Safein - Secure Access and Payment on any Website in Two Clicks

Reank85

Hallo in this latest post I will discuss about Project Safein, may be usefu

The 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 monopoly of various sectors are on the rise. Moreover, online shopping is not only troublesome, but also complicated. Imagine, for example, that all password re-enrollment, verification and recovery follow the online customer experience every day.

We believe that outdated technology should be blamed for almost all of these problems.Therefore, we think it's time to improve this by embracing the modern way of managing your online identity and your shopping experience.

What is Safein?

Safein plans to become a fully licensed EU electronics dealer with the ability to receive and process payments in accordance with the law. Users will be able to store their crypto and fiat currencies in one wallet while converting them from one to another. The main crypto currency, including Bitcoin, popular Ethereum ERC20 tokens, and other popular cryptoes will be supported.

The function of currency exchange, for crypto and fiat, will become the standard for all currencies with 0.5% markup of the best interest rates available in the market. E-licensed electronic money (EMI) will enable Safein to connect to SEPA networks and provide IBAN codes to all of our users. Once available, Safein will be one step closer to becoming a standard instrument for everyday use. Other than that,

Safein provides a unique solution for users and merchants. Users will be able to log in to the website directly without registration. The Safein account at the same time will provide the information needed for client acceptance and service provision to the merchant. For example, if a user enters a forum, the forum usually only needs to know the user's display name or unique identifier that enables it to separate users from others.

In this case, Safein will not reveal data such as full username, address, etc. Instead, it will only provide the forum with the required username. On the other hand, if the same user buys a physical book, in addition, the merchant will be given the full name of the user and the address for delivery. However, users will have full control over their data at any time.

Multi-Factor Authentication Mechanisms And Digital Identity Management

Security should be the main focus when managing your identity and wallet online. Safein will have a multi-factor authentication mechanism implemented from the start. When integrating Safein, every trader will be able to choose the minimum level of security he needs from its users.

For example, merchants may request all entrances to merchant sites and all payments must be confirmed by users on mobile devices - i.e. (i) push notifications appear, (ii) users must identify themselves via pin code or fingerprints on the mobile Safein app and (iii ) approve login or purchase. Users (on their panel) can also increase the general security level for each website individually. For example, even if certain websites do not require a confirmation of a mobile device to log in to a website.

KYC

The Safein team is currently in talks with the world's leading automated ID verification service provider to deliver highly accurate results using AI-supported document checking algorithms. Such an examination, where users only need to scan their identity with their camera and take narcissistic photos, will be enough for most of the usage. Some advanced verification, where users must adhere to very specific rules (for example, multiple cryptocurrency exchanges), will be done manually by the Safein team. This can take up to several minutes, but compared to the recent waiting period for some exchanges, this remains a radical improvement, especially considering that the user only needs to do it once.

Buyer Protection Mechanism

Most merchants are well aware of issues arising from credit cards and deceptive refunds.One of the biggest advantages of crypto payments is that it can not be changed anymore. In eCommerce standards, merchants are considered to be a more trusted party, therefore buyers need to send payments first. Dispute resolution resolution and dispute resolution mechanisms are created to help buyers recover funds from merchants who fail to deliver the goods or deliver them in an unsatisfactory manner. However, this mechanism has recently been misused by fraudsters and con artists in opposite ways.

MVP

Safein MVP now allows users to create accounts on the Safein platform and connect them to mobile devices. Safein is currently integrated on demo websites where users can sign in with Safein without registering, adjust their security level for various websites, track their login activity from their mobile device, and close active active sessions at any time.

Benefits of Safien

We believe that our services will be in demand by merchants and users. By using our services, users will benefit from:

Can miss a lot of time-consuming registration, get access to any service immediately without any identity delay. verification or transfer of deposit;
End the management and recovery of multiple user accounts with various keywords;
Can buy from merchants offering the best price or product than from one user who already has a verified account;
Convenient one-stop shop for both, easy online access and payment;
Clear and complete disclosure of customer data forwarded to the website;
Increased security of their cybersecurity data
The convenience that the company collects their personal data (ie Safein) is trustworthy and will be able to protect it

Safein Token

Merchants who use Safein will be able to reduce their transaction costs by holding SFN token. Each SFN token holds the merchant's right to process a certain payment amount per month without commission fee. The initial multiplier, right after the payment launch, will be 10, ie each SFN token will let the merchant receive 10 SFN token payment points without commissions that month.

The multiplier will gradually decline within 5 years from the date the payment is launched. This will result in a very high token request from scratch, and merchants who buy tokens during ICO will get the most benefits because they can buy it at the lowest initial price - 1 ETH = 9,000 SFN.

Token Sales Details

Tokens Sale Schedule April 25, 2018

Buy a Ethereum Token

Price Token 9000 SFN / 1 ETH

Bonus -

Total Token Supply 1.000.000.000 SFN

Roadmap