Justas Brazauskas
Safein
Published in
6 min readFeb 9, 2018

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What user benefits will fuel Safein’s growth?

With Safein, our users will go from constantly waiting days to complete KYC checks, to registering, logging-in and paying for goods or services within seconds, with the lowest transaction fees and cashback in SFN tokens. Add a great referral programme to incentivize growth and you have yourself a winning benefits package. Interested? Don’t miss our MVP coming out publicly in just a few days from today.

Safein — making it simple for the user

Name one market that has grown 34 times in value throughout 2017 and yet has the user experience which can only be described as “frustrating” at best. If you said “cryptocurrency market”, you are correct. However, cryptocurrency market is not the only one which is growing fast and yet is still critically lacking in comfort, trust and security — similar experiences trouble other rapidly expanding markets for gaming and in-game items, online financial-services and general e-commerce at large.

That’s where Safein comes into the picture. With Safein, you will never again have to experience:

- Weeks-long wait when registering on a new cryptocurrency exchange platform due to a Know-Your-Customer (KYC) procedure;

- A need to create and remember logins and passwords in multiple websites or fear of losing your identity when using your main login e-mail and password on a new e-commerce website which you have little trust in;

- Abandonment of already composed e-shopping cart because you have to re-fill the same registration, billing and address details again (despite having done this before).

Our goal at Safein is to make it simple, where the ‘it’ part ranges from ICOs to buying in-game items, financial services and beyond. For us, making it simple means the ability to register, log-in and pay in both fiat and cryptocurrency in just a few mouse clicks. How? With Safein’s single sign-on digital wallet which delivers security, comfort and trust.

Security

Safein users will be able to rest their minds as they will no longer need to manage a number of usernames and passwords on different websites. This also means — no more tedious password recovery, and no need to skip that one good e-commerce deal you wanted before your account got locked out due to too many login attempts.

We understand that it can be scary to use your favourite login and password details on less known websites and small e-commerce sites which usually do not have the resources and competence to ensure the required security level. Account hacks and identity theft usually happen due to the weakest link in the chain. Handling user IDs, passwords and personal data should always mean taking security seriously — Safein users can be at ease about their personal data with us, which shall be encrypted and stored securely. With Safein you won’t need to rely on any weak links.

The ability to set up push notifications and enable logins and payments with a multi-factor authentication system via your smartphone, means that the users will be in control of both their identity data as well as their transactions at all times.

Comfort

Having to fill in registration, billing and shipping details will be a thing of the past with Safein. Same goes for waiting for a KYC procedure to be finished by a cryptocurrency exchange, wallet or peer-to-peer lending platform — with Safein you will register, log in and deposit funds or pay with just a few clicks not even touching your keyboard. This means gaining access to any service immediately.

In addition to that, Safein has a mission to be a solution for both fiat currency and cryptocurrency payments by offering a convenient wallet. This means users will not be required to store multiple fiat and cryptocurrencies accepted by different services providers — instead, you will be able to use your Safein wallet balance to access the provider offering the best price and value for your fiat or cryptocurrency and pay with the medium you have (having it converted to the currency accepted by the merchant automatically).

Together with a convenient one-stop-shop for managing fiat and cryptocurrencies, Safein users will also benefit from significantly lower transaction fees. Safein pledges to keep transactions fees low in order to maintain the growth of its community and become the solution of choice, so you can rest assured about this being a long-term feature and strategy.

To add a cherry-on-top when it comes to comfort, Safein adopters will enjoy cashback benefits when paying with SFN tokens — all purchases made with SFN tokens will yield a 0.25% cashback to incentivize further adoption of cryptocurrencies and increase the demand for SFN tokens.

Moreover, as Safein puts its users first, everyone will benefit from further loyalty awards just by using Safein — users will receive SFN tokens for registering, logging in and inviting their friends to join Safein community through a rewarding referral program. Early adopters will benefit the most so make sure to be among the early adopters for that first-mover’s edge!

Trust

Safein enables trust together with security and comfort. First of all — Safein commits to never sell user data to third parties. Our users will also benefit from increased anonymity and protection from unwelcomed data mining: with Safein, users will be able to see the exact personal data each merchant receives.

Furthermore, Safein will strive to always provides the minimal necessary data to each merchant and leave the rest anonymous where possible. Actually, there is no need for many merchants to have your name and surname, as long as they can be assured that you are over a certain age and are residing in a specific country.

Through Safein platform, users can request service providers to cease the collection of their data as well as to delete the data already collected — this enables the so called ‘right to be forgotten’ in a user friendly and practical way.

In addition to this, integration with Safein shall be a badge of trust for new merchants, meaning that the user can benefit from usually cheaper prices offered by newcomers and challengers in e-commerce by getting a full buyer protection when making a purchase. The buyer protection mechanism will support both cryptocurrency payments as well as fiat payments. Combined with a dispute management support service for unresolved cases, Safein will benefit its users as a trusted stamp-of-assurance.

Combining everything to solve problems

The Safein team is working tirelessly to combine security, comfort and trust benefits for its users into a solution which would solve e-commerce and cryptocurrency market problems as well as benefit the community adopting the solution. Our team knows that these problems are real because we are facing them every day in our cryptocurrency market activities and in e-commerce encounters.

If you want to be a part of solution, join Safein community on Telegram / Medium / Facebook or Twitter and be sure to check out and download Safein MVP as soon as we make it available to the public by the end of next week.

Safein — Make it simple.

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