With strict capital controls in place by most countries to control the flow of money and charge high taxes, cryptocurrency gained usage in circumventing capital controls and taxes, leading to an increase in demand. Cryptocurrency has been able to present an easy to use digital alternative to fiat currencies. Offering frictionless transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user. Hence, counterfeiting and anonymous transactions are impossible to achieve.
While this revolution is gaining wide acceptance, SABI technology presupposes provision of a continuous access to a secure system, when the user's logging in to the area covered by a SABI module starts the authentication and authentication process allowing the protected system to securely authorize the user, and the user's logging out the area means that the system must interrupt authorization.
"Biometrics are already an important part of many people’s daily lives. The best smartphones, tablets and laptops now come with fingerprint, eye or facial map scanners. Meanwhile new web authentication standards that allow biometric log-ins are fast winning support from web browser giants including Google, Microsoft and Firefox.
Even more excitingly, decentralized blockchain technology now allows consumers to do business with companies online without having to hand over their personal information at all.
Instead, consumers can store their personal data on a blockchain with total ownership and control. This means companies never actually have control of customers’ data. For example, if a car rental agency needed to verify someone has a driver’s license, that person could provide an attestation or token reference. So if this car rental company’s servers are compromised, the customer’s data remains absolutely safe."
With that being said, SABI technology will be the basis for a system consisting of several products aimed at solving various tasks in the field of information security and secure identification and authentication.
But before we go any further, please check out this video presentation to get even more acquainted
What exactly is SABI?
As depicted above and as indicated on the official website of SABI, SABI technology presupposes provision of a continuous access to a secure system, when the user's logging in to the area covered by a SABI module starts the authentication and authentication process allowing the protected system to securely authorize the user, and the user's logging out the area means that the system must interrupt authorization.
SABI technology will be the basis for a system consisting of several products aimed at solving various tasks in the field of information security and secure identification and authentication:
SABI-auth authentication module that allows implementing the procedure of safe logging in to various systems and devices, such as smartphones, computers, homes, cars, etc.
SABI-net distributed authentication network based on the blockchain technology, which represents reliable secure authentication of users registered in the network anywhere in the world; it will become a global database for the authentication of most services and can be a universal ID, if identity verification is necessary.
SABI-Storage
It is SABI hard drive with biometric identification and authentication.
SABI Technology
It is based on the analysis of the high-frequency electromagnetic field of the person - an innovation in the area of biometrics.
The entire human body - all cells - acts as an "imprint", so the permanence of its characteristics is very high.
The system is open for operation only when the user is within the system scanning range. SABI can act as a global identity card.
Safety First
Security is your freedom from threats and negative situations. Everything else becomes possible only in conditions of security.
SABI security is not arbitrary, it always protects information such as:
Fingerprint scanner,
Iris scanner,
Face recognition system
Complicated method
Password,
Enter,
Bracelet,
Code,
Access card and
Terminal.
The Impending Challenges
Incompatibility
Most identification technologies are incompatible with each other and the user must use several methods to access different systems.
Complexity of Use
The user must remember and store all logins and passwords, have physical access keys with him/her.
Costs of Equipment
Different methods of identification require different equipment, this entails an increase in the costs for the purchase and maintenance of the entire infrastructure.
Decreasing Reliability
Most modern technologies are susceptible to hacking, data diddling and counterfeiting.
The Solution Offered - WHY SABI IS SO IMPORTANT IN OUR TODAY'S CRYPTOSPHERE
High security
The electromagnetic profile of the body cannot be lost throughout lifetime and it is impossible to fake it.
SABI technology is safe for the user, since its radiating power is less than the radiating power of smartphones, WiFi networks and other consumer electronics.
Simplicity and ease of use
The only one hardware module that can be used both individually and as a part of complex corporate and international systems.
The authentication process does not require any actions from the user.
Independence - Growth and scalability
No need for permanent connection to the servers to carry out the authentication process.
Continuous authentication
Automatic verification of authenticity in the course of the user's work, without additional actions on his/her part.
The Features
In the future SABI project can replace all paper documents and identification markers and create a basis for free trade based on smart contracts using the SABI authentication.
How It Works?
Security and Reliability
The electromagnetic profile of the body cannot be lost throughout lifetime and it is impossible to fake it.
SABI technology is safe for the user, since its radiating power is less than the radiating power of smartphones, WiFi networks and other consumer electronics.
Simplicity and Ease of Use
The only one hardware module that can be used both individually and as a part of complex corporate and international systems.
The authentication process does not require any actions from the user.
Independence
No need for permanent connection to the servers to carry out the authentication process.
Continuous Authentication
Automatic verification of authenticity in the course of the user's work, without additional actions on his/her part.
Token and ICO Details
SABI tokens will be created as Utility tokens in the form of payment certificates (vouchers) - certificates that allow paying for SABI products and services in the field of innovative biometric recognition.
SABI tokens will conform to ERC 223 standard and will be supported by most payment services and cryptocurrency exchanges. SABI tokens will have different possibilities depending on the area of product application (for private use/for organizations and businesses).
ICO Details
Token: Sabi
Platform: Ethereum
Standard: ERC223
Qty: 1,400,000,000 SABI
Price: 1 SABI = 0.02 USD
Payment: ETH, BTC
Soft cap: 4,000,000 USD
Hard cap: 18,000,000 USD
KYC: Not
PreICO
Qty: 10,000,000 USD
Start: 12.12.2018
Completion: 03.11.2019
Ico
Qty: 5,000,000 USD
Start: 03/12/2019
Completion: 05/11/2019
Token Distribution
77% Sale
15 % Team reward
5 % Bounty (airdrop)
1 % Advisors
1 % Developers
Distribution of funds collected
33% Technology Development and MVP
26% MVP production
20 % Marketing
9 % Project team reward
6% other expenses
4% Administrative expenses
2% Legal expenses
ROADMAP
2017 Q1 - 2018 Q2
Idea
Research and development
Strategy formation
Market research
Team formation
Brand development
2018 Q3 - Q4
Start of development work
Patenting of technology SABI (stage 1)
Registration of an operating company SABIGLOBAL under the jurisdiction of MALTA
2018 Q4 - 2019 Q1
Creating a SABI token
Carrying out Private sale, pre-sale, crowd sale
Making a working model of SABI
Adding to the listing of SABI token
2019 Q1
Purchase of equipment
Recruitment of a team of specialists
Patenting (Stage 2)
Conducting a Crowd sale
2019 Q1 - Q3
Development, patenting and licensing of the SABI-storage serial product
Development of the blockchain platform of the SABI-net
PR company
Presentation of the SABI technology to the corporate sector
Conclusion of contracts, development and implementation of SABI-auth in industry areas
2019 Q3 - Q4
Production of a serial batch of SABI-storage
Start of sales of SABI-storage
Service and maintenance
2020 Q1 - Q4
Development of technology
Development and release of new products
Service and maintenance
Development of the blockchain platform SABI-net
Development of a mobile application
Meet The Amazing Team
SERGEI SOLOVEV: Co-founder, COO
SABUKHI SHARIFOV: Co-founder, CTO
VLADIMIR TCYGANKOV: Cro
NIKOLAY IGNATIK: Teamlead Software Engineer
ILIA SDOBNOV: CMO
ILIA GORLACHEV: CFO
SVETLANA DAVIDOVA: Designer
ALEXEY IVAKHIN: Fullstack developer
ANNA SHAKHNAZAROVA: Community manager
GRIGORY SKAZOCHKIN: Frontend / ui
TATYANA GOLUBOVSKAYA: Marketing manager
Be a part of this incredible project. Download the whitepaper for the full scoop.
Till next time…
For more information, please visit:
Twitter: https://twitter.com/Sabi_global
Facebook: https://www.facebook.com/Sabiglobal-285536062278822
Reddit: https://www.reddit.com/user/Sabiglobal
Medium: https://medium.com/@sabiglobal
Instagram: https://www.instagram.com/sabiglobal
GitHub: https://github.com/sabiglobal
Whitepaper: https://sabiglobal.io/docs/WhitePaperEN.pdf
Website: https://sabiglobal.io
My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2487106
Disclaimer: This article was published in terms of the bounty campaign. I am not a project team member or its representative but a supporter of this incredible project.
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