Expert Coin

Safein is Taking KYC and Digital Identity to the New Level

10.05.2018

Safein team is on a mission to develop a complete KYC solution for businesses and a universal verified account for individual users. This will eradicate the traditional method of creating accounts on numerous websites (namely, e-commerce ones). In fact, it will bring the digital community to an Identity 2.0. The ambition is to finally enable users to properly secure personal data used by online service providers.

Individual users will get the following benefits: single universal account to access online services, quick and reusable KYC procedure, enhanced privacy (thanks to the blockchain). Businesses will gain from: complete KYC solution, reduction of fraudulent users rate, cheap method to increase number of users/consumers, straightforward API documentation.

An MVP was launched in Q4 2017.