Safein: A Sign of Digital Identity and a Payment Portfolio

Maret 22, 2018

https://www.safein.com/

Safein intends to become a fully-licensed EU electronic money agency with the ability to receive and process payments in accordance with the law. Users can store their crypto and fiat currencies in one wallet and convert them from one to another. The main crypto-currency, including Bitcoin, the Ethereum ERC20 token and other popular cryptoes, is supported. The currency conversion function, for crypto and fiat, will become the standard for all currencies with 0.5% markup of the best available interest rates on the market. If you own an EU electronic money (EMI) license, Safein can connect to the SEPA network and provide IBAN codes to all our users. Once available, Safein will become a step closer to a standard tool for daily use. Moreover,

Safein offers a unique solution for users and sellers. Users can log in directly to the website without registration. The Safein account simultaneously provides the information required for customer acceptance and service to the merchant. For example, if a user enters a forum, the forum usually only needs to know the display name of the user or a unique ID that allows users to be separated from others. In this case, Safein will not reveal any data such as the complete username, address, etc. Instead, it only gives the forum the required username. On the other hand, if the same user buys a physical book, the seller also receives the full name and full address of the user for delivery. However, users have complete control over their data at all times.

Multi-Factor Authentication Mechanisms And Management Of Digital Identity

Security should be the main focus when managing your identity and wallet online. Safein will have implemented a multi-factor authentication mechanism right from the start. When integrating Safein, each trader can choose the minimum level of security he needs from his users. For example, a merchant may request all logins on the merchant's website and all payments must be confirmed by the user on the mobile device - ie (i) push notifications appear, (ii) the user must identify himself by means of the PIN or fingerprint on the mobile Safein application and (iii) approve login or purchase. Users (on their panel) can also increase the overall security level for each website individually. For example, certain websites do not require confirmation of the mobile device to log in to the website.

MVP

With Safein MVP, users can now create accounts on the Safein platform and link these to mobile devices. Safein is currently integrated on demo websites where users can log in with Safein without signing in, adjust their security level for different websites, monitor their logon activity from their mobile devices and close active incoming sessions at any time. This website can be found at: www.curonian.com. Additional features available soon.

Benefits Of Safein

We believe that our services will be very popular with both sellers and users. By using our services, users benefit from:

You can skip multiple registrations that take a lot of time and have immediate access to any service without any delay in identity verification or deposit transfer;

End management and recovery of multiple user accounts with different keywords;

Possibility to buy from traders offering the best price or the best product than from a single user who already has a verified account;

Convenient one-stop-shop for both, easy online access and payment;

The disclosure of complete and clear customer data is forwarded to the website;

Improve their data security for cyber security;

The ease with which the company collects its personal data (eg Safein) is reliable and will be able to protect it;

Transaction costs are much lower and also a very simple way to make payments in fiat and cryptocurrencies;

Anonymity increases and protects against unexpected data and spam activity;

Ability to assign the selected network to stop collecting individual user data and to erase data collected about the user;

Cashback and further rewards for the loyalty and use of our services.

Increased conversion rate due to fewer customers who avoid new registrations;

Reduce the cost of user authentication procedures (since we will make such verifiable users available for free) and significant savings in the account recovery / password recovery section.

Losses must be feared for compliance with the GDPR and data protection rules in other countries;

Reduce the risk of customer data leakage via the internet;

Access to our growing user group, encouraged to use services from our partners;

Ability to receive payments from users who both pay, fiat and crypto;

Reduce transaction costs;

Integration with one plug-in;

The ability to correctly identify the location of the user and the applicable legal regime;

Discount commissions and further rewards for the use of our tokens and services.

Token

Retailers using Safein can reduce their transaction costs by keeping the SFN token. Each SFN token has the right of a seller to process a certain payment amount per month without commission. The initial multiplier, immediately after the launch of the payment, will be 10, that is, each SFN token will receive the seller 10 SFN tokens worth of payouts without commissions that month. The multiplication factor gradually decreases within 5 years after the date on which the payment is started. This will result in a very high token request from the beginning and traders who buy tokens during ICO get the most profit because they can buy it at the lowest starting price - 1 ETH = 9,000 SFN.

Safein ICO and Token Details

I CO start: 20 March 2018

1 ETH = 9000 SFN.

Softcap: 4000 ETH

Hardcap: 12,500 ETH

Symbol: SFN

SFN token = ERC2

Platfrom: ETherium

total token: 1 billion SFN token,

for sale: 100 million tokens (10% of the total supply).