One of the goals achieved are ' financial freedom '. That is to say, that the more the public can access financial services from banking. In addition so that banking services also can expand its network without having to build a physical outlet such as a branch office, maid service, and so on.
The existence of the electronic money will hopefully encourage the realization of cashless society or society can run its economy without having to use physical or cash money (either paper or metal) to perform a variety of transactions or payment.
Electronic money is distinguished into two types according to the payment system, i.e. credit cards and prepaid cards. Credit card technology lets users get some money with the way owe the bank without the need to file a demand loan in each transaction. While the card is a prepaid card that allows you to bring money in digital form to which face has you enter first before or also known as toll system. In other words, a credit card bring money that you will borrow on the bank, while prepaid card is the money you have in digital form.
Advantages of electronic money is that we will not need to bother carrying extra cash everywhere. Nominal because the slightest will still be recorded in the card. Then from the aspect of security, credit cards are more risky than prepaid cards. When the owner of a lost credit card, can be used by anyone to Transact anywhere. To prevent unwanted debt swelling, the owner of the card is obliged to report and block the credit card in his name. Unlike the prepaid card, the maximum nominal can be stored in a specific jumplah. So the disadvantage of losing the prepaid cards will not be obtained when losses of losing a credit card.
Rapid growth of e-commerce remains unstoppable. However, the industry itself is still ripe for improvement as concerns over data protection, cybersecurity, money laundering, and the monopoly of various sectors mounting. In addition, online shopping is not only annoying, but also complicated. Think, for example, that all registration, verification, password and recovery following the daily online customer experience
What is Safein?
Safein is built by a great architecture to allow users to keep their properties, as well as currencies and secrets in open accounts on our platform. Safein will go into various business areas where the combination of having all of the above brings benefits to the users online and offline. Safein's top priority is to remove too many KYC registrations and procedures.
At the same time, Safein will standardize crypto payments on all ecommerce sites. Currently, no large-scale Payment Service Provider accepts fiat and crypto payments. Safein will solve this problem by allowing users to pay for their items directly using their Safein wallet regardless of the currency in the account.
Safein has just released our MVP which can be tested on their website. This allows you to create an account, verify and add it to your mobile device and try to subscribe easily to some of our demo sites. The whitelist of Safein will start on March 1. The only current TGE with their live MVP version, this is great. You can try MVP here on the Safein MVP Registration page.
As we see the rise of e-commerce, the industry is still facing improvements as concerns about data protection, network security, money laundering and the monopoly of many industries. different. One can assume that the internet is designed without a layer of identity, noting that the daily movement has become a big struggle, having to use your passport on most investment sites.
There is nothing better than the view of a merchant. Market research shows that new users can charge an online service provider up to $ 20 per new customer to join, with a total of annual bulls for guaranteed over-identification. EUR 3.5 billion in the United Kingdom alone. Worse yet, there should be other good luck to collect, manage and store the collected personal data correctly.
Safein’s key features
Safein’s key features include:
- Multi-Factor Authentication Mechanism and Digital Identify Management, KYC Procedure Engine, Digital Wallet, and Payments.
- With Safein, users can now save their personal information and the details about their tokens in the platform with the purpose to make the KYC process easy for the shoppers and merchants. This will help the shoppers feel at ease while shopping online.
- In addition, Safein will also allow direct payment from the Safein wallets of a shopper in regardless of the which kind of cryptocurrency held in the account.
- One more interesting point is that they have already had the MVP which can guarantee their ability to implement the product. You can now try out Safein’s features by using their MVP application. With their MVP, you can create an account, verify the account and connect it to your mobile phone. This will now enable you to register easily on other platforms.
The Safein Goal
Safein would like to become the best single sign-on digital identity and payment system in the world which contributes to the revolution how people are making payment, signing up on online platforms and finalizing KYC processes only just with 1 click.
Besides anonymous login, the users can have a complete control. After every successful login, the Safein’s users can make payments in a seamless and quick way with low transaction fees; and securely save the fiat or cryptocurrencies. Safein is able to convert automatically and deliver the users’ funds in the merchant’s preferred way.
BENEFITS OF SAFEIN
We believe that our services will be desirable by both merchants and users. By employing our services, users would benefit by/from:
1. Being able to skip multiple time-consuming registration,s and gain access to any services immediately with no delays for identity verification or transfer of deposits;
2. The end of management and recovery of numerous user accounts with different passwords;
3. Ability to buy from a merchant offering the best prices or products rather than from the one user already has a verified account with;
4. Ability to instruct chosen networks to cease collection of respective user’s data as well as delete the data collected on the user;
5. Significantly lower transaction fees as well as an ultra-convenient way to make payments in both fiat and cryptocurrencies;
ICO detail:
• Token: SFN
• Price: 1 ETH = 7,000 – 9,000 SFN
• Pre ICO Price: 1 ETH = 12,000 SFN
• Bounty: Available
• Minimum investment: 0.1 ETH
• Platform: ETH
• Accepting: ETH
• Soft-cap: 6,000 ETH
• Hard- cap: 40,000 ETH
• Country: Lithuania
• White list/KYC: KYC & White list
• Restricted areas: USA
Token Information and Distribution
SFN is the only official token of the project. The total number of released token is 1 billion (1,000,000,000 SFN) and no more tokens will be issued. Safein token is used for any kind of transaction in our platform. Customers can do their shopping by using SFN token and merchants can get their payments via the token system and both of them will be compensated as per their functionality.
The team allocated the most part — 32,25% — of the total number for 2 stages of sale (322,5 million).
- Pre-sale: will happen from April 05, 13:00 UTC until April 24 13:00 UTC, 2018. The minimum investment per person is 0.1 ETH. Investor may receive the bonus up to 71% to a price of the main crowdsale. The number of SFN for sale in this period is 22,500,000 SFN and the Hard cap is 2,000 ETH
- ICO (main crowdsale): will happen from April 25, 13:00 UTC until May 25, 13:00 UTC, 2018. The minimum investment per person is 0.1 ETH. The number of SFN for sale in this period is 300,000,000 SFN and the Hard cap is 40,000 ETH
All values indicated in ETH in their whitepaper are subject to change before the start of the ICO in case of large fluctuations in market price of ETH.
Should any part of the tokens allocated to ICO not be distributed during the ICO, such tokens will be returned tothe company and added to its reserve for further development. In case of failure to reach the Soft cap, all contributions will be returned to their original owners.
The Safein ICO will be distributing 10% of the total token supply to cover the costs such as: Further development of our product; Crypto payments functionality; Smart Contracts for Login Pool; Safein payment solution with internal transaction processing system; Acquiring EMI license; Onboarding at least 500 merchants; ICO expenses and marketing.
ICO funds allocation
•Developing cryptocurrency wallet and payments functionality
• Obtaining the Electronic Money Institution license
• Launching fiat deposits and merchant payments in EUR, GBP, USD
• Acquiring first 500 mid- to large-scale merchants
• Administrative, operational and staffing expenditures for 2 years
Details Information :
Website : https://www.safein.com/
Whitepaper : https://www.safein.com/summary/safein_whitepaper.pdf
Facebook : https://www.facebook.com/safeincom/
Twitter : https://twitter.com/safeincom
Telegram : https://t.me/safeincom
My Profile Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=1284503
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