Review on Humaniq by Syed Adnan
Banking application based on blockchain technology.
It offers a set of features that represent its USP in the market through a large-scale inclusion approach. Its purpose is to attract underserved sections of society who have minimal funding and no proof of identity. Its focus is on developing the poor by providing them with financial services that are otherwise not accessible to them.
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Pros
- It allows each individual to mint only a limited number of currencies. It prides itself on being a fair cryptocurrency platform.
- It is also unique in enabling users to convert their currency to fiat currency. Its mobile app infrastructure provides an easy transition process.
- It uses a simple and fast facial recognition system and biometric data for its users.
Cons
- If they manage to pull off their weaknesses, this could prove to be a safe and profitable venture in the long run.
