Sarf: A Cryptocurrency For An Everyday Use

Introduction

Blockchain and Smart Contracts open many doors to new decentralized businesses and eliminates the need for expensive third parties. Many new companies are now working on this technology, and large companies are testing it in closed networks to collaborate directly with each other without the need for intermediaries.

For that reason, there is a lot of projects that are starting to use this new technology. However, not all of them are worth it. We have to read well what each project is dedicated to, what is its whitepaper, its qualified advisors, etc. As I said, blockchain technology has gained popularity due to the hype about cryptocurrencies which has shaken many startups to launch their own cryptocurrencies even without convincing fundamentals. This trend has emerged because new entrants have been more agile in adopting emerging technologies compared to incumbents who are hampered by legacy systems. However, this competitiveness and this advantage enjoyed by the new players may be short-lived, as no economies of scale are taken into account.

Moving to the topic, failures in the current financial infrastructure have led to an increase in the popularity of alternative banking / transaction systems. Services built on a decentralized network offer a faster and less expensive means of conducting transactions while providing better security as well.

For this reasons, I want to introduce you Sarf (XRF), a project designed with the purpose of helping people from all over the world to convert, send and receive digital currency quickly and safely. in the most appropriate manner without the participation of a central authority.

Definition

As I said, Sarf (https://sarf.io/) is a unique and safe exchange sample for global electronic commerce that believes that crypto-currencies have the potential to change the world. The idea is to be able to change the entire distribution of wealth and give access to unbanked people to the same type of financial services as everyone else. To do this, they are building products that allow people to do things that are not possible today. SARF expands Blockchain's current capabilities to adapt technology for business use and daily use and daily use.

Goals

The main objective of Sarf is to help people from all over the world to convert, send and receive digital currencies in a fast and safe way without the participation of a central authority. The SARF project was developed to allow people to send and receive digital currency quickly and safely without the need to involve the central office.

Features

SARF Exchange

The purpose of the Exchange SARF platform is to allow users to exchange coins for SARF tokens and personalized tokens and vice versa. Users can exchange SRFs, stable tokens and tokens that they have created with a low commission per SARF currency transaction depending on the ability to change and their use.

SWallet

Designed to store the tokens built on the Sarf Network. The SWallet will also allow a link between the stable Sarf tokens and the Sarf credit card, allowing users to finance their prepaid card to use it anywhere credit cards are accepted.

SARF Card

To use the SARF Crypto-currency card, as long as crypto-currencies are not accepted, a prepaid credit card is offered which can also be linked to SWallet.

Advantages

Protect your money: The Blockchain technology provides a secure environment for the storage and transfer of funds.

Fast transaction speed: The transactions in the Sarf Network are almost instantaneous, instead of taking hours or days to arrive in the traditional electronic transfers.

Accept stable tokens: Stable tokens are designed to maintain their value in relation to the real currency, and constitute an excellent reserve of value with very little fluctuation.

Decentralized Network: There is not a single point of attack or failure, with a decentralized and distributed computer system, which offers redundancy and security.

Bounty program

The project gives the opportunity to earn Sarf Tokens performing some social media tasks and doing simple steps from the bounty program explained into the following Bitcointalk Webpage here (https://bitcointalk.org/index.php?topic=4709743.0), where you can access the link in order to see what are the conditions to become an early XRF contributor and start acquiring tokens.

For more information about the project, you can visit and read their WhitePaper available here (https://sarf.io/assets/files/white-paper.pdf) or their ANN Thread here (https://bitcointalk.org/index.php?topic=4700950). You can also stay tuned in their official Telegram Channel (https://t.me/SarfProject). I hope you liked the post and soon I'll send you new ones.

Tokenomics

The Sarf project will have a native cryptocurrency, called SRF, tokens called Stable Tokens, a currency exchange and a credit card. The Stable Tokens can be used as crypto-currency so you can buy and transfer money with them. The purpose of the exchange will be to allow users to exchange SRF and stable tokens for FIAT currencies and vice versa. The credit card will be connected to the Sarf wallet (called SWallet), and will allow users to pay for their purchases with their digital currencies.

Token details

Token: XRF

Platform: Ethereum

Type: ERC20

Pre-ICO Price: 1 XRF = 0.01 USD

Price in ICO: 1 XRF = 0.015 USD

Tokens for sale: 750,000,000

Roadmap

August 2018: Pre-ICO & ICO

December 2018: XRF Wallet Launch

Q3 2019: Testnet launching

Q4 2019: Sarf cryptocurrency and exchange launching.

Q1 2020: Launching of the credit card offered by Sarf and the merchant payment machine

Team

Author Details

Email: adria.parcerisas.albes@gmail.com

Telegram username: @clauming

Bitcointalk username: adriaparcerisas

Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1870482

Ethereum address: 0xC6AB45541006D53D31E25b41c7d245c5Ad99BF71