Now here's a GREAT partnership that is out to do some really good things. Humaniq, a blockchain technology startup has just raised $3.8M and executed a contract with Deloitte to manage Humaniq's structure and operational efforts globally. Humaniq is aiming to provide financial inclusion services and products to the 2 billion unbanked people around the globe. Such an awesome project and now having Deloitte as a partner certainly increases the odds of success. After all, Deloitte has been a big pioneer in the blockchain space. Go Humaniq.
(Bill Taylor, CEO)
"Humaniq is on a mission to provide financial inclusion products and services powered by Blockchain technology to the 2 billion unbanked people across the globe. Their first three operational priorities are Africa, South/Central America, and some parts of Asia. And then they will expand to the rest of the world.
Conscious of the challenges ahead when it comes to IP, legal and operational structure Humaniq is preparing for its next challenges. The organisation has recently conducting pilot tech projects in India and is starting in Africa in the next few months, while managing its ICO that raised so far over $3.8M.
Deloitte is a global powerhouse in auditing, legal, IP and a driver in Blockchain identity technology, making it the right auditing and innovation firm to manage Humaniq’s structure and operational efforts in multiple countries and locations.
Humaniq aims to repurpose science and technology for the good of the world. The beta version of their fintech application was recently launched in Google Play for Android phones and simply requires a new user to register using their biometric identity by snapping a photo through a face-recognition algorithm.
The Humaniq application uses minimum language as it wants to be based on a simple user-interface and symbols, highlighting its international focus through the use of emoticons. This makes it simple to use even for the most illiterate people in the world. Humaniq will bring a great number of unbanked people into the world economy, enabling financial inclusion.
One example of the Humaniq app’s benefits is a case-study of a Nigerian farmer who lives ninety miles away from the closest bank. Furthermore, he does not have a vehicle or any ID verification to access or open a new bank account. Humaniq enables this farmer to sell his corns or peppers and buy new seeds on an international scale, as long as he has a simple smartphone and basic access to the internet. And all of this happens for a fraction of the fee when compared with traditional banks or money-transfer companies..."
Source: The-Blockchain