If this will be launched in the market will it support current cryptocurrencies and fiat currencies? or there will be just few of them to have more stability of the platform first? Hoping for any response coming from the team.
Greetings!
We are planning to start with the major currencies and major cryptocurrencies. But later we'll extend this list and add more currencies and cryptocoins.
Such plans will really help all the crypto currency users to save funds in a reputed platform under one account but how about the safety parameters and security for the funds.
In addition to using some of the industry’s most effective and secure technologies, we’ve also developed our own solution for securely managing cryptocurrencies.
Saifu stores customer’s fiat currencies in its bank in safeguarding accounts, and can’t do anything with customers’ money without a customer order. Using established technologies from Thales – a world leader in banking security technologies – we do more to protect access to each customer’s Saifu account. Each account has an access key that is created in the Thales Hardware Security Module – and spends its entire life in the module. Because none of the keys can leave the Security Module, hackers can’t steal them. Even in the unlikely event of our systems being hacked, customer keys can’t be stolen.
Our system also uses a series of ‘Treasury vaults’ and ‘Operation vaults’ to help protect each customer’s money. Transactions can only proceed – and account keys can only be accessed – when two trusted members of the Saifu team simultaneously insert smartcards into the Security Module. For day-to-day operations, this process is transparent for our customers – even though they’re benefitting from an extra level of security behind the scenes.
Our multi-layered security measures include:
- Multi-Factor Authentication – to help block unauthorized access to an account
- Data Encryption – to help protect sensitive information
- Web Application Firewall
- Hypervisor and Internal Firewalls
- Anti-Malware Software
- Unified Security Management – using an advanced Security Information & Event Management (SIEM) system
- Anti-DDoS (Distributed Denial of Service) Protection
- Intrusion Detection & Prevention System
- Security Patch Management
- Operating System File Integrity Monitoring
- Training Programs – for Saifu employees
- Source Code Audits
- Penetration Tests
- Access Rights Management
- Incident Response Plan