Safein is a digital wallet with single sign-on technology. This is a completely new way to manage identification and online shopping.
The volume of e-commerce in the modern world continues to increase. However, unfortunately, the technology remains old, leading to an increase in issues like data protection, cybersecurity, money laundering, monopoly and more. And of course, anyone who buys something in an online store, is faced with difficulties like repeated registration, verification, and password recovery.
This is to solve all these problems that the Safein project is being developed. I will highlight the main ones.

Safein is built to allow users to keep their identities, as well as crypto and fiat currencies in accounts opened on this platform. Safein will go into various business fields where the combination of having all of the above provides benefits for both online and offline. Safein's top priority is to eliminate excessive registration and KYC procedures.
It provides a complete KYC solution for businesses and universally verified accounts
for users. With this platform, digital users can easily verify their real identity and access online service providers instantly. It is imperative that due to the Safein decentralization nature, users are always in full control of the data which means that the risk of data breach is eliminated. Regarding the business, the Safein solution will allow verified users to gain access to several online service providers. This reusability of KYC coupled with machine learning and AI technology used to verify documents will significantly reduce business costs regarding onboarding and verification users. Admittedly, building a universal gateway for online service providers requires a wide scale and product adoption by the target audience. Thus, their growth strategy is primarily focused on introducing platforms to communities whose teams have the best access to - play and crypto-assets. In order to successfully capture these markets, both users and businesses will be given a clear incentive to join the Safein ecosystem.
E-commerce issues.
- The low quality of customer service is the low quality of e-commerce. A very disturbing customer is the constant need to verify identity through logging in and creating an account. According to statistics, about 22% of consumers did not complete their online purchase precisely because of the reluctance to continue entering their data. Although for online store owners, every new user is very expensive - about $ 20 (storage, data protection, etc.). And, of course, the most common problem is forgetting passwords and logging in to log in to the site.
- Inadequate work transparency with user data. 76% of users believe that sellers request extra personal information about consumers. Thus, causing mistrust in this industry.
- Threats to online security. Every year, the number of users who have stolen personal data from different servers is increasing.
- Barriers to business.
- The absence of a universal purse.
- Safein offers solutions through the creation of electronic wallets with single sign-on technology.
Solution
- Single sign-on technology - Identity 2.0. You can compare it to your Fasebook or Google account. One account is suitable for all websites.
- The Safein Architecture is designed to eliminate the need for multiple registrations and KYC procedures.
- Wallet and electronic payment. In one bag it will probably contain phantom and crypto currencies. Safein plans to become a licensed European licensed financial institution.
- Registration is easy for users and sellers.
- User data protection.
- A multifactor authentication mechanism.
- Program for KYC procedures.
- Buyer protection mechanism.
- Software with minimal functionality.
The advantages offered include:

Pay with Fiat or Crypto;
Once you sign in with Safein, you can make payments without providing any additional information. You can save your money in a traditional currency - fiat currency - or any cryptocurrency. Safein will automatically convert and transmit funds in a way that the merchant likes. Every payment is processed within the limits of Safein, making them instant, safe, and inexpensive.
Control Your Data;
Safein lets you control your data, which means you always know what a website is aware of about you. You can either log in anonymously or share only the data that the website needs. You do not have to go through a complicated login process and enter the same data each time you sign up for a new online service. Plus, you can permanently revoke data access with a single click.
Easy Dashboard;
Safein has a web panel where users can control their access rights. You access the panel via a mobile app or web browser. Through this panel, you can view your entire activity history, including signups, sign-in, and payments.
Access to Website with Single Click;
Safein allows users to sign up and log in to a new website with one click. You can avoid dull registration and passwords. Once you agree (with one click), Safein will send your data to a new website on your behalf.
Sellers with SFN tokens will benefit from a reduction in commission fees for transactions. The first registered user will also receive the SFN token as a reward.
Also, 5% of tokens are allocated to the referral program. That is, people will be rewarded for recommending new users enrolled in Safein
You can also get a company token by subscribing to Safein's social network.
ICO condition.
30% of all tokens are allocated to cover the following costs: Further development of the product; Crypto payment system; Smart contract for Entry Pool; Safein payment solution with internal transaction processing system; Obtain an EMI license; Registration of at least 500 sellers; Charges for ICO and marketing.
All of this is planned to be completed by the beginning of the fourth quarter of 2018.
The time of ICO should be monitored on the company's official website.
Token And ICO
Token
SFN
Platform
Ethereum
Type
ER20
Pre-ICO Price
12.000 SFN = 1 ETH
Price Ico
7,000 - 9,000 SFN = 1 ETH
Token in Sell
300,000,000
Min invest
0.1 ETH
Receive
ETH
Distribution in ICO
30%
Soft cap
$ 3M
Hard cap
$ 21M
ICO Safein is scheduled to begin on March 20, 2018. The exchange rate will be set at 1 ETH = 9000 SFN. The SFN token is the ERC20 token on the Ethereum blockchain. There is a total supply of 1 billion SFN tokens, with 100 million tokens available during token sales (10% of total supply).
From the remaining token inventory, 60% is set for the company's reserve fund, 10% for the Safein registration pool, 10% for the Safein team and advisors (with 6 to 24 month lock period), 5% for Safein pool login, and 5% for the referral program Safein.
ICO fund allocation:
1. Development of wallet for crypto function of currency and payment system.
2. Obtain an EMI license (e-money institution).
3. Launch deposit and fiat payment in euro, pound sterling, US dollar.
4. The attractiveness of the first 500 medium and large sellers.
Conclusion:
Safein is a single digital wallet based on a blockchain system, providing convenience, security, and trust for customers.
By using Safein users can easily show their identity on the Internet, if necessary, make instant payments, and monitor the amount of personal data they are provided to different providers. Ability to easily solve delays, crypto payments and some account management issues in e-commerce;
Free of cost of user verification and data protection services in accordance with applicable laws and regulations;
to be able to get more information please you just go directly to the official link below:
Website: https://www.safein.com/
Facebook: https://www.facebook.com/safeincom/
Twitter: https://twitter.com/safeincom
Telegram: https://t.me/safeincom
Author Audrey
My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=913491
Eth Address: 0x52242EF3Dcc07135c5176aC7bD9412Cf783253C9
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