SAFEIN: ACCESS AND PAYMENTS ON ANY WEBSITE IN TWO CLICKS

Inefficiencies in e-commerce are staggering. They’re stuck with never-ending registrations, redundant verifications, delays, limited utility of crypto payments, constant infringements of data protection legislation as well as the generally worrisome state of cybersecurity. With all this in mind, Safein offers a single sign-on digital wallet enabling users to quickly, and safely conduct their activities online through a one-stop-shop.

SAFEIN SINGLE SIGN-ON DIGITAL WALLET

With the safein platform, customers can easily demonstrate their identities with no lengthy registrations. Moreover, Safein allows its users to go exercise proper control of their profiles in a secure and modern manner. Safein platform is uniquely beneficial for both users and merchants. First, KYC and password recoveries,  replaced by instant access granted by safein's multi-factor authentication solution. Furthermore, Safein significantly reduces merchant costs for user onboarding and verification. Safein also reduces transaction fees and can manage lost passwords for the customer support. Moreover, merchants who possess Safein tokens in their wallet will be able to process payments with no commission.

At the initial stages, development costs will be incurred. One-off costs will be incurred around the time when it is expected to receive EMI license. Cost of revenue will appear as we launch crypto and fiat currency payments. Safein will need to participate in the financial system, hence, it will incur payment processing costs. Launching a product on blockchain and using a token-based incentivization scheme allows Safein to achieve a very competitive cost structure which in turn improves profitability and decreases pressure on cash flow.

Safein is currently integrated with a demo website where users can log in with Safein without registering, adjust their security levels for different websites, track their login activity from their mobile devices and close active login sessions at any time. This website can be found at www.curonian.com. Users will be able to login to websites directly with no registrations.

The Safein account will provide merchants with the information necessary for client acceptance and service provision. In this case, Safein would not disclose data like user’s full name, address, etc. Should the same user be buying a physical book, the merchant would be provided with user’s full name and address for shipping. Despite this, the user will have full control of his data at all times.

TOKEN MODEL

Merchants using Safein will be able to reduce their transaction fees by holding SFN tokens. Total supply tokens are 1,000,000,000 SFN tokens. The multiplier will gradually decrease within 5 years starting from the date when the payments are launched. Merchants who buy tokens during the ICO will benefit the most as they will be able to buy them for the lowest starting price - 1 ETH = 9,000 SFN.

Safein allocates 5% of its total token supply for its Referral Program. Users who invite their friends to register on Safein will be rewarded the same amount of Safein tokens that the new user is rewarded from the Registration Pool. The Safein Referral Program is planned to be launched within 6 months of completion of the ICO, however, not before the launch of payments. Safein allocates 1% of its total token supply for its Airdrop Program. By subscribing to Safein social media platforms each user will be eligible to receive 500 SFN tokens.

REGISTRATION POOL

The Safein Registration Pool is to be distributed among 5,000,000 users of Safein that are first to complete full account verification after the launch of Registration Pool. The Registration Pool shall be distributed in “decreasing reward” fashion following this model:

 

 

Roadmap

 

Team & Advisors

• Vladas Jurkevičius – Co-Founder, Business
• Audrius Slažinskas – Co-Founder, Legal
• Lukas Deksnys – Co-Founder, Operations
• Mushegh Tovmasyan – FinTech
• Joseph Steinberg – Cybersecurity
• Mario Ovcharov – Business Development
• Arthur Zubkoff – Marketing and growth
• Jean-Baptiste (JB) Daguené – Sales and Business Development
• Pierre Roberge – Cybersecurity
• Jonas Tirevičius – Senior IT Project Manager
• Bogdan Kuštan – Senior Development Team Lead
• Ilya Tereshin – Senior Ethereum Blockchain developer
• Prof. Dr. Vilius Benetis – Cybersecurity
• Vilius Semėnas – Business development
• Dr. Joseph F. Borg – Regulatory
• Marius Miškinis – Finance
• Justas Brazauskas – UX/UI/Data

 

Quik Links

Website
Whitepaper
Ann Thread
Medium
Facebook
Twitter
Reddit
LinkedIn
Telegram

Written By: putri_dewi
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1132669;sa=summary
address of ethereum wallet: 0x4aD3D0C2A47FfA55547DBb36630A77912BC5Ff21