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PureFi Introduces SafeTransact to Enhance Web3 Security

Web3 Technology has fundamentally altered how financial exchanges are carried out by removing the need for middlemen and also enabling decentralized and protected peer-to-peer transactions. Despite this, Web3 comes with its own set of unique security issues and concerns. SafeTransact is a brand new approach that has been proposed by PureFi, a decentralized finance (DeFi) protocol for cryptocurrency onboarding. SafeTransact analyzes blockchain transactions and immediately warns users of any questionable behaviors that it discovers.

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