Can SavAct cryptocurrency be used for retail points of sale of goods?
Sadly not, because in the end there is a risk that the merchant wont get paid.
Why do you think that SAVACT cryptocurrency will be able to effectively deal with Internet scammers?
What is the customer protection algorithm?
The algorithm and description of the probability of loss of funds are described in White Paper
https://savact.com/wp_en.pdfThe probability of fundlosses savact has calculated is false. They used non-randomized data from ebay and assumed the darknetmarkets have the same amount of scammers as ebay, which they dont.
Why do you think that SAVACT cryptocurrency will be able to effectively deal with Internet scammers?
What is the customer protection algorithm?
As far as I understand, if the seller did not send the purchased goods, then SAVACT cryptocurrency can return to the buyer’s account
Why do you think that SAVACT cryptocurrency will be able to effectively deal with Internet scammers?
What is the customer protection algorithm?
As far as I understand, if the seller did not send the purchased goods, then SAVACT cryptocurrency can return to the buyer’s account
Apparently, the participants in the transaction make a guarantee amount in SavAct coins.
Therefore, fraud is not beneficial for the parties to the transaction
That is, if the online store did not send the goods, then the buyer will receive his money back?
Is this algorithm described in the technical documentation?
No, the funds wont be returned. So savact is not a buyer protection
Where can I see links to the social accounts of your team members?
I want to be sure of the professionalism of your team
The whitepaper does list a team, but social media tells otherwise. None of them do really seem to have any real relationship to savact.
What is the reason for delaying the start of the sale of coins?
Are you developing a new concept for your project?
This seems to be not their first failed project. There was another canceled kickstarter project back in january 2018
