One Account For All Currencies & Cryptocurrencies

in #cryptocurrency7 years ago (edited)

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An interesting ICO Saifu calls itself a "crypto-fiat financial institution" and has been conducting an ICO for a few days.

Saifu's goal is to bring crypto currencies into the mainstream, allowing customers to securely buy, sell and manage both cryptocurrency and fiat currencies on a secure, regulated platform.

Here is a video that explain how saifu works.

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Saifu makes using cryptocurrencies together with regular currencies accessible, easy and secure for a wide audience of non-tech savvy people and businesses

I haven't heard about them before but it's nice to see a project like this coming out of the Czech Republic. A different Czech company has released a new game recently called Kingdom Come Deliverance. Given the scope of that project it really seems like the Czech tech industry is growing rapidly. Not to mention their neighbour Poland. All of the slavic nations in central Europe seem to be gaining some form of international recognition in the tech fields.

Anyway, I can't pass any judgment on this coin as I haven't looked into it yet. But I found the article missing some links:
For those interested here is the link to their site.
And here they are on ICOBench. Currently at a 4.2 rating by 2 experts.
And of course the whitepaper.
Not sure why I just compiled that list of links but at least you can go #DYOR

This would be an upgrade over the Bitpay card and Swift card that Coinbase is offering. I wouldn't be surprised if we see Paypal try to get approval to mix crypto with Fiat in the next year or so. I am also waiting for Bezos to jump in. Crypto would be a natural fit for his passion to dominate, and with Overstock accepting Bitcoin as well as funding their own project he will want to outdo them.

An all in one account for crypto and fiat? That's quite ambitious of them. I wonder if they can pull it off? Though I gotta admit I'm also interested in it. I think I'm gonna give their site a visit and see what it's all about. Thanks for the info @tradewonk.

Does it needs verification?

I sincerely hope that their plans come to fruition as this will help cryptocurrencies in one way or the other.

Hmm, interesting developments to have a seamless union btw all cryptos

this would really be plus to digital currency and savings...

This is a welcome development, all digital currencies in one account, this post worth resteemed and upvote.

Thanks for this crypto currency news providing..... iappreciate this post. resteemit

Stremit is more than we think lets works as a team like my post i like yours lets grow together i hope you get

Stremit is more than we think lets works as a team like my post i like yours lets grow together i hope you get

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You already got ETHOS for that. Also, i wouldn't trust an ICO made in czech republic (will all due respect...)

This sounds good, but it reminds me of a translation project I made for a person in Dubai, the company is called Silvarcoin, they offer similar opportunities.

I'm actually really looking forward to this platform if it is well developed. Going to be interesting seeing both crypto and fiat together but every innovation has to start somewhere. Thanks for this @tradewonk

Very interesting. I'll check it out!

Thanks for imformation

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hopefully it will lift off.

Security is paramount for any investment, I wish this platform can provide the desired result, nice innovation.

Mastercard linked to their cryptocurrency account.

I guess my biggest concern with this would be the extra fees, and interest rates. It would be interesting to know a bit more about how these would be regulated on a monthly basis.

Peace.