SAFEIN - a single sign-on digital identity and payment wallet

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What is SAFEIN ?

Safein is a single sign-on digital wallet that ensures because Safein is a game-changer: security, comfort and trust for their clients.

Safein addresses today’s problems in e-commerce and cryptocurrency transactions by offering a single-click sign-in, verification and payments functionality.

For users, Safein means:
  • No more registrations in multiple websites;
  • No more waiting to get KYC done for each site/ICO;
  • Trusted, convenient and quick payments in fiat and cryptos;
  • Enhanced privacy, cyber security and data protection;
  • Revolutionary referral program with token rewards.
For merchants, Safein brings:
  • Enhanced trust and increasing conversion rates;
  • Reduced customer support costs;
  • Free KYCs;
  • Lower cryptocurrency and fiat transaction costs;
  • Lower compliance costs and risk as well as buyer protection.
Safein is a game-changer because of:
  • Ability to easily solve the delays, crypto payments and multiple account management problems in e-commerce;
  • Free of charge user verification and data protection services complying with applicable regulations;
  • Exceptional focus on easiness of use, integration and cyber security;
  • Tokenized platform business, where everyone benefits from being part of the network;
  • Revolutionary referral growth model, consisting of a referral, Registration and Login token pools.
You can watch the video below here: https://youtu.be/JJDo9WCCLzI


Safein benefits and application:
BENEFITS OF SAFEIN:

We believe that our services will be desirable by both merchants and users. By employing our services, users would benefit by from:
  1. Being able to skip multiple time-consuming registration,s and gain access to any services immediately with no delays for identity verification or transfer of deposits;
  2. The end of management and recovery of numerous user accounts with different passwords;
  3. Ability to buy from a merchant offering the best prices or products rather than from the one user already has a verified account with;
  4. Convenient one-stop shop for both, easy online access and payments;
  5. Full and clear disclosure of what customer data is being passed on to websites;
  6. Increased cybersecurity of their personal data;
  7. Comfort that the company collecting their personal data (i.e. Safein) is trustworthy and will be able to protect it;
  8. Significantly lower transaction fees as well as an ultra-convenient way to make payments in both fiat and cryptocurrencies;
  9. Increased anonymity, and protection from unwelcomed data mining and spamming activities;
  10. Ability to instruct chosen networks to cease collection of respective user’s data as well as delete the data collected on the user;
  11. Cashback as well as further rewards for loyalty and use of our services.
Merchants and service providers will appreciate:
  1. Increased conversion rates due to reduced loss of customers shunning any new registration;
  2. Reduced costs of user verification procedures (as we would provide such verified users free of charge) as well as significant savings in account/password recovery department.
  3. Diminished need to worry about compliance with GDPR and data protection regulations in other countries;
  4. Reduced risk of cyber leaks of customer data;
  5. Access to our growing group of users, who are incentivized to use the services provided by our partners;
  6. Ability to accept payments from users paying in both, fiat and crypto;
  7. Lower transaction fees;
  8. Single plug-in integration;
  9. Ability to properly establish user’s location and applicable legal regime;
  10. Commission discounts and further rewards for using our tokens and services.
APPLICATION AND POSSIBLE MARKETS
  1. Crypto exchanges and other ICO;
  2. Digital goods markets where fraud and chargeback rates are extremely high;
  3. eShops, benefiting from extremely low payment fees, access to crypto payments and verified users;
  4. Online financial or legal gambling service providers (which could easily use our platform to verify user’s age and applicable legal regime as well as accept payments from the user with no further registration process);
  5. Car-sharing and other rent service providers;
  6. Investment and trading platforms;
  7. Social networks;
  8. Regional polls (utilizing our ability to give access to users from certain jurisdictions only);
  9. Smart contracts (users could feed their data directly into smart-contracts by using our databases);
  10. E-signature and merchants in need of immediate verification of the data presented to them in person (our users would be able to prove credibility of their claims by supporting such claims with verified data on our website);
  11. Brick and mortar retail shops of at later project stages.
TOKEN MODEL

The idea of having a single account for everything you do online is simply brilliant, but it requires a large scale. Developing Safein is the same as trying to solve the chicken and egg problem - you need a lot of users to attract merchants, and vice versa. Without merchants you can not acquire new users. Safein will leverage its tokens to grow its user base and acquire merchants. Use of the Safein platform will reward both users and merchants for using innovative payments and identity management solutions created by our team.
  1. Free payment process for SFN holders
  2. Each Safein user activity is rewarded with SFN
  3. The growth of the user base is rewarded with cheap referrals in SFN

TOKEN DISTRIBUTION



ICO Fund Allocation:

• Develop cardiard kripto wallet and payment function
• Obtain an Electronic Money Institute license
• Launched fiat deposits and trader payments in EUR, GBP, USD
• Obtains the first 500 medium to large traders
• 2 years of administrative, operational and personnel expenditure

Features Token Safein:

• 100% free payment for merchants who have a Safein token
• 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
• Referral Pool to grow the user base quickly


ROADMAP


TEAM

More information visit their links I have listed below:
Author Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=1017720

 ETH Address : 0x14DC29488c379Fa0f1f0D9E4B581025797F02c04

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