What is Safe Coin (Safecoin)?

What is Safe Coin? According to official sources, Safe Coin is a blockchain-base

What is Safe Coin (Safecoin)?

What is Safe Coin? According to official sources, Safe Coin is a blockchain-based digital currency. Its value is primarily determined by two factors: first, it allows holders to use smart contracts without harming their assets or causing any losses to others; second, its transaction fees are priced in USD. The third point is that it is verified through a decentralized oracle network, which ensures that data can be collected and made public securely.

What is Safecoin? Safe token is a stablecoin and smart contract platform on the Ethereum blockchain, according to official sources.

Safecoin

According to recent announcements by the Safecoin Foundation, we are pleased to announce our collaboration with partners and project teams to provide secure digital asset storage services for developers.

It is reported that this collaboration will support users in creating their own accounts in smart contracts through secure multi-party computation (MPC) protocols. Both parties will continue to promote secure encrypted transactions and storage services during network upgrades.

Currently, SAFECOIN has received undisclosed funding led by BitGo, Coinbase Ventures, and Paradigm, raising over $100 million in funds.

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