Hello, this time I will review about a data security called Safein.
Our platforms are uniquely useful to users and merchants. First, users will undoubtedly appreciate the end of re-enrollment, KYC recovery and passwords, replaced by the instant access provided by our multi factor authentication solution. In addition, it does not have an excessive account providing better security and data protection, both of which are highly valuable to any consumer. Finally, the ability to make easy payments in selected media has long been wanted by the market - Safein will also meet this need to enable a smooth payment experience for all users and its merchants.
Merchants also benefit from our platform because Safein significantly reduces merchant fees for installing and verifying users. Furthermore, Safein reduces transaction costs and can remove issues because it has to manage lost keywords for customer support. Marketers also get easy access to crypto payments at the lowest commission charge on the market with a free identity verification tool. In addition, merchants who have Safein tokens in their wallets will be able to process payments without commissions. Our platform will also help improve user confidence and conversion rates and protect them against unintentional violations of increasingly complex data protection rules and processes.
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 the monopoly of various sectors are mounting. Moreover, online shopping is not only troublesome, but also complicated. Think, for example, that all password re-enrollment, verification and recovery follow a daily online customer experience.
We believe that outdated technology must be blamed for almost all of these problems.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.
SAFEIN BENEFITS
- We believe that our services will be in great demand by both merchants and users. By using our services, users will benefit from:
- Be able to miss a lot of time-consuming registration, get access to any service immediately without any identity delay. verification or transfer of deposits;
- End of management and recovery of multiple user accounts with various keywords;
- Be able to buy from merchants who offer 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;
- Disclosure of complete and clear customer data forwarded to the website;
- Increased security of their cybersecurity data;
- Convenience that the company collects their personal data (ie Safein) is trustworthy and will be able to protect it;
- Transaction costs are much lower and also a very easy way to make payments in fiat and cryptocurrencies;
- Increased anonymity, and protection from unexpected data and spam activity;
- Ability to instruct the selected network to stop the collection of individual user data as well as to remove data collected on the user;
- Cashback and further rewards for the loyalty and usage of our services.
GROWTH STRATEGY
The success of Safein is based on user growth and a fast trading base. Safein will not work if not widely used. Given this imperative, one of the key project priorities is to adapt every part of the project (including token model, marketing strategy, business strategy and technical development) to user growth and fast merchant base. The Safein token model is designed to incentivize both users and merchants to use Safein as much as possible.
The Safein team will use different strategies tailored for users and merchants. Our user base growth strategy initially depended on the Referral Program. This strategy is actively used by PayPal, Airbnb, Dropbox and other companies that achieve virus growth. Initialization of users will be achieved by registering users during our ICO and then launching our referral campaign. 5% of the generated Safein tokens will be allocated to the Referral Program. With the initial critical mass of registered users during our ICO, our user base will grow exponentially. Starting an active marketing campaign in a particular industry, as mentioned in the previous section, will allow us to show users the benefits of having a single login for the most popular website. A similar example can be seen in the gaming industry.
MULTI - ECHANISM FACTORAUTHENTICATIONM 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. While integrating Safein, every trader will be able to choose the minimum level of security he needs from its users. For example, a merchant may request all login to the merchant's site and all payments must be confirmed by the user on the mobile device - ie (i) push notifications appear, (ii) the user must identify himself through the pin code or fingerprint on the mobile Safein application 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.
With Safein, users can not only completely control their logins and actions, but also track and manage them. Users will be able to view their full activity history, including login and payment, track the devices they use, manage current active login sessions and cancel them at any time. Users can also easily check which sites have access to certain data. Most of the functions associated with identity management are already available in MVP.
DIGITAL WALLET AND PAYMENT
Safein plans to become a fully licensed EU electronic money agency with the ability to receive and process payments in accordance with the law. Users will be able to store their crypto and fiat currency in one wallet while converting them from one to another. The main crypto currency, including Bitcoin, the Ethereum ERC20 token, and other popular cryptoes will be supported. The currency exchange 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. Owning an EU electronic money license (EMI) will allow Safein to connect to the SEPA network and provide IBAN codes to all of our users. Once it's available, Safein will be one step closer to becoming a standard instrument for everyday use. In addition, https://www.safein.com/summary/safein_whitepaper.pdf
Safein e-commerce commission standards for merchants will be 1%. Merchants who have a Safein token will be able to receive a portion of their payments for free from any commissions, and users who pay with the Safein token will receive 0.25% cash for each purchase. More about the benefits of this Safein token can be found in the "Model Token" section.
KYC PROCEDURE MACHINE
The Safein team is currently in talks with the world's leading automated ID verification service provider to deliver highly accurate results using its AI-powered document checking algorithm. Such an examination, where users only need to scan their identity with their cameras and retrieve selfies, will be sufficient for most uses. 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 periods for several exchanges, this remains a radical improvement, especially given that users only need to do it once.
REFERRAL PROGRAM
Safein allocates 5% of total token supply for Referral Program. Users who invite their friends to enroll in Safein will get the same number of Safein tokens as new users from the Registration Pool. For more details please see the Registration Pool section. Eligible users will only provide their friends with a referral bonus if they meet all the requirements below within 90 days of signing up:
- A fully verified account and identity;
- Minimal crypto or $ 10 note of money deposited;
- At least $ 10 is spent on goods or services.
Earn merchants in the crypto and gaming rooms more easily with a huge user base and the benefits of Safein for both industries:
Token Distribution
ICO
NB: all values shown in the ETH in this chapter are subject to change before commencement
ICO in case of large market price fluctuations of ET.
ICO fund allocation
- Developing wallet function and cryptographic payments - Obtaining Electronic Money institution license
- Launched fiat deposits and merchant payments in EUR, GBP, USD
- Obtains the first 500 large to medium sized traders
- 2 years of administrative, operational and personnel spending
ICO Safein will distribute 10% of total token supply to cover the costs below:
- Further development of our products;
- Crypto payment function;
- Smart Contracts for Login Pool;
- Safein payment solution with internal transaction processing system;
- Obtain an EMI license;
- Ride at least 500 merchants;
- The cost of ICO and
Marketing Token
- Free payment process for SFN holding merchants
- Each Safein user activity is rewarded with SFN
- The growth of the user base is rewarded in return for generous referrals
Feature of SFN Safein token
- 100% free payment for merchants who have Safein tokens
- Monthly cashbacks for users who pay with Safein tokens
- Login Pool to provide Safein usage incentives among users and websites
- Pool Registration to reward new users
- Pool Referrals for growing user base quickly
Roadmap
Our Safein Team
Vladas Jurkevicius - Business | Co-founder
Vladas has more than 5 years of experience in developing a fast-growing e-commerce company where he can leverage his expertise in online projects by combining and managing the best talent teams and building key partnerships. After setting up and coming out of some very successful esports and online gaming projects, he is now building on a unique identity and payment management solution.
Lukas Deksnys - Operation | Co-founder
Lukas works as an actuary for one of the largest insurance companies in the UK, Liverpool Victoria, and is a member of the Institute and Faculty of Actuaries. His areas of expertise include finance, risk management and advanced statistical modeling. Now his interest is turning to blockchain and startups technology.
Audrius Slazinskas - Law | Co-founder
Audrius is a lawyer specializing in e-commerce, games, corporate, M & A, finance and data protection. The legal experience and industry knowledge enabled Audrius to see market inefficiencies caused by environmental changes and quickly overcome them with practical solutions.
Pierre Roberge - Cyber Security
Pierre is an 11-year veteran of Communication Security Establishment Canada (CSEC), Pierre leads an advanced technical team in charge of protecting Canada's national interests in cyberspace. While the majority of the Pierre project remains pertinent, Pierre builds a strong reputation among the '5-Eyes' nations as a leading expert and innovator in cyber intelligence operations.
Jonas Tirevicius - Senior IT Project Manager
Jonas has more than 10 years experience in the software development business. He first started as an IT project manager at one of the Swedish capital banks.
Bogdan Kustan - Senior Development Team Leader
Bogdan has 10 years experience of software programming. He has contributed to various projects in various fields and fields.
Ilya Teresin - developer of senior etereum block
- 2 years experience with contract technology development Smart Contract (Solidity, Node.js, Web3, Truffle)
- Smart unit testing unit
- Experience with different Ethereal Nodes (Geth, Parity)
- Golang Knowledge
- Experience with Ethereal libraries (P101, Whisper, Swarm)
- P2P technology stack (discovery knot)
- More than 20 Smart Contracts with complicated logic for ICO prepared by me (smartmesh.io, narocoin.com, jibrel network, status.im and others)
- Experience by customizing open-source solutions
- A very careful documentation-oriented person with details
Dr. Vilius Benetis - Cyber Security
Dr. Vilius is a digital security professional focused on securing the digital environment.
Semeny Vilius - Business Development
Vilius is Chief Commercial in CoinGate, one of the largest payment processors in the field of blockchain and cryptocurrencies.
Joseph Borg - Regulatory
Dr. Joseph F. Borg is an advocate, currently acting as Senior Advisor to WH Partners, mainly practicing Gaming, Blockchain, Esports, Corporate, IT, Telecoms and Intellectual Property.
Marius Miskinis - Finance
Marius spends most of his career in a fast-paced environment: in management consulting - delivers strategic, operational and strategic strategic change projects for enterprise clients and startups at CEE, EMEA, USA, etc.
Justas Brazauskas - UX / UI / Data
Justas is a Web Specialist with more than 5 years experience in developing and managing e-commerce projects and data analysis.
For more information please visit the link below:
Website: https://www.safein.com/
Facebook: https://www.facebook.com/safeincom/
Twitter: https://twitter.com/safeincom
Telegram: https://t.me/safeincom
Author: yantiaryan
Eth: 0x2A50375573A1B9A65De13dC27c6A25FC778d5512
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