Safu Network and Its Integration with Blockchain Technology
Safu Network is a decentralized finance project with a Charity program integrated which is allowing users access to transparent loans, insurance contracts, pooled investments, and more for financial freedom that allow not just turning inefficient money into efficient money, but does so in a safe way. Safu Network Charity program will help in fighting against poverty and help the vulnerable class of people to survive. With this program, we aim to allocate 2% of Safu Network profit to the charity program. This brings all the unique features in Blockchain technology.
About Blockchain Technology?
Blockchain, sometimes referred to as Distributed Ledger Technology (DLT), makes the history of any digital asset unalterable and transparent through the use of decentralization and cryptographic hashing. A decentralized, distributed ledger that records the provenance of a digital asset. Digital assets are distributed instead of copied or transferred. The asset is decentralized, allowing full real-time access.
A transparent ledger of changes preserves the integrity of the document, which creates trust in the asset. Blockchain is an especially promising and revolutionary technology because it helps reduce risk, stamps out fraud, and brings transparency in a scalable way for myriad uses.
Advantages of Blockchain in Safu Network
Accuracy of the Chain
Transactions on the blockchain network are approved by a network of thousands of computers. This removes almost all human involvement in the verification process, resulting in less human error and an accurate record of information. Even if a computer on the network were to make a computational mistake, the error would only be made to one copy of the blockchain.
Cost Reductions
Typically, consumers pay a bank to verify a transaction, a notary to sign a document, or a minister to perform a marriage. Blockchain eliminates the need for third-party verification and, with it, their associated costs.
Decentralization
Blockchain does not store any of its information in a central location. Instead, the blockchain is copied and spread across a network of computers. Whenever a new block is added to the blockchain, every computer on the network updates its blockchain to reflect the change.
Private Transactions
Many blockchain networks operate as public databases, meaning that anyone with an internet connection can view a list of the network’s transaction history. Although users can access details about transactions, they cannot access identifying information about the users making those transactions.
Secure Transactions
Once a transaction is recorded, its authenticity must be verified by the blockchain network. Thousands of computers on the blockchain rush to confirm that the details of the purchase are correct. After a computer has validated the transaction, it is added to the blockchain block. Each block on the blockchain contains its unique hash, along with the unique hash of the block before it.
Transparency
Most blockchains are entirely open-source software. This means that anyone and everyone can view its code. This gives auditors the ability to review cryptocurrencies for security.
Roadmap of Safu Network
Q1 2021
Project meetup and site development
Q2 2021
Deployment of Safu smart contract on Binance Smart Chain
Marketing and promotion
Token presale
Project partnership
Token distribution
Partnership with major crypto media, Blockchain agencies, and more
Q3 2021
Token lockup
Yield farming
Staking
Exchange listing
Q4 2021
Dice game platform integrated
Listing more major coins into the app
Wallet app available in windows and Linux
Integration of Bitrefile API for mobile money platform
Q1 2022
Test net
App development
Q2 2022
Launching of donation platform for used
Q3 2022
Full ecosystem launch
Liquidity lending section
With SAFU TOKEN and Safu Network platform, you will generate passive income with all DeFi features including but not limited to high-yield farming, static staking pool, Liquidity locking, and more. SAFU Network has the world's safest cryptocurrency & Fiat Compatible wallet, a multi-function wallet containing a high-yield farming and static staking pool in Blockchain.
For more update , visit us
Website: https://www./safunetwork.net
Road Map: https://safunetwork.net/roadmap.html
Telegram: https://t.me/safunetwork
Tweet: https://twitter.com/Safunetwork
Facebook: https://www.facebook.com/Safunetwork
Instagram: https://www.instagram.com/Safunetwork1
LinkedIn: https://www.linkedin.com/company/safu-network
ANN : https://bitcointalk.org/index.php?topic=5334706.new#new
Authorship
Proof Of Registration Link : https://bitcointalk.org/index.php?topic=5334758.msg56984482#msg56984482
BitcoinTalk username : ameliyaketty
My Bitcointalk Profile Link : https://bitcointalk.org/index.php?action=profile;u=2334838
BSC Wallet Address: 0x0aa75C53d8aF4B7b70B38D461d179941BFeBc2FF