What is Safein project?

Safein is working round the clock to obtain the Electronic Money Institution (EMI) License in the European Union, to make  investors know it is not a pump-and -dump scheme .

The team is focused on making it easier for people to carry out their KYC activities easily.

With Safein MVP, users will only do the KYC check once and use the information on any other online platform.

Safein is determined to eliminate the issues and stress investors go through while trying to do their KYC. With the Safein MVP system, there would be no need for investors to scan and upload their Identification documents on every online investment sites they try to join.

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 save their crypto and fiat currencies 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. 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 some unique identifier that allows it to separate users from others. In this case, Safein will not reveal data such as the full user name, 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, additionally, the merchant will be given the user's full name and address for delivery. However, users will have full control over their data at any time,

The Safein Goal

Safein is aimed at being the world’s best single sign-on digital identity and payment system. The Safein team will revolutionize the way people make payment, register on online platforms and complete KYC processes just in one click.

The user can always login to the Safein platform anonymously. This allows users to have complete control.

After each successful login, a user of the Safein MVP can make payments seamlessly; save their crypto or  fiat currencies in a secure manner. Safein has the capability of automatically converting and delivering users’ funds in the merchant’s preferred way.

Every payment is processed very fast with very low transaction fees.

Key Features

Safein is built in such a way that users can save their personal information, cryptocurrency and fiat money on the platform. The major aim of the system is to make KYC processes easier for both users and merchants.

Safein will allow its users make payments directly from their Safein wallets regardless of the currency held in the account.

The Safein MVP app allows users try out the features of the platform.  With the MVP, users can create an account, verify the account and connect it to their mobile phone. This will now enable the user register easily on other platforms.

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 suffice 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.

Buyer Protection Mechanism

Most merchants are well aware of issues arising from credit card and cheating refunds. One of the biggest advantages of crypto payments is that it can not be changed anymore. In e-commerce standards, merchants are considered as a more trusted party, therefore buyers need to send payments first. Resolution mechanisms of dispute resolution and dispute resolution were created to help buyers recover funds from merchants who failed to deliver the goods or delivered them in an unsatisfactory manner. However, these mechanisms have recently been abused by fraudsters and scammers in the opposite way.

MVP

Safein MVP now allows users to create accounts on the Safein platform and connect it to mobile devices. Safein is currently integrated on demo websites where users can sign in with Safein without signing up, adjust their security level for various websites, track their login activity from their mobile devices and close active incoming sessions at any time. This website can be found at: www.curonian.com. Additional features coming soon.

The Safein Whitelisting begins on March 1, 2018, and you can register at www.safein.com/register

Token Sale Information

The SFN Token is the native cryptocurrency of the platform. Token holders who pay with SFN tokens  are entitled to monthly cash backs.

The Safein TGE begins on April 25. A Soft cap target of 4,000 ETH has been set for the event, with a hard cap target of 12,500 ETH, at a conversion rate of 1 ETH = 7,000 to 9,000 SFN. There are various bonuses up for grabs during the TGE.

For more information visit www.Safein.com

Whitepaper:  www.Safein.com/summary/Safein_whitepaper.pdf

Medium: www.medium.com/Safeincom

LinkedIn: www.linkedin.com/company/Safeincom

Facebook: www.facebook.com/Safeincom/

Twitter: www.twitter.com/Safeincom

Author : tinhkhuat

bittalkcoin: https://bitcointalk.org/index.php?action=profile;u=1885373