Review on Safex Cash by Pedro O. Alvino M.
Project based on the payment system of web stores
The Safex project will offer different merchants globally a platform to help integrate payment mechanisms under privacy parameters into their own stores and to connect the project's blockchain to serve as a means of transparency for buyers of goods. and services.
With two currencies integrated in their ecosystem, both have high profits in the strategies that the project adds in various sectors of its services, so that it enables various incentives through the SFT token to the asset holders through the income obtained by the market that the platform has, in addition to its main currency SFX, which is the currency that is used as a means of extraction by either CPU or GPU, where the asset will also count as a means of exchange and adds certain privacy characteristics.
An ecosystem where both merchants, developers and normal users can profit in the different areas that the project presents, so that the economy of both currencies of the project is consistent and its services intended for merchants in digital stores employ a potential to long term.
Pros
- Allows the creation of web stores with privacy parameters.
- Offers a decentralized ecosystem for merchants.
- Promotes the market system through incentives for traders and buyers.
- Designed with a network coin extraction mechanism with CPU or GPU.
- Its integrated market enables 5% of income to SFT holders.
Cons
- The project has several competitors in the cryptoactive market such as electronic payment system, goods and services market.
- Even a large part of the consumers at the level use centralized systems, so it will be difficult for the project to adapt in the short and medium term.
