SAIFU: A bridge between Fiat and Crypto world
Because of the complex nature of Blockchain technology and cryptocurrency at large, wallet setup, transfer of tokens from wallet to exchange, all this has made many people who would have wanted to venture into cryptocurrency to have a rethink. All this has drawn mass adoption backwards as only geeks and a few others who are knowledgeable about how cryptocurrency trading works have been able to take a position on cryptocurrency.
Also purchasing and selling of this cryptocurrency sometimes poses as a big problem as most times we need to convert our tokens to either Bitcoin before we're able to make withdrawals and sell them for Fiat. All this, has been seen by SAIFU and SAIFU is here to provide solutions to all these hassles faced.
As a licensed financial institution, Saifu offers a traditional online banking experience to people who want to use cryptocurrencies alongside fiat currencies. This is to say that with SAIFU, one can easily purchase any cryptocurrency with Fiat. That's one can trade cryptocurrency against Fiat on SAIFU platform.
SAIFU makes it easier and safer for consumers, businesses and banks to buy and use cryptocurrencies. Saifu gives customers the simplicity of one account for all their currencies and cryptocurrencies. SAIFU's multi-layered, bank-grade security helps to keep customers’ money safe. Unlike most of its competitors, Saifu has a license and is monitored by external regulators. Saifu is fast and easy to use, and this eliminates any chance of being skilled in any area before one can be able to use the platform.
All that's required in order to be eligible to exchange on SAIFU is one has to undergo a KYC Session. This makes one eligible to exchange between Fiat and cryptocurrency. Fiat currency can be transferred to and from:
- IBAN accounts via SEPA/SWIFT
- Visa/Mastercard from any bank.
Blockchain payments and transfers can be made directly to other wallets and accounts outside Saifu without any hassle. Corporate bodies can also use SAIFU to transfer their Fiat in purchase of cryptocurrencies or transfer their cryptocurrencies in purchase of Fiat. Which ever way they want, SAIFU provides services to everyone.
One might be wondering how SAIFU will achieve this bridge between Fiat and cryptocurrency world. SAIFU currently runs full BTC and ETH nodes to make/receive BTC and ETH
transactions also Saifu connects to the major cryptocurrency exchanges, which allows SAIFU to offer customers’ competitive exchange rates.
The Saifu Crypto Vault offers bank-grade security for cryptocurrency storage, while keeping customers’ keys separately. SAIFU's IT systems are designed to minimize downtime, helping to ensure that customers can access SAIFU's services whenever they want while keeping customers’ keys separately. The SAIFU's crypto vault, uses established technologies from Thales a world leader in banking security technologies to ensure the optimal security of customers account. This vault prevents any hack from taking place in anyone's account as each account has its own keys and these keys never leaves the Thales Hardware Security Module as each key is produced from the module.
Buying, storing and using cryptocurrencies is complicated in most services on the market
today. Customers are often asked to maintain their own wallets and keys. Converting to and
from cryptocurrencies involves registering accounts on one or more exchanges to get good
rates. And moving funds between accounts can be a hassle most customers don’t want to
deal with.
With Saifu, whether at home, in the office or out and about, customers benefit from a convenient way to manage their cryptocurrencies and traditional currencies. Because each function
has been designed to be intuitive to use, customers don’t need any special technical skills or banking skills. If a customer already knows how to use an online banking service or mobile banking app, they’ll find using Saifu simple.
SAIFU's TOKENS AND ICO DETAILS
Saifu Tokens (SFU) will be used to pay for all transaction fees on the Saifu platform. Fees are
determined in fiat currency and paid in SFU. As Saifu targets users who seek simplicity with
cryptocurrencies, customers can request Saifu purchase the tokens for them via the platform.
However, using their own tokens gives customers benefits in the loyalty scheme, which is the main function of the Saifu Token. Because all fees are paid in SFU, as demand for services
increases, demand for the token should grow.
The ICO is currently in progress. You can head to their website for participation details.
Useful links
Website : https://ico.saifu.ai/
Ann: https://bitcointalk.org/index.php?topic=2472594
Twitter : https://twitter.com/AiSaifu
Facebook : https://www.facebook.com/saifuai/
Telegram : https://t.me/saifu_ai
Whitepaper : http://ico.saifu.ai/Saifu-WhitePaper.pdf
I can be reached on BTT : https://bitcointalk.org/index.php?action=profile;u=1016770