Those beginnings of the internet in which the operating environment was based on text mode were not attractive to many, although it was an excellent communication tool not many knew how to use it and was not accessible, was from the creation of the WWW world wide web where the operating environment was based on graphics, colors, easy to use, without difficult commands to learn, as the internet evolved there were more interactions between the user and websites.
Due to the great fluidity of data handled by the portals, most of the websites found themselves in the need to create their own identity protocol, since unfortunately the Internet lacked some kind of security layer. For this reason, each one developed their own security protocol to the best of their ability, perhaps if awareness had been created to create a uniform identity platform, a transparent and adaptable identity protocol would have been born, adaptable to any need.
For this reason we would like to introduce you to Safein, the only platform that will evolve the login identity management, which is based on blockchain technology to ensure security and trust in users.
The Problem.
The lack of an identity layer led the portals to require users to create an identification which was not frustrating as the user felt secure in creating their profile, but all this began to change when the user began to depend on the Internet, owning many accounts on several portals is now a need that becomes a difficulty as all portals have different criteria for creating profiles of a user and often insecure.
Redundant logging form, forgotten verification methods and passwords, daily customer experience online, everything quickly became a hassle, and a security concern.
Typical problems we've all been through.
new accounts / user experience and loss of sales
Users:
- The friction of the register leads to frustration
- Repetitive data entry to create a new account
- You must have access to the email address to confirm your account.
- Discomfort managing login credentials
Business:
- Users do not complete the registration process
- Potential buyers who abandon at checkout
- Costly collection and storage of user data
- Costly customer support for account issues
Today, the market is at a stage where virtually every new website that finds a user will require a new account, for different reasons. Fortunately, Facebook and Google SSOs have solved the problem of the new account to some extent. However, they are not about sharing personal data or proving one's identity, but are a way of registering quickly, with no need to provide more information than name and email. Moreover, in the case of most online services, these solutions are not sufficient for on-board users, and simply act as an intermediary to facilitate the initial point of contact with the customer.
In turn, Facebook and Google are the two biggest giants of online advertising, and they are not interested in protecting users from unwanted data mining. This is a very simple fact: the two solutions, by default, "opt-in" the user to share not only the required data, but also optional data, such as email address, age or other, with the online service directive. Although this is not an evil in itself, it is clear that opting in' rather than opting out' is the preferred way for most users to handle their shared personal data.
preferences. In short, it is quite clear that the existing SSO methods are too insufficient to replace the subscription procedures for a number of reasons, and the registration process is still a central part of the user-trader interactions online.
Verification of identity and compliance = costs, risks and drawbacks.
Users:
- Significant delays in verification
- Same (similar) KYC procedures for each website
- Concern for privacy and data security
Business:
- The expensive services of KYC
- Compliance not only complex to execute, but also costly
- High barriers to the entry of new companies in regulated sectors
The Know Your Customer (KYC) procedures did not take long to become abundant online, and so did the Anti-Money Laundering (AML) and Anti-Terrorist Financing (ATF) checks. This, in turn, has made the incorporation of the client even more problematic. Although it would seem that taking a photo of an ID card is not too problematic these days in the age of smartphones, circumstances are often more complicated than that. The use of financial or other regulated online services in many cases requires the submission of personal documents such as proof of address, bank statement and the like.
In order to validate the KYC, the user must meet certain requirements in order for them to be verified, such as.
- Print, sign and scan certain requirements.
It is somewhat frustrating because of the time invested in these procedures and the company does not do the verification at the moment which makes the client desist from using their services.
Solution.
Safein addresses all issues with a single sign-on identity management platform based on blockchain that ensures security, convenience and confidence for our customers. With Safein, users can easily prove their true identity online when necessary and control the extent of their personal data delivered to various service providers.
Safein represents a single sign-on digital identity management platform that ensures security, convenience and confidence for our customers.
A REAL-WORLD SOLUTION TO REAL-WORLD PROBLEMS
With Safein, the current problems in the world of e-commerce and cryptographic currency markets are addressed through one-click login and verification.
For the user, Safein means:
- No more registrations on multiple websites;
- No more waiting to perform KYC for each site / ICO;
- Improving privacy, cybersecurity and data protection;
- Revolutionary referral program with symbolic rewards.
For the merchants, Safein brings:
- Increased confidence and conversion rates;
- Reduced customer support costs;
- Free KYCs;
- Reduced compliance costs and risks, and buyer protection.
Safein changes the rules of the game with:
- Ability to easily resolve delays and multiple account management issues in e-commerce;
- User verification and data protection services in compliance with applicable regulations;
- Exceptional focus on ease of use, integration and cybersecurity;
- Tokenized business platform, where everyone benefits from being part of the network;
- Revolutionary referral growth model, consisting of a Referral, Registration and Login token.
SAFEIN FOR USERS
- Safein has a proven universal account that anyone can create and use to access websites and online services. The main benefits of Safein for users are:
- A single account to access multiple online services}.
- Enhancing privacy, data protection and cybersecurity through blockchain technology
- Eliminated waiting times for KYC checks
- An initial, easy-to-use KYC procedure that ensures "verified" status and is reusable across multiple online services.
SAFEIN FOR BUSINESS
Safein offers a complete solution for any KYC need a company may have. In particular, it implies:
- Reliable and fast user ID, address verification and phone number verification
- Ability to restrict access to services to certain countries and age groups.
- No API integration hassles.
- For new and verified users on board, a cheaper solution than the market.
- Improved conversion rates, reduced customer support costs and minimized fraud rate
Benefits for the user
- Skipping multiple, slow registrations and accessing any online service.
- without the usual delays associated with registration and identity verification;
- No need to manage and store login IDs for accounts across services;
- Knowing precisely what information is being (or is about to be) shared with which website(s);
- Increasing the overall security of personal data;
- the reuse of a single KYC procedure for any new website;
- The security that your personal data is encrypted and securely stored at all times on the device you own;
- Be self-selected and able to verify your identity on demand, with any service provider you wish;
- Biometrics to improve security while making the product simple and intuitive to use.
Advantages for the business
- The increase in conversion rates due to the reduction in the loss of customers diverting from any new account registrations;
- Reduced costs of user verification procedures, as well as considerable savings in the area of account and password recovery;
- Reduced costs due to fraudulent users;
- Access to Safein users who are already verified and likely to adopt the services. of our partners because of the incentive schemes;
- Easy implementation of our solution with a simple API.
About the Token
We understand Safein as a platform that will add enormous value to both companies in general and users through efficiency improvements to carry out online activities. The synergies resulting from user growth and business adoption will allow Safein to scale quickly and organically.
In order for the platform to meet the needs of individuals and businesses, and to require simultaneous adoption by both parties, the early stages of development and growth are critical.
Thanks to the chaining and token economy, the chicken and egg problem can be avoided. Once the Initial Currency Offer is complete, Safein will leverage our SFN tokens to motivate users through registration and referral programs and, as a result, attract companies to integrate our single sign-on and KYC solution.
| - | - |
|---|---|
| Token | SFN |
| Price | 1 SFN = 0.07 USD |
| Bounty | Available |
| MVP/Prototype | Available |
| Platform | Ethereum |
| Accepting | ETH |
| Minimum investment | 0.1 ETH |
| Soft cap | 3,000,000 USD |
| Hard cap | 21,000,000 USD |
| Country | Lithuania |
| Whitelist/KYC | KYC & Whitelist |
| Restricted areas | USA |
Milestones
Quarter 2, 2017
- Safein idea is born
Quarter 4, 2017
- MVP with login functionality
Quarter 1, 2018
- Whitepaper and ICO campaign launch
- Full ID vertification
- ICO launch
Quarter 2, 2018
- Login Pool launch
Quarter 3, 2018
- Crypto payments and wallet launch
- Login pool launch
- Registration Pool and Referral Program launch
Quarter 1, 2019
- EMI licence obtained
Quarter 2, 2019
- Fiat payment launch
Team
- Vladas Jurkevičius - Co-Founder, Business
- Audrius Slažinskas - Co-Founder, Legal
- Lukas Deksnys - Co-Founder, Operations
- Bogdan Kuštan - Senior Development Team Lead
- Jonas Tirevičius - Senior IT Project Manager
- Joseph Borg - Regulatory
- Marius Miškinis - Finance
- Justas Brazauskas - UX/UI/Data
- Pierre Roberge - Cybersecurity
- Vilius Semėnas - Business development
- Arthur Zubkoff - Marketing and Fintech Lead
- Joseph Steinberg - Cybersecurity
- Ilya Tereshin - Blockchain developer
- Mushegh Tovmasyan FinTech
If you need more information I leave you below the links where you can review it in much more detail, any questions or doubts I invite you to comment.
By Bitcointalk user: jpirulo
Profile: https://bitcointalk.org/index.php?action=profile;u=1192567
MyetherWallet: 0x4312006E30A82664F5b7EF51B2cE5c864F54cb1f
jpirulo@gmail.com
by Jpirulo
