Review on Humaniq by francis fernandez
Humaniq: digital banking service accessible to all
The Humaniq project was born as a virtual commerce initiative in 2016, as an alternative to counteract the inconveniences that the conventional banking system presents. He managed to collect a total of $ 5 million during his ICO in 2017.
Humaniq is a blockchain that operates under the Ethereum platform that serves as a bridge to make digital financial services available to all.
The mission of this project, founded in 2016 by Alex For, is to reduce the gap between legal and natural persons and the trading of digital assets.
This platform uses a biometric system so that users can access financial products that are developed within the digital economy.
This is a distinctive feature of this project, since its users are recognized by voice and face; and therefore identity documents are not necessary.
Humaniq has its own HMQ token that serves as an instrument to execute transactions within its platform.
Users earn the HMQ token through the reward system. Its value is currently below the US dollar.
Humaniq offers users an application compatible with Android and IOS devices in addition to its website for desktop computers.
In this way, the regulars of digital commerce have a mobile banking application accessible from the comfort of where they are.
The most important thing that we can highlight about Humaniq is definitely its philosophy of social inclusion; representing an open portal of opportunities for those who wish to expose their ideas in the community channels offered by the platform and for those who seek accessible banking services for all.
This platform offers financing for external projects and thanks to its open source the ideas of other programmers can be incorporated into the Humaniq protocol.
In terms of security, it has the benefits of the Ethereum encryption code that gives it anti-fraud characteristics due to its decentralized ecosystem.
Pros
- It is an application easily accessible through mobile devices.
- It allows the social inclusion to the digital banking system of ordinary people and expert developers.
- Your access system is totally secure, through the use of a biometric system.
- Financially supports the ideas and projects of external programmers.
- It is an open source application that allows the incorporation of new protocols to your system.
Cons
- There are no disadvantages in its use.
