THE SAFEIN PLATFORM: EXAMINING IT'S IMPACT IN A DECENTRALIZED BLOCKCHAIN BASED IDENTITY MANAGEMENT PLATFORM

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Before one can examine the impact of safein capabilities in a decentralized blockchain system of identity management,one has to determine the difficulties that must have engulfed the system; thus this has prompted me to briefly highlight some of the possible problems that safein will attempt to
solve in the process of revitalizing the entire decentralized blockchain based identity management system which are as follows;
  • Problems in e-commerce
  • Poor user experience
  • Transparency deficiency in how user data is managed
  • Threats to online security
  • Barrier for regulated businesses
  • Absence of a universal e-wallet


WHERE SAFEIN COMES TO PLAY TO MAKE SURE MOST OF THE PROBLEMS ARE ERADICATED

Establishment of Digital Wallets for payments:
Plans are already underway by the Safein team to fully be a licensed EU electronic institution with the sole aim of receiving and processing payments in full compliance with the law thereby making users hold their crypto and fiat in a single wallet and the flexibility of the wallet to convert to one another makes it even more intriguing.

Safein e-commerce commission for merchants:
How exciting it could be that being in possession of safein tokens commands rewards thanks to the exciting e-commerce commission initiative by the safein team making it possible for merchants to receive parts of their payments free of any commision and users who pay with safein tokens receive 0.25% cashback on every purchase.

User data protection:
The ability to make every transaction on the safein route safe is what most competitiors take negligence on which safein has taken serious heed on thereby making it possible for huge impacts to be made as blockchain technology can offer data protection,cyber security and money laundering.

To find out more about the Safein platform visit below
Also endeavor to read the whitepaper of this exciting project thoroughly 
Safein Officil Twitter Handle:
https://twitter.com/safeincom

Bitcointalk Username : Nsiman
Bitcointalk profile link : https://bitcointalk.org/index.php?action=profile;u=1210263
ETH Address : 0x1714ea3Cce6E6B8680eeaB0EB03e51b6C4E2797e

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