“Humaniq is an entirely new banking experience that does away with all the barriers to entry of traditional banks by providing a simple UX and UI via mobile app that allows users to work, borrow, lend, save and pay using a protected biometric ID that no one can take,” said Alex Fork, CEO of Humaniq. “We’ve seen significant support from participants who have already pledged more than $300,000 USD and looking forward to receiving their bonuses.”
The Humaniq solution not only provides financial services for the mobile and unbanked, but it will also allow for Token Sale participants to invest – at preferred rates – in selected future startups with winning ideas and solutions to build third party products on the open source stack via a sister corporation.
One of the most innovative features planned for the project will include an ‘earn’ tab for the app where users can access digital work similar to what Amazon Mechanical Turk offers, which is a crowdsourcing mobile marketplace enabling individuals to coordinate the use of human intelligence to perform tasks that computers are currently unable to do.
Its innovative biometric authentication capability eliminates the need for traditional methods of ID and security, replacing passports and signatures, and enabling distribution and the trading of digital assets via Humaniq’s cryptocurrency, HMQ.
“Humaniq is much more than a financial services company. We are a solution to a global problem,” said Fork. “More than half the world lives on less than $2.50 a day and more than 80 percent of the world’s population lives in countries where income differentials are widening. We believe Humaniq can help reverse these trends and help bring people out of poverty by giving them banking tools that are easy to understand and can provide liquidity for entrepreneurial ventures via loans, investment, online work and crypto-financing as well as create new opportunities in the digital economy, locally, nationally and internationally.”
Humaniq is also committed to expanding the next generation of blockchain innovation.
Chief Marketing Officer Richard Kastelein and Technical Advisor Tawanda Kembo will serve as expert judges for this year’s 2017 Blockchain Oscars in March.
The Humaniq concept and mission are detailed in the company’s white paper and use cases.
For more information and to participate in the upcoming crowdsale, please visit: https://humaniq.co/.
Humaniq is an Ethereum-based blockchain banking app building the next generation model for financial services. Launched in 2016, Humaniq aims to provide mobile finance to the 2 billion 2 billion unbanked population through its mobile app that uses biometric authentication to replace traditional methods of ID and security. Humaniq’s open source stack and API will be available for startups and other businesses to build services on its core technology, making it easy to adapt their service and plug it into Humaniq’s network to reach a huge, untapped audience. For more information, visit https://humaniq.co/.
HedgeThink.com is the fund industry’s leading news, research and analysis source for individual and institutional accredited investors and professionals