SAFEIN Secure Access and Payment on any Website in Two Clicks
What is Safein?
Safe lesson to become an electronic body. The EU allows full access to and processing of payments in accordance with the law. People will be able to save money and keep it in one wallet while converting it from one to another. The main crypto currency, including Bitcoin, the Ethereum ERC20 token, and other famous cryptoes will be supported. The function of currency exchange, for crypto and fiat, will become the standard for all currencies with 0.5% markup of the available interest rates in the market. Have an EU electronic policy license (EMI) that will use Amanin connected to the SEPA network and provide IBAN codes to all our users. Once it's available, Safein will be one step closer to becoming a standard instrument for everyday use. In addition, Safein plans to have a payment card connected to a user account, allowing you to use their Safein account every day both online and offline.
Amanin provides a unique solution for users and merchants. The person who will be able to log in to the website directly without registration. The Safein account at the same time will provide the required information for customers and services for merchants. For example, if a user enters the forum, the forum only needs to know the username or some unique identifier that drives the user from someone else. In this case, Safein will not reveal data such as the full user name, address, etc. In fact, it will only provide the forum with the required username. On the other hand, if the same user buys a physical book, additionally, the player will be given a complete user name and delivery for delivery. However, users will have full control over their data at all times, always see what information is requested by the seller and provide clear consent for such transfer in advance.
Problems in e-commerce
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. In addition, online shopping is not only troublesome, but also complicated. Think, for example, all recurring enrollments, password verification and recovery behind the daily online customer experience.
We believe that outdated technology is the cause of almost all of these problems. Therefore, we think it's time to improve by embracing the modern way of managing your online identity and shopping experience.
One can say that the internet is designed around breakthrough discoveries from public databases - websites - thus making it the core of Web 1.0 but then leaving the user engagement somewhat secondary. However, as the internet evolves and is growing in popularity, personalization of online user interaction standards emerges as a standard for protocols. Therefore, tracking "who's important" to online communities.
Unfortunately, the internet is created without a layer of identity, so online merchants, forums, and other stakeholders should develop this layer from scratch. Instead of joining in to this endeavor, every website decides to resolve this issue internally which consequently raises a well-known horror "sign up" and creates a different account for each website we visit.
It should be noted that, in its infancy, "registering" is not too bad. First, there are only so many websites that ask us to register, and creating your user account brings creative joy to many people. However, this perception quickly changed after our modern life became dependent on the internet and online shopping turned into mainstream. Of course, with Web 2.0's growing interaction still relying on stagnant user onboarding procedures, we have to "register" and "sign in" more and more. Furthermore, irritation by administration the same data, already sent many times before, grows to the point where 22% of online shoppers currently only choose to ignore them if Purchases are needed to create new user accounts1 Anti-Money Laundering (AML) and common procedures Get to know your Customers (KYC) does not take long to be everywhere. Currently, making onboarding customers become more severe because it uses free services or other services that are very effective in many cases needed to access. Because we live in an age in which time is considered a commodity, the cost between account creation and verification (sometimes more than one month 2) naturally persuades many people to allow services (eg, inferior banks) they are already working with or not buying something brave. All this just to avoid the hassle, signing, scanning, and delivery of passports or utility bills once again.
And that's no better than a merchant's perspective. Market research shows that new users can charge online service providers up to 20 USD per new customer3 with a total annual bill to ensure 3.5 billion EUR account in UK alone4. Worse, other benefits for collecting, managing, and storing well-collected personal data.
Small KYC specialist forces should be available in every company. Tax legal requirements are not violated and not very high as submitted by Paddy Power as it fails for only 3 customers - can be avoided5. Moreover, no matter what is good, the KYC department also provides a 24 hour service. Of course, these are customers who need your services immediately (for example, access to financial markets) or not at all (eg buying money in the last hours before quarterly results for example).
Finally, many different accounts and passwords are not easy to set up for users or merchants. This is perfectly illustrated by the fact that 30-40% of the central volume is associated with the password and the background of the account6.
This is the number of users and resources that can be easily stored for a better purpose with the advanced Identity 2.07 solution. In addition, the widespread adoption of Identity 2.0 can also reduce fair competition, allow consumers to more, and increase total e-commerce. Lastly, we live in an age where Y and Zakan generations rejected the wall on the internet, and jumped between platforms without any sentimental. In the real new, the old way does not work anymore.
Solution
Data shows that modern internet users have a strong preference for single sign-on solutions like Facebook identity or Google accounts. In fact, some 88% of all online customers use these gateways from time to time to sign into websites they visit20. On the other hand, neither Facebook nor Google can grant an account that’s verified or capable of payments, which significantly limits user convenience and growth.
Accordingly, there’s a huge market that’s ripe for the taking.
In view of all this, as well as the cyber world problems mentioned in previous sections, the Safein team has set out to create a single sign-on and payment solution that can be used universally on all websites. By doing so we will eradicate the traditional way of creating accounts on numerous websites we shop on, and we will enable the world to adopt Identity 2.0. This profound leap in technology can easily eliminate the inefficiencies of never-ending KYC procedures and finally grant the community a default customer gateway for all e-commerce activities.
Equally important is our ambition to finally enable our customers to properly secure the personal data used for e-commerce, and shop anonymously wherever possible. We strongly believe that instant access to payment for services, with no delays for KYCs or deposit transfers, will undoubtedly lead to greater competition, increased conversion rates and booming e-commerce. In tandem, merchants will benefit from a significant cut in their cost of regulatory compliance, data protection, KYC and user onboarding, cyber security, as well as reduction in need for significant portion of customer support handling trivial matters like password recovery.
Here’s how we will achieve our goals
A revolutionary way to pay online
Get access to websites with one click
Safein allows users to sign up and log in to a new website with one click. Forget the boring registration and lose password. With your consent, we will send your data to the new website for you.
Control your dataWith Safein, you always control what the website knows about you. You can either sign in anonymously online, or simply share the data that the website actually needs. One click will permanently revoke their access. In our web and mobile app panels, you'll see your entire activity history, including signups
Model Token
- Free payment process for SFN holding merchants
- Each Safein user activity is rewarded with SFN
- User base growth is given incentives in return for generous referrals in SFN
ICO fund allocation
• Develop wallet function and cryptocurrency payment
• Obtain an Electronic Money Institute license
• Launched fiat deposits and merchant payments in EUR, GBP, USD
• Getting the first 500 medium to large merchants
• 2 years of administrative, operational and personnel expenditure
Safein token feature
• 100% free payment for merchants who have a Safein token
• Money back monthly 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
Details of Token Sales
Tokens Sale Schedule April 25, 2018
Purchase of Ethereum Token
Price Token 9000 SFN / 1 ETH
Bonus -
Total Supply Token 1,000,000,000 SFN
MERCHANT AND USER BENEFITS
Merchants who use Safein will be able to reduce their transaction costs by holding SFN token.
Each SFN token holds a merchant's right to process certain payments per month without commission fees. The initial multiplier, right after the payment launch, will be 10, ie each SFN token will allow the merchant to receive 10 tokens worth of SFN without commissions that month. The multiplier will decrease gradually within 5 years starting from the date when payment is launched.
For example, right after the launch of the payment function, if the merchant has 10,000 SFN tokens, he will be able to receive 100,000 SFN (at market value) payments for his goods or services at no commission charge in any currency each month. After he receives 100,000 SFN, or equivalent amount in other currencies, that month, he will be charged a standard 1% commission for the rest of the month. Doing some simple math shows that, if a merchant buys $ 1,000 worth of SFN token over ICO and the token price does not change, it will save him $ 1,140 from Safein commissions per year (1% commission on total transaction volume) and over $ 2,000 per year compared with other payment service providers charging commissions and costing more than twice as much as Safein.
As such, this should allow us to encourage merchants to promote payouts with even more SFN tokens, as this will enable them to store tokens received from customers and minimize further commission costs.
- 10,000 SFN allows to receive 100,000 SFN per month for free.
- $ 1,000 worth of SFN token saves $ 2,000 per year compared to other payment service providers.
Users who pay with the SFN token will receive 0.25% cashback for all their purchases. Merchants will only be charged 1% regardless of which method of payment the user chooses.
There is no other crypto payment solution that currently has an active cashback bonus system for payment.
There is no other crypto payment solution that currently has an active cashback bonus system for payment.
ROADMAP
2017 Q2
Safein concept created
2017 Q2
Launches MVP with
basic one-click login function
2017 Q4
White paper release and ICO preparation
2018 Q1
Introduce
full automatic ID verification
2018 Q1
ICO Launch
2018 Q2
Growth of user base Phase 1:
Launch Pool Pool
2018 Q2
Launched purse and payment of cryptocurrency
2018 Q3
User base growth Stage 2:
Pool Registration and
launch of Referral program
2018 Q3
Obtain an EMI license
2019 Q1
Launched the deposit
and fiat payments
FOR MORE INFORMATION PLEASE VISIT LINKS BELOW:
Whitepaper: https: //www.Safein.com/summary/Safein_whitepaper.pdf
medium: https://medium.com/Safeincom
LinkedIn: https: //www.linkedin.com/company/Safeincom
Facebook: https: //www.facebook.com/Safeincom/
Twitter: https://twitter.com/Safeincom
by POLENG
ETH address: 0x81a9Abdc9662BD7a285Fb1DA5b03E5Fb5c7a6c9a
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