Hi all, we’ve not been very active on the forum but all that changes now! UTU is no longer in semi-stealth mode and excited to share a lot of news about what we’ve been up to! Check the announcements channels soon. In the meantime, I just thought I’d share a few words (and links) about us. Check us out at protocol.utu.io
At UTU we believe in a more human-friendly internet. We are pioneering digital models of trust built around human beings and how we naturally trust. UTU’s vision is to become the trust infrastructure of the entire internet, replacing anonymous star ratings, reviews, and scores as the de facto trust mechanisms of digital commerce. We do this in service of our mission to protect data and privacy as we help make the internet a safer, more trusted place to gather, share, work, and trade.
UTU’s core innovations are at the intersection of distributed artificial intelligence, multi-agent systems, privacy preservation mechanisms, and machine learning to build individualized, contextually aware models of human trust. We serve up this intelligence as Trust Infrastructure as a Service (TIaaS) to mobile/online platforms and marketplaces around the world whose users face any type of risk in their transactions – emotional risk, financial risk, business risk, or personal/physical risk. UTU’s trust infrastructure helps reduce user fear and risk perception to drive all key platform metrics. We are building on æternity blockchain to ensure total user ownership and control over data, the elimination of ratings and review fraud, and to monetize the building of trust.
UTU’s journey began back in 2013 when the UTU Founders started MARAMOJA, the first taxi app in Africa, using a localized model that emphasized the importance of interpersonal trust. This approach demonstrated huge impacts on the mobility app’s key metrics and differentiated us from other mobility apps. Our mobility business is currently scaling out across Africa through local franchise partners. We have 15 countries under franchise agreements already and expect to be on the ground in 25 African cities by the early of 2020, bringing millions of Africans into the æ ecosystem when our protocol goes live. We believe we could comprise a plurality of all æ transactions by end of 2020 (consider this a friendly challenge to all other æpps! )
We currently have a team of 17 at our HQ in Nairobi and an R&D collaboration with the Agents, Interactions, and Complexity Group at the University of Southampton in the UK. We have received investments from our friends at AE Ventures, leading global AI investors such as SoftBank Group Subsidiary DEEPCORE Investments and ZEROTH.AI, Kepple Africa Ventures, and frmr. Director of Architecture at NVIDIA, frmr. Director of Engineering at Facebook and Google Matt Papakipos.
UTU and MARAMOJA have been featured variously in international media, including Wall Street Journal, Pitchbook, NPR, TechCrunch, ai tv, Analytics India, Aithority, Disrupt Africa, How We Made it in Africa, BitcoinKE, and many others others.
We recently won the East Africa Regional Championship of the Pegasus Tech Ventures Startup World Cup, made keynote addresses at World AI Show, AI Expo Africa, æternity Universe One. Our CTO participated in the IC3 Winter Retreat last year and frequently lectures on blockchain at two Kenyan Universities. We also run an awesome community space for blockchain and AI projects in Kenya, called UTU House.
Come visit us!