By combining the decentralized blockchain principle with identity verification, a digital ID can be created that would act as a digital watermark which can be assigned to every online transaction. The solution can help the organizations to check the identity on every transaction in real time, hence, eliminating rate of fraud. Consumers will be able to login and verify payments without having to enter any of the traditional username and password information. Through blockchain solutions, consumers can simply use an app for authentication instead of using traditional methods, such as a username and password. The solution will store their encrypted identity, allowing them to share their data with companies and manage it on their own terms.
If you have several accounts for marketplaces and you are thinking about joining other websites or services. But then again, do you remember all of your accounts user IDs and passwords? How do you manage each of the password? How can you keep everything organized – and not forgetting the details? Do you think you can manage a new password?
If you think that you can apply the same user IDs and passwords for all of your accounts, it is risky. If someone, by chance, is able to predict your habits, they can easily break into your accounts and drain your wallets. But if you choose different IDs and passwords, do you think you can remember more than 5 items? Do you think you can manage?
https://youtu.be/bgeWQo29fBk
Security must be a primary focus while managing your identity and wallet online. Safein will have a multi-factor authentication mechanism implemented from the very beginning.With Safein, users will not only be able to fully control their logins and actions, but track and manage them as well. Users will be able to see their full activity history, including logins and payments, track their used devices, manage current active login sessions and cancel them at any time. Users will also be able to easily check which website has access to certain data. Most of the functionality related to identity management is already available in the MVP.
Safein lets you control your data, which means you always know what websites know about you. You can login online anonymously or only share data that the website really needs. You don’t have to go through a complex login process and enter the same data every time you sign up for a new online service. Plus, you can revoke data access permanently with a single click.Safein has a web panel where users can control their access privileges. You access the panel through a mobile app or web browser. Through this panel, you can view your entire activity history, including registrations, logins, and payments.
SFN token will be used as the main currency for this platform – commission, rewards, etc. If you have a business and you actively use this platform for managing your payments, enjoy SFN rewards on a monthly basis. You can get cashback benefit and another profitable outcome. Safein also offers this token as a part of ICO investment, meaning that you can buy the token now while it is still low in price. Once the platform is released and starts, the value will definitely increase.
The Safein ICO is scheduled to begin on March 20, 2018. The ICO will have a soft cap of 3000000 $ and a hard cap of 21000000 $
The exchange rate will be set at 1 ETH = 9000 SFN. SFN tokens are ERC20 tokens on the Ethereum blockchain. There’s a total supply of 1 billion SFN tokens, with 100 million tokens available during the token sale (10% of the total supply).
Of the remaining supply of tokens, 60% is set for a company reserve fund, 10% for the Safein registration pool, 10% for the Safein team and advisors (with a 6 to 24 month lockup period), 5% for the Safein login pool, and 5% for the Safein referral program.
More information about Safein you can visit this link :
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
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Bitcointalk profile link : https://bitcointalk.org/index.php?action=profile;u=1084584
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