The beauty of safe is that every type of entity can use our platform — whether you are an official authority, a governmental institution, an insurance company, an enterprise, or an individual. So far, we have already formed many strategic partnerships, and we intend to grow our partnerships network to help fight crime around the world.
S4FE is the world’s first blockchain-based global database for registering, identifying, and verifying stolen and lost items. Our revolutionary approach turns an entire industry upside down, provides a solution to the globally increasing problem, and will decrease the number and value of stolen and lost items.
The platform is an interface that enables users to:
• Register their property/objects anonymously in the network
• Report theft/loss in real-time
• Make counterfeit / lost / stolen items identifiable
• Examine items that are found or offered for sale
• Report stolen / lost / counterfeit items
• Receive rewards for discovering and returning items
When cooperating with public authorities, S4FE pursues a clear goal: to equip as many police officers, (customs) investigators, etc. with the S4FE app as possible. This means that in the event of suspicion, officers can check the ownership or authenticity of carried objects at a traffic or person control on the spot in real-time. As a result, S4FE will make investigating and prosecuting theft, stolen goods, and product piracy much more efficient. In addition, this will increase detection rates, which is the primary motive of any crime-fighting agency: a high clearance rate.
Insurance companies can, among other things, encourage existing and new customers to participate in the network by giving them discounts on policies when they register their valuable belonging on the network. This creates a recognizable added value for everyone involved. In addition, insurance companies create another decisive added value through S4FE: lowering internal costs. By reducing the number of claims, the settlement costs and administrative expenses will also be reduced.
Ultimately, commercial partners are particularly important for S4FE because they already have customer bases and thus can drive the growth of the network in the shortest possible time. Retail cooperation partners are to be regarded as individual users since they will also register objects in contrast to official cooperation partners.
The difference is that they use S4FE for the purpose of identifying authenticity instead of identifying ownership or locating objects. The possibility of equipping their products with non-manipulable features is an excellent benefit for manufacturers. It allows them to strongly contain, if not even exclude, counterfeiting of their products and enables them to offer their customers unique security when purchasing their products.
This aspect represents a significant competitive advantage because customers will be more inclined to purchase products for which they can rule out counterfeiting. This is especially true for high-quality luxury brands, where customers often have to pay several thousand euros. Furthermore, by using S4FE, brands can strengthen their brand image and stop being associated with ‘fake’. Just think of the examples of a fake Rolex watch or Luis Vitton handbag that are readily available for purchase.