Digital Identity Security and Single Payment Wallet

Our platforms are uniquely useful to users and merchants. First, users will undoubtedly appreciate the end of re-enrollment, KYC recovery and passwords, replaced by the instant access provided by our multi factor authentication solution. In addition, it does not have an excessive account providing better security and data protection, both of which are highly valuable to any consumer. Finally, the ability to make easy payments in selected media has long been wanted by the market - Safein will also meet this need to enable a completely seamless payment experience for all users and its merchants.

Merchants also benefit from our platform because Safein significantly reduces merchant fees for installing and verifying users. Furthermore, Safein reduces transaction costs and can remove problems because it has to manage lost keywords to get customer support. Merchants also get easy access to crypto payments at the lowest commission charge on the market with a free identity verification tool. In addition, merchants who have Safein tokens in their wallets will be able to process payments without commissions. Our platform will also help improve user confidence and conversion rates and protect they are from the unintentional violation of the rules and data protection processes are increasingly complex .

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 . Moreover, online shopping is not only troublesome, but also complicated. Think, for example, that all password re- enrollment , verification and recovery follow a daily online customer experience.

We believe that outdated technology must be blamed for almost all of these problems. Therefore, we think it's time to improve this by embracing the modern way of managing your online identity and your shopping experience.

MULTI - ECHANISM FACTORAUTHENTICATIONM AND DIGITAL IDENTITY MANAGEMENT

Security should be the main focus when managing your identity and wallet online. Safein will have a multi-factor authentication mechanism implemented from the start. While integrating Safein, every trader will be able to choose the minimum level of security he needs from its users. For example, merchants may request all logins to the merchant's site and all payments must be confirmed by the user on the mobile device - ie (i) push notifications appear, (ii) the user must identify himself via the pin code or fingerprint on the mobile Safein application and (iii) approve login or purchase. Users (on their panels) can also increase the level of public security for each website individually. For example, although certain websites do not require mobile device confirmation for website logins , users can always increase their security level by enabling the terms themselves.

With Safein, users can not only completely control their logins and actions, but also track and manage them. Users will be able to view their full activity history, including login and payment, track the devices they use, manage current active login sessions and cancel them at any time. Users can also easily check which sites have access to certain data. Most of the functions associated with identity management are already available in MVP.

DIGITAL WALLET AND PAYMENT

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. Crypto major currencies, including Bitcoin, token Ethereum ERC20, and crypto other popular 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 enable Safein to connect to the SEPA network and provide the IBAN code to all of our users. Once it's available, Safein will be a step closer to becoming a standard instrument for everyday use. Additionally, Safein plan to have a payment card connected to the user's account, so that the user can use the account Safein them online and offline.visit https://www.safein.com/summary/safein_whitepaper.pdf

Safein e-commerce commission standards for merchants will be 1%. Merchants with a Safein token will be able to receive a portion of their payments for free from any commissions, and users who pay with a Safein token will receive 0.25% cash for each purchase. More about the benefits of this Safein token can be found in the "Model Token" section.

MESIN PROSEDUR KYC

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 be sufficient 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 it is compared with waiting periods of recent weeks for some exchanges, this remains a radical improvement, especially given that users only need to do it once.

SAFEIN BENEFITS

We believe that our services will be in great demand by both merchants and users. By using our services, users will benefit from / from:

1. Be able to miss a lot of time-consuming registration , and gain access to any service immediately without delay of identity verification or transfer of deposits;

2. End of management and recovery of multiple user accounts with various keywords;

3. Be able to buy from merchants who offer the best price or product than from one user who already has a verified account;

4. Convenient one-stop shop for both, easy online access and payment;

5. Disclosure of complete and clear customer data forwarded to the website;

6. Increased security of their cybersecurity data ;

7. Convenience that the company collects their personal data (ie Safein) is trustworthy and will be able to protect it;

8. Transaction costs are much lower and also a very easy way to make payments in fiat and cryptocurrencies;

9. Increased anonymity, and protection from unexpected data and spam activity ;

10. Ability to instruct the selected network to stop the collection of individual user data as well as to delete data collected on the user;

11. Cashback and further rewards for the loyalty and usage of our services.

PROGRAM REFERRAL

Safein allocates 5% of total token supply for Referral Program. Users who invite their friends to enroll in Safein will get the same number of Safein tokens as new users from the Registration Pool. For more details please see the Registration Pool section . Eligible users will only provide their friends with a referral bonus if they meet all the requirements below within 90 days of signing up:

1. A fully verified account and identity;

2. Minimum crypto or $ 10 note of money deposited;

3. At least $ 10 is spent on goods or services.

GROWTH STRATEGY

The success of Safein is based on user growth and a fast trading base. Safein will not work if not widely used. Given this imperative, one of the key project priorities is to adapt every part of the project (including token model, marketing strategy , business strategy and technical development) to user growth and fast merchant base. The Safein token model is designed to incentivize both users and merchants to use Safein as much as possible.

The Safein team will use different strategies tailored for users and merchants. Our user base growth strategy initially depended on the Referral Program. This strategy is actively used by PayPal, Airbnb, Dropbox and other companies that achieve virus growth. An initial user base will be accomplished by registering users during our ICO and then launching our referral campaign. 5% of the generated Safein tokens will be allocated to the Referral Program . With the initial critical mass of registered users during our ICO, our user base will grow exponentially. Starting an active marketing campaign in a particular industry, as mentioned in the previous section, will allow us to show the benefits for users to have one single login the most popular sites Similar examples can be seen in the gaming industry, where the entry of Steam is already very popular when it arrives at the site web where users do not need to show their true identity or pay for goods.

Earn merchants in the crypto and gaming rooms more easily with a huge user base and the benefits of Safein for both industries: