DueTrace Launches the World's First "Mutual Consent" Debt Tracker to End Awkward IOU Conversations
DueTrace introduces a secure, ad-free platform to document personal IOUs and shared expenses, featuring industry-standard encryption, a permanent financial ledger, and support for 9 languages worldwide.
Nicosia, Cyprus, August 30, 2026 --(PR.com)-- N.T.S. I.T SOLUTIONS LTD is proud to announce the official launch of DueTrace, a groundbreaking personal finance application designed to permanently resolve the awkwardness and disputes associated with lending money to friends and family. Available now on iOS, Android, and Web, DueTrace introduces a first-of-its-kind "Mutual Consent" architecture to the personal debt-tracking space.
Unlike traditional expense-sharing apps where any user can unilaterally add a debt to a shared ledger, DueTrace operates on an untouchable core principle: immediate mutual consent is an irreversible final settlement. The app requires explicit approval from both parties before a transaction is recorded, eliminating the need for further arguments, physical receipts, or photo proofs.
"Money matters between friends and family should be built on trust and clarity, not misunderstandings," said the development team at N.T.S. I.T SOLUTIONS LTD. "We built DueTrace to provide a secure environment where the financial ledger is permanent, and shared expenses are documented with absolute transparency."
Key Features of DueTrace Include:
Absolute Mutual Consent: Pending transactions are never shown in the balance until explicitly approved by the other party, ensuring 100% accuracy and trust.
Unique Identity System (Short Codes): Users connect via a permanent, public 6-character identity (e.g., ABC-123), maintaining privacy while making it simple to find and add peers.
Global Reach & Multilingual: Fully localized into 9 languages spanning Europe, Asia, and the Middle East — including English, Arabic, French, Spanish, Chinese, Hindi, Portuguese, German, and Urdu — with seamless WhatsApp and Email authentication.
Instant Financial Summary: A global financial overview grouped by currency gives users a comprehensive, at-a-glance view of all recorded debts and credits across their ledgers.
Security & Offline Mode: Built with industry-standard encryption and a continuous security review process, DueTrace also features remote session termination and full offline independence with a secure local-first architecture.
DueTrace operates globally and supports multiple ledgers and currencies. The core application is 100% free and strictly ad-free, respecting the sensitivity of personal financial data. It is intended exclusively for personal tracking and organization, and does not process or facilitate the transfer of real funds.
For more information, press kits, or to download the app, please visit:
https://duetrace.com/press.html
Unlike traditional expense-sharing apps where any user can unilaterally add a debt to a shared ledger, DueTrace operates on an untouchable core principle: immediate mutual consent is an irreversible final settlement. The app requires explicit approval from both parties before a transaction is recorded, eliminating the need for further arguments, physical receipts, or photo proofs.
"Money matters between friends and family should be built on trust and clarity, not misunderstandings," said the development team at N.T.S. I.T SOLUTIONS LTD. "We built DueTrace to provide a secure environment where the financial ledger is permanent, and shared expenses are documented with absolute transparency."
Key Features of DueTrace Include:
Absolute Mutual Consent: Pending transactions are never shown in the balance until explicitly approved by the other party, ensuring 100% accuracy and trust.
Unique Identity System (Short Codes): Users connect via a permanent, public 6-character identity (e.g., ABC-123), maintaining privacy while making it simple to find and add peers.
Global Reach & Multilingual: Fully localized into 9 languages spanning Europe, Asia, and the Middle East — including English, Arabic, French, Spanish, Chinese, Hindi, Portuguese, German, and Urdu — with seamless WhatsApp and Email authentication.
Instant Financial Summary: A global financial overview grouped by currency gives users a comprehensive, at-a-glance view of all recorded debts and credits across their ledgers.
Security & Offline Mode: Built with industry-standard encryption and a continuous security review process, DueTrace also features remote session termination and full offline independence with a secure local-first architecture.
DueTrace operates globally and supports multiple ledgers and currencies. The core application is 100% free and strictly ad-free, respecting the sensitivity of personal financial data. It is intended exclusively for personal tracking and organization, and does not process or facilitate the transfer of real funds.
For more information, press kits, or to download the app, please visit:
https://duetrace.com/press.html
Contact
N.T.S. I.T SOLUTIONS LTD
Ahmad Aldaher
+966559740014
https://duetrace.com
Ahmad Aldaher
+966559740014
https://duetrace.com
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