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Security First International Holdings, Inc.
Security First Int'l Shareholder Update
Published Jun 5 2018
5 min read

Security First Int'l Shareholder Update

Dear Shareholders,


Security First Int'l (OTC:SCFR) is a Intellectual property holding company and technology incubator of financial products and services for the cryptocurrency ecosystem.


Our focus has been on the development of tools and procedures to alleviate the friction in OTC cryptocurrency transactions.


OTC stands for “over the counter”, and it’s a way to buy and sell Bitcoin and other assets or cryptocurrencies without seriously inflating or deflating the price, maximizing trading power.


Intermediaries in OTC transactions put buyers and sellers together based on different criteria. OTC transactions require an element of trust more on behalf of the coin seller than on the buyer, due to the nature of the blockchain. Security First Int'l has developed procedures and banking instruments to mitigate risk in these transactions.


We have secured one hundred million US dollars in blocked funds to provide risk coverage to OTC sellers and have published procedures on implementation at http://firstcryptobank.io    


We are currently in talks with a number of intermediaries and brokers on service roll-out to there clients.


We also continue to support our alt-coin and SCF blockchain project. Our alt-coin is paired with bitcoin and can be traded for bitcoin on the tradesatoshi exchange. 


Monetization of the blocked funds is our focus and priority. Monetization opportunities will come through sales, marketing and positioning ourselves as an authority in the cyrptocurrency ecosystem. 


Sincerely,
Chairman and CEO


Shares of Security First Int'l are available at e-trade