The Sarf Project: Convert, Send and Received Digital Currencies

Lorraine Los Baños
3 min readAug 8, 2018

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Introduction: The Financial Infrastructure

The financial infrastructure and regulation is to support welfare-improving financial innovation. It includes the development of a system of risk accounting, the regulation of OTC derivatives, reform of deposit insurance, pension reform and privatization, and the use of financial technology in implementing macro-stabilization policies. An increasing number of people rely on secure websites to carry out their daily business. Considering the types of secure transactions being conducted, business is rigorously testing their site for security flaws. In spite of this testing, some design flaws still remain that prevent secure usage.

The new financial product design, improved computer and telecommunications technology and advances in the theory of finance have led to dramatic and rapid changes in the structure of global financial markets and institution. In building a financial system from scratch, one understandably begins by defining its central role. The primary functions of economic resources, both spatially and temporarily, in an uncertain environment.

Sarf Project

In this paper, The Sarf Project examines the prevalence of user-visible security design flaws to assist people from all parts of the world to convert, send and receive digital currencies in a fast, convenient and secure manner without the involvement of the central authority. The Sarf Project has a native cryptocurrency called SRF tokens, a currency exchange and a credit card. The Scarf Protocol is built as a fork Stellar consensus protocol (SCP) which it process up to 2000 financial transaction with a transfer speed of less than 3 seconds.

The cryptocurrency market surpassed the barrier of $100 billion market capitalization in 2017 after months of steady growth. Sarf Protocol supports all tokens such as: USDV, CADV, AEDV and EURV. The tokens will be integrated into the Scarf Wallet to avoid the theft of stable tokens present in the safety box.

SRF initially generated a total of 2 billion (2,000,000,000) SRF

750 million SRF (37.5) will be sold during the presale and sale of the token

Sarf will retain 1 billion SRF and sell part of their stake every year to guarantee innovation and improvement of the project.

100 million SRF will be used for promotional and commercial purposes. 150 million SRF will be given to the Sarf team for their contribution to the project.

In the presale and sale of SRF, token holders will be able to purchase the first form of SRF coin, the XRF token. Once the SRF coin is launched, token holders will be able to convert their XRF tokens into SRF coins.

Sarf ICO per year

The market had led to wide asset; it has numerous latent value propositions and long-term uses cases including distributed ledger technology and blockchain innovation (particularly in financial payments, settlements, clearing, supply chain, agriculture and voting), identity and data protection mechanisms, crowd-funding, and decentralized business applications and services. To be able to promote and to innovate the development of the coin Sarf LLC will keep 1 billion SRF.

For more information about the project, visit their website https://sarf.io/ and on their Bitcointalk thread by clicking https://bitcointalk.org/index.php?topic=4700950

Website: https://sarf.io/

Whitepaper: https://sarf.io/assets/files/white-paper.pdf

Telegram Group: https://t.me/sarfproject

Bitcointalk Link: https://bitcointalk.org/index.php?action=profile;u=1402538

ETH Address: 0x2A77cfaBD211d741F34B3Be3709FD4c5f1Ee6181

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Lorraine Los Baños

Writer for cryptocurrency campaign. #Cryptocurrencies #Bitcoin #Altcoins #Ethereum #Blockchain #DecentralizedMarkets #ContentCampaign