Introduction

TLDR; SAFETRON stands for SAFE TRansactiON.

With Safetron we aim to safely perform a financial transaction backed by decentralised block chain and AI.

Background

There are several companies which focus on minimising financial risks associated with performing a transaction. Most of the tools work with a score based on AML, KYC, App/Browser fingerprint. They are huge gaps in available options for corporations to start with, for example many tools only check for AML, and transactions inside their system only, not able to check for any malicious accounts. Systems either do not have the information, or could not do the checks because they do not own the data.

On individual level, there are few tools available. There are no options for an individual to check if the transaction he/she is performing is fraud safe.

We aim to address this problem with an App which will be able to provide individuals and corporations a safe path to check and perform a transaction.

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