gap between
how people trust in real life and how they are asked to trust online. We
believe in a more human friendly internet, data as a human right, and the need
to avoid digital trust dystopias as we’ve seen portrayed and played out in
various contexts around the world. We provide trust infrastructure as a service
to make the internet a safer more trusted place to gather, work, share, trade,
etc
sure, so much news
since our last visit! we’ve been busy 😉
Bastian
Blankenburg | UTU: I did a PhD in computer
science/distributed AI. This involved multiagent systems using game theory,
risk models, trust models etc. It also involved building payment protocols that
incentivised agents to adhere to the protocol, before blockchain came along. So
nowadays one would use smart contracts for some of this, and I find it exciting
which possibilities for distributed systems are now available.
Later worked in
industry, then moved to Kenya because of private reasons. Met Jason who
convinced me to join his startup, the taxi app MARAMOJA, because he had this
great idea for a trust mechanism. That’s because the taxi sector had
traditionally a lot of crime here, and people prefer known drivers. Then from
that we spun off UTU, to make its own product of the trust mechanism.
Bastian
Blankenburg | UTU: Oh right lol
Mary
| Satoshi Club: Thanks, guys! Btw, did your team
changed since last AMA? Became bigger?
Bastian
Blankenburg | UTU: Yes, in all departments!
Jason
Eisen | UTU: Sooooo much…we’ve been hiring some
amazing people. Mike Chan joined us as our Chief Commercial Officer, Nereah
Okanga as our Head of Product, Shiku Ngigi as our Head of Marketing….check
out their profiles…legends
Bastian also got some
great new engineers and data scientists
Mary
| Satoshi Club: Wow! Crypto is really gaining mass
adoption and all projects are busy😀 and growing
Jason
Eisen | UTU: And we have super exciting new addition
to our board that we’ll announce soon…guys are gonna FOMO hard…
Mary
| Satoshi Club: That’s a key to success 💪
Jason
Eisen | UTU: agreed – good governance begets great
projects
Mary
| Satoshi Club: I see that you development never stops!
And that’s awesome! Thank you for your introduction 😀
Bastian
Blankenburg | UTU: We’re really just starting…
Jason
Eisen | UTU: [ 👈 Sticker ]
Mary
| Satoshi Club: Do you think it’s time to dive deeper
into the details with the questions from our community?😉
Bastian
Blankenburg | UTU: Sure let’s go!
D.
| Satoshi Club:🚀🚀🚀
Mary
| Satoshi Club: [
💪 Sticker ]
Q1 from Telegram user
@Jonahapagu
The
last time you were here for an AMA like this, you talked about your socially
powered Taxi app called MARAMOJA, has there been any new improvements or
achievements on MARAMOJA you will like to share with us… What other new
implementations do you have on your platform that also aims at advancing your
Goal of Establishing a Trust Economy using Trust as a Service (Tass)
Bastian
Blankenburg | UTU: MARAMOJA’s released version still has
the original version of the trust engine built-in, which is quite a barebones
version really. Now that we’ve released the first proper UTU Trust API + Web
SDK, we’re integrating that with MARAMOJA, so it can use the improved feedback
like badges and soon-coming video review etc., and generally the better
mechanism.
We’re also in the
process of getting our first pilot clients going with integrating the SDK.
Jason
Eisen | UTU: Great question! Yes, on the business
side too, MM has been kicking some serious ass lately! Led by Ronald Mahondo,
MM has been dethroning its larger competition(Uber, Bolt) consistently in the
B2B space in Kenya, winning exclusive contracts away from those guys to serve
the largest corporates in Kenya.
We have also announced
a serious of partners that will be integrating our TIAAS across a range of
sectors and geographies over the past months.
Bastian
Blankenburg | UTU: To add to that, for some business
clients having trusted drivers is actually now a requirement.
Jason Eisen | UTU: Check our medium for more details: https://medium.com/utu-trust
Mary
| Satoshi Club: Ahaha, so Uber is behind😂
Mary
| Satoshi Club: Could you name us some of your
partners?😉
Jason
Eisen | UTU: hmmm well thats a big statement but I
would say that they fail to recognize both the uniqueness of some markets as
disparate from the global one size fits all approach and they fail to see the
trends that will shape that industry over the coming years as distinct from the
last 10 years
Mary
| Satoshi Club: Yes, they can’t win everywhere and can’t
compete with blockchain future 😉
Jason
Eisen | UTU: Sure, just recently we announced
collaborations with Curacel, a pan-African AI powered insurance solution, as
well as with Harmony protocol, Hypermine, KardiaChain, Oasis, and Hyve…that’s
all just in the last couple months
Bastian
Blankenburg | UTU: I’d like to jump in here and give a
shout-out to our dev partners as well, Ape Unit in Berlin and hack.bg in Sofia.
Jason
Eisen | UTU: we are also working with amazing
projects like AmpNet, CryptoTask, BitLipa, RideSafe Africa, Maple Finance,
Shuttle One, and so many more
Mary
| Satoshi Club: Wow, so many famous names and some of
them are our friends 😉
Jason
Eisen | UTU: haha almost forgot, travala.com
Mary
| Satoshi Club: Oh, yes, that’s awesome project 👍
Tones of news! You did
a great job!
Thank you for your
answers! Ready to go to the next question?😉
Bastian
Blankenburg | UTU: ready
Jason
Eisen | UTU: we trying…
born ready
Q2 from Telegram user
@yellowchamp
UTU’s
mission is to become the trust infrastructure of the entire internet, replacing
anonymous star ratings, reviews, and scores as the de facto trust mechanisms of
our digital lives. As this mission is the bottomline of what you wanted with
your platform especially to become the trust infrastructure of the entire
internet,can you explain to us how will you possibly realize this mission in
the near future? With this mission of yours and since the time you launch, what
part of this mission is being accomplish already so far? Since the pandemic
time,how does UTU brings impacts and innovation with the de facto trust
mechanisms of our digital lives? Thank you
Jason Eisen | UTU: we actually just updated our roadmap, you can check it here: https://medium.com/utu-trust/the-utu-roadmap-update-february-2021-99b0ffb2ab70
Mary
| Satoshi Club: 👍
Jason
Eisen | UTU: We are very much on track toward
delivering on our promised vision…We actually released the first version of
our Core API and Web SDK a couple weeks ago and exponentially grew our pipeline
of integrations…
Bastian
Blankenburg | UTU: There’s the business and the tech side
to this question, I’m leaving the business one to @UTUman . On the tech side,
we’ve built our architecture to be scalable from the get-go. There’s the common
wisdom to not optimise prematurely, and do so only when needed. But I’ve been
there before, and don’t want to repeat the experience to have to scale your
systems while they’re already crouching under heavy load. So this time, our
tech is ready from the beginning.
Jason Eisen | UTU: https://medium.com/utu-trust/the-utu-trust-api-v1-is-now-live-6c4d19c1720b
Mary
| Satoshi Club: How many users do you currently have?😉
Jason
Eisen | UTU: Since you mention the pandemic, one
interesting bit to mention is some work that we did around the development and
roll-out of a privacy preserving contact tracing solution for the world that is
dumb-phone compatible – we actually got a shiny endorsement from the African
Development Bank for this work and looking for some places to push that forward
when the moment is right
We don’t disclose that
number typically but more than 50,000 (depends on how you look at it, but not
worth getting into that detail here)
Mary
| Satoshi Club: Btw, i found something interesting p
for myself – that 96% of riders chose
socially-referred drivers over highly-rated but unknown drivers. So, this means
that you already have a good customer base to make such kind of researchs 😉
Jason
Eisen | UTU: we have the benefit of serving the
entire world, not just the crypto world…
Mary
| Satoshi Club: 👍
Bastian
Blankenburg | UTU: Yes, this is also the reason why we
kept MARAMOJA as part of the company for so long. Instead of separating
earlier, which would have made some things easier, but MM is a great
experimentation ground for the trust mechanism.
Jason
Eisen | UTU: Yes, this has been one of the most
critical parts of our evolution, having MARAMOJA as a real world use case and
going concern that let us test things in real time and do the type of real
world trust research that has informed every step of our product development.
We are our first clients and have seen a direct, tight correlation between
better trust and the growth of MM’s key metrics
Mary
| Satoshi Club: I am happy to hear that you serve real
world 😉 it will be awesome experience for both!
Jason
Eisen | UTU: depending on where you live, you may
not identify with wanting this level of trust for your taxi driver, but I’m
sure you want it for your nanny, doctor, lender, coder, etc
Bastian
Blankenburg | UTU: We’ve also gotten some other interesing
results from that, such as detecting a degree of correlation between social
closeness of people, measured by the number of common friends, and their rating
behaviour.
Mary
| Satoshi Club: Yes, i had to find nanny several days
ago and i need to say it wasn’t so easy 😉
So, you got a lot of
info😉 sure it will help you in the future!
Jason
Eisen | UTU: this will be easier soon…we will
announce a nanny sector partner soon so depending on where you live, you may
find that nanny easier quite soon
Mary
| Satoshi Club: Waiting for you, guys in my country 👍
Thank you for your
answers! Ready to go to the next question?
Bastian
Blankenburg | UTU: Yes absolutely, that’s the idea!
Jason
Eisen | UTU: bring it on
Q3 from Telegram user
@Highpee
The
version 1 of UTU Trust API went live on March 31st and you have described it as
a real model of human trust which can integrate with apps and web. What type of
online business platform can integrate with your API and what doest it costs
(in terms of money or software infrastructure/requirements) to facilitate easy
integration? How does the combination of UTU API, Artificial Intelligence and
blockchain help you to provide a reliable platform that can offer personalised
recommendations which can be helpful in building an ecosystem of trust among
business providers and consumers?
Jason
Eisen | UTU: woah that’s a big question, let’s break
it down
Bastian
Blankenburg | UTU: Technically, any app where the user has
to make some choice among different options could integrate it. At the moment,
the SDK supports any web app — React, Vue, Angular, plain html + js all work
well. We’re now taking on mobile SDKs, starting with Android. But a client
could also use our API directly and build their own UI elements, if they
prefer.
Jason
Eisen | UTU: What type of online business platform
can integrate with your API – any digital platform! B2B, B2C, P2P…anywhere
you’ve interacted with feedback mechanisms, ratings, reviews, recommendations;
they can all be humanized by UTU. And generally speaking across all sectors of
the digital economy – we tend to think about key sectors based on risk – risk
and trust being corollaries; the more risk I feel, the more trust I want. So
what are the things we feel the most risk about? Our health, family, home,
business, and assets – if a digital transaction is exposing one of these things
to risk – UTU has a huge role to play
D.
| Satoshi Club: [ 👍 Sticker ]
Mary
| Satoshi Club: And how do you personally wonder if
everyone is interested in honest feedbacks?😉
Bastian
Blankenburg | UTU: The AI works mostly in the background,
identifiying the most relevant feedback of other users. For example, if a use
case provides us with some context data, such as origin and destination of a
taxi ride, it can identify similar situations like “business trip” or “party
trip”, and choose fitting recommenders accordingly. (The context isn’t in the
current API version but will be soon.)
Jason
Eisen | UTU: The components of our system AI,
API/SDK, Protocol/Tokens respectively
address each of the three main problems with digital trust
D.
| Satoshi Club: i want to ask one thing, i see you
don’t have so much activity on your github, why? last update was in November…
Jason
Eisen | UTU: 1. Theory of trust – digital trust
currently is basically a legacy of what Ebay gave us in the 90s when we were
just buying some beanie babies or whatever and some aggregated, averaged, anonymous
feedback was ehhh.. good enough. Meanwhile the whole internet as evolved around
us and digital trust mechanisms have stagnated. We abandon this one size fits
all model of a universal score card for trust, and instead seek a descriptive
model of trust, filtered by our own networks of trust and evaluated dynamically
based on the options available…you could think about it like best fit vs.
highest rating.
2. Delivery mechanism.
Trust has been hitherto delivered as a product – either as a consumer-facing
review platform (yelp, tripadvisor, google reviews, etc) or as an afterthought
inside products (“let’s throw a 5 star system on it and call it a
day”). But trust isn’t a product…its infrastructure. It should be
delivered as such. We serve up our Trust Infrastructure via API/Oracle so
platforms and marketplaces can consume them as infrastructure. This also
eliminates that massive manipulation ability on consumer platforms where I can
create limitless
3. Incentives around
Digital Trust. All of the economic incentives around digital trust are for the
abuse/manipulation thereof. Fake reviews, bot armies, they all manipulate trust
and tend to yield rewards for those that buy (and sell) such services.
Meanwhile, projects/peoplee that only focus on organic metrics might languish
on the side. We designed our token model to address both sides – to eliminate
the ability to “buy Trust” while creating a positive economic
incentive to build trust – defined as facilitating good outcomes
Bastian
Blankenburg | UTU: The blockchain compoments have 2 main
motivations:
1. Being able to reward
users with UTU Trust Tokens for truthful participation, which they can
ultimatly monetise by conversion to UTU Coin
2. Enable users to
verify recommendations and feedback. I.e. if our trust engine tells you, “Your
friend Paul’s friend like this provider”, you can check on the blockchain that
there exists a friend of Paul (assuming you know Paul’s address) who endorsed
the provider.
Mary
| Satoshi Club: You’re building something perfect 😂
Jason
Eisen | UTU: I don’t… I have literally asked the
question “who do you trust?” to a few thousand people at this point
across the entire world…everyone answers the same, that they trust the people
they know (themselves, friends, family) caveated for context – this is what we
are building; that legacy digital trust systems ignored this was a function of
the limited economic activity on the net when such things were devised
[ 🤘 Sticker ]
Bastian
Blankenburg | UTU: We’ve been mostly working on our closed
source components since then, i.e. the API and SDK. However we’re about to
open-source the SDK. Our alpha version of the œternity UTU Trust Token is also
still a private repo, I think, but we’ll OS that too very soon.
D.
| Satoshi Club: got it! thanks for clarification
Mary
| Satoshi Club:You should help with vaccination, btw
As researched people
don’t want to vaccinate till they won’t see their nеighbors or relatives share
with them positive experience 😉
Bastian
Blankenburg | UTU: That’s interesting, do you have a link?
🙂
Jason
Eisen | UTU: That’s a great idea! We have thought at
various moments about how to apply UTU to solve the fake news problem in
general and have developed some proposals for public funding on the same. I
think I tweeted at Elon Musk once some time back about applying a reverse
implementation of UTU on Pravda…its a huge problem that we’d love to
contribute toward solving
Mary
| Satoshi Club: I will send to you later, it’s stats in
our country 😂
Bastian
Blankenburg | UTU: Yeah I think this could be dependent on
the location, but I think it might be similar here in Kenya.
Mary
| Satoshi Club: Yes, hope he will listen to you!
Think about this 😉
Thank you for your
answers! Ready to proceed?
Bastian
Blankenburg | UTU: yep
Q4 from Telegram user
@Korryl
UTU
is trust infrastructure for the internet and have native coin UTU Coin. Could
you explain what are the role from UTU Coin in your project? Is it for
governance, payment, or fees? Do we need to hold UTU Coin if we want use
product/service from UTU?
Jason
Eisen | UTU: that’s a @databu question
[ 👇 Sticker ]
Mary
| Satoshi Club: I remember that you explained last
time, but i think our new members need to read the answer😉
[ 👊 Sticker ]
Bastian
Blankenburg | UTU: Yes 🙂 I mean, for all of those,
though we’re still going back-and-forth on the exact governence mechanism that
we want. There is also UTU Trust Token (UTT) , which is awarded for
participation in the system, i.e. for providing endorsements, feedback and
other data. UTT is not tradable, because we want to make it impossible for
anyone to “buy trust”. But it can be converted to some limited extent to UTU
Coin.
I think that UTT should also be required for
governence, so that people taking part in governance have some proven
participation in the core mechanism. But additionally, requiring some staked
UTU Coin will prove even more skin in the game.
Mary
| Satoshi Club: What is your current governance system?
Who is boss?😀
Bastian
Blankenburg | UTU: Services served by UTU will also accept
UTU Coin as payments, and ultimately the recommendations will incur a fee,
which will be used to replenish the UTU Coin pool for conversion from UTU Coin.
D.
| Satoshi Club: do you have additional benefits for
token holders? like farming, staking, high APYs etc. you know, everything that
people love nowadays😄😉
Mary
| Satoshi Club: APY everywhere 🤣
Jason
Eisen | UTU: not at the moment but who knows what
may happen
D.
| Satoshi Club: 😉
Mary
| Satoshi Club: [
😉 Sticker ]
Bastian
Blankenburg | UTU: Currently the 3 UTU Coin pools for
conversion (ecosystem building), growth and team are held in multisig wallets.
But how we’re building the protocol is up to UTU Protocol at the moment…
Mary
| Satoshi Club: Gotcha! 😀
Thanks! Ready to jump
to the next question?😉
Jason
Eisen | UTU: yup
Bastian
Blankenburg | UTU: That said, we’re going to add a
governance protocol about protocol decisions, see the white paper from
utu.io/protocol
👍
D.
| Satoshi Club: nice!
Mary
| Satoshi Club: We will follow your updates!
Q5 from Telegram user
@V1ct0r_26
Not
too long ago, Facebook suffered an attack where people’s information was leaked
and hackers were selling it on the internet. That being said, could you give us
more details about how secure will UTU be? How can users be sure their personal
data that is entrusted to you won’t end up being sell on the internet?
D.
| Satoshi Club: let’s ask them about audit
@madamlobster 👀😄
Jason
Eisen | UTU: *sips coffee* waits for Bastian to come
with the technical fire
Mary
| Satoshi Club: Ahaha🤣 my favourite question
Jason
Eisen | UTU: you found video of me from new years
eve…
Bastian
Blankenburg | UTU: Our systems are well-secured behind an
auth gateway, and each client app’s data is stored in a separate DB..
Additionally, our trust API stores only data that client apps give us. E.g.
they could give us only encrypted profile data. Our trust engine is really
interested only in the relationships.
On the blockchain side,
the feedback and endorsements will be public to be verifiable, but can be given
pseudonymously. Though then it depends also on the client app and their users
whether they’re able to keep it so, or whether it could be de-anonymised. But
we’re also working on mechanisms to make this easier to enforce.
Mary
| Satoshi Club: Lol🤣
And as @Cool_as_Ice
asked me before can you tell us if UTU was audited?
Bastian
Blankenburg | UTU: Additionally, our partnership with
Oasis will enable us to provide users with a secure and privacy-preserving way
to share their data with selected services.
Jason Eisen | UTU: Yes by Hacken – https://medium.com/utu-trust/utu-collaborates-with-hacken-to-bring-trust-oracles-to-the-entire-crypto-ecosystem-65712d1de843/
Bastian
Blankenburg | UTU: The UTU Coin contract is audited, yes.
Mary
| Satoshi Club: I like your choice! Security confirmed😀
Jason
Eisen | UTU: We are all about trust…trust starts
with us
Bastian Blankenburg | UTU: Here: https://github.com/utu-protocol/utu-coin/tree/master/docs
Mary
| Satoshi Club: Waiting to see your systems are using
all around the world!
💪
Jason
Eisen | UTU: us too… though less waiting and more
pushing!
Mary
| Satoshi Club: Thank you for your answers! And just
6th and last question left from this part😀 ready?
Jason
Eisen | UTU: yup
Bastian
Blankenburg | UTU: sure
Q6 from Telegram user
@mctrho
According
to your roadmap, UTU is currently in the second quarter of 2021. In total, you
have 4 objectives for this quarter and I would like to know which of them have
been finalized and which objective are you focusing on at the moment. Can you
tell me a little about this? By the way, why doesn’t your roadmap contain the
future plans for Q4 2021 and 2022? You have not established concrete plans for
the future?
Jason
Eisen | UTU: Q4 is covered in the RoadMap…For
2022, we of course have our roadmap but have not published it yet as we tend to
operate quite lean and 9 months is a world away in time and learnings – we
wanted to leave some flexibility in the roadmap to integrate all the learning
that will happen over the remainder of the year
We are definitely on
track to achieve all our Q2 objectives on time
please send coffee to
our engineers…
Mary
| Satoshi Club: Which are the main goals for Q2?😄
Bastian
Blankenburg | UTU: Looks like you might refer to our
previous roadmap, from before the update. From our Q2 one, “Launch UTU protocol
testnet” is almost ready, “Release Android SDK” is somewhere mid-work, and
“Update DeFi Portal” means mostly integrating the now-released SDK to
provide direct user feedback, which we just began with (but should be simple
enough, given that our SDK is built to be integrated easily).
D.
| Satoshi Club: who knows what will happen in this year
with market, tough to plan things on 2022 already 😄
Jason
Eisen | UTU: We will launch the testnet with the
following main features:
The first
implementation of the UTU Token (UTT) smart contracts, where you receive UTT
for submitting accurate ratings, reviews, and recommendations.
The prototype of the
token conversion mechanism, where you can convert UTT to UTU Coin (UTU).
Preliminary models for
privacy-preserving endorsements and data usage rights controls.
Initial integration of
the testnet’s endorsement smart contracts into our Trust API and SDK.
Mary
| Satoshi Club: A lot of events 👏 it sounds
like you will have a journey to the moon soon🤣
Bastian
Blankenburg | UTU: Also, we do have big plans for the
future, the tricky part is that a roadmap requires putting them into an order,
but we also have to be responsive to our clients’ experience, market
developments etc. So we think that setting things in order for more than a year
is dubious, because it will change anyway. But yes, we could maybe add a
non-dated “long term plans” section or so.
Mary
| Satoshi Club: Sounds logical 😀
D.
| Satoshi Club: you have a wise approach 👌
Mary
| Satoshi Club: Thank you, guys! And live part is near 😉
Ready for the storm of
questions?
Bastian
Blankenburg | UTU: Let’s go
Mary
| Satoshi Club: Let’s go 🚀
Part
2 — live questions from the Telegram community
Q1 from telegram username @Karoech
If I am just a regular member of the UTU community,
is there an opportunity for me to participate in building the UTU project? Do
you provide a member engagement program that benefits both the member side and
UTU?
Jason Eisen | UTU:
We are working on modalities to engage all the trust guardians that are out
there and believe in our vision, to make use of the diverse skills and
experience from around the world. Just reach out in our TG to our admins about
how to become an ambassador/community manager. In Q3 we’ll open up some
additional channels for folks to support us
Q2 from telegram username @centoscu
How can we trust to your Trust API about if it
collects our private data?
Bastian
Blankenburg | UT: As mentioned,
the trust API in its most basic form only requires relationship data. Client
apps can decide what other data to provide, and on-chain data can be kept
pseudonymous. However, providing more data does allow the AI to make better
decisions. So we reward users for providing more data, but everything is
opt-in.
Q3 from telegram username @ysasoma
Which countries can currently use the UTU
infrastructure?
Bastian
Blankenburg | UT: Apps in any
country can use it. Currently the UTU API stores its data in the EU, so a
client app should ensure that storing the provided data there conforms to the app’s jurisdiction.
Q4 from telegram username @mem197
🧨
UTU works as a recommendation service based on reviews from friends, or
family, but this makes me wonder about how will UTU work for a person that is
the first one starting this sort of chain? What kind of recommendation will be
shown and how will it be different then from other review apps if there is no
one near them to provide their data and a trustfull review?
Jason Eisen | UTU:
This is a great question – the cold start problem. The answer is that we are
all way better connected than we realize and our networks often look a lot like
us and consume like us. If you think about your phone book, facebook, linkedin
– you’re probably connected to like 2/3 thousand people, and each of them is
probably connected to two or three thousand people. So your second level
network is 3000 to the 3000 power….it’s a lot of people. What’s interesting
is that we’ve also learned that trust has an 80% transitive property at the
first two levels before dropping to zero. In cases where you don’t have any
relational recommendations to be shown, we also work based on similarity of
users and contexts
Q5 from telegram username @My1queen
You want to launch testnet with some basic features
where users will receive UTT for accurate data. How do you check for accuracy
of the data?
Bastian
Blankenburg | UT: We don’t check,
because we’re not generally able to decide which data is accurate. Instead, or
mechanism is designed to reward “successdul” endorsements (and later other
feedback), i.e. those which lead to recommendations which have been followed by
others who then also endorsed the service. There’s also a penalty for the
reverse situation, i.e. users who follow a recommendation and then leave
negative feedback. Together this should lead to users trying to leave truthful
feedback.
Q6 from telegram username @meml97
🧨 It is not a secret for anyone that apps
like Instagram, Facebook and such, tend to trespass our privacy without us even
knowing to obtain more information in order to give recommendations more
suitable to us. So, with this said, how will we know that UTU is not “spying”
on us like those apps? What guarantee do you give us that will make us sure
that the information we decide to provide you is the only one you really get?
@databu @UTUman
Jason Eisen | UTU:
We believe in data as human right and are building to this effect. It’s why we
dencentralized our trust infrastructure, to ensure it’s perpetual benevolence
for the net.
Q7 from telegram username @K2ice
Is there any form of sales for the UTT tokens or the
tokens are just only awarded for participation in the system?
Bastian Blankenburg | UTU: UTT can never be bought, only earned through
participation.
Q8 from telegram username @smelekin
What is the service fee you require from your
partners, users and customers?
Jason Eisen | UTU:
We are still iterating on business models but generally working with a pay as
you go consumption fee model – $0.01 or less per query of the API depending on
volume, with a free tier for small projects to build on our infrastructure from
the start when they have limited resources.
Q9 from telegram username @Johana0012
Trust” is based primarily on personal
relationships with respect to human actors (but may have additional
transactional components), as well as the type of interaction (eg, requesting a
certain type of service) and its
context. What are the data that a
user has to provide to UTU in order to enjoy the recommendation system? If the user refuses to provide data to UTU,
will she still receive a recommendation system?
How do you carry out the analysis of personal relationships? @databu
@UTUman
Jason Eisen | UTU:
Absolutely…much of our work over the past years has been about identifying
the relevant context factors you mention for different sectors, countries,
understanding which exogenous factors influence decision-making and how we can
model those factors in. Of course the strength of the recommendations we can
show is limited by the data a user shares and gives permission for us to use
but the value proposition is essentially – Share more data, get better
recommendations. It’s up to every user to share data and set their privacy
according to their wishes and needs.
Q10 from telegram username @JasmineSha
Is it true that more UTT I have means more trust is
granted to me, If so why should I keep trust token UTT with me while I can get
tradable UTU token?
According to roadmap, UTU API will make users rate
other users, how this will help UTU to achieve the goal, to be the trust
infrastructure of the entire internet? are you building a network of trusted
people?
Bastian
Blankenburg | UT: > Is it true
that more UTT I have means more trust is granted to me
Sort of, it means that
you participated and that other users endorsed your endorsements, so there was
value that you contributed to the system. But whether other users trust you, is
still up them — we never tell users who to trust, we only provide relevant
information at the right time to make that decision.
> If so why should I
keep trust token UTT with me while I can get tradable UTU token?
Chances are that you’d
want to convert part of it to UTU Coin, yes, but this is available only up to
some amount per day, and you need to win an auction to do so. Otherwise, having
many UTT just might improve your “standing” with other users, as noted above.
Part 3 – Quiz Results
As usual, for the third
part, Satoshi Club Team asked the chat 4 questions about the crypto project. A
link to a Quiz form was sent into the chat.
For
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