MERGING BLOCKCHAIN TECHNOLOGY, SMART PHONES AND BIOMETRIC IDENTIFICATION TO CREATE A NEW PARADIGM
We identified three key questions that Humaniq needs to answer to be successful:How do you create a fair and equitable system for all users?
How do you eliminate the hardware and energy requirements of mining for new users?
What if many users do not have access to formal identification and are unfamiliar with email and 2FA?
Humaniq is using the well-established architecture of Ethereum, rather than a proprietary blockchain, as the basis of our platform. For this, we are creating our own exchange-tradeable token - HMQ. In addition, our system will also be able to handle transactions in ether, bitcoin and possibly other cryptocurrencies.
Were using a new concept called Proof of Face (PoF), a radical departure from the energy and computationally intensive PoS and PoW methods used for most blockchain currencies. New tokens will be generated by user actions, such as opening an account, inviting friends, and carrying out other one time actions, so that every user will start with a limited amount of HMQ that they can use to begin interacting with the Humaniq economy.
To eliminate the need for formal ID or emails and complicated passwords, Humaniq is using biometric identification to both register new users and to verify transactions. It will be the first network where every user is guaranteed to be unique.
After discussing this idea with many blockchain and fintech experts and following their very positive feedback, we are now proud to present to you: Humaniq, a new financial ecosystem whose focus is on connecting the unbanked and underbanked, worldwide.
Usage Case 1- P2P and Small Business Lending
A user has an idea to do something productive, but needs capital. They select the P2P lending function on the Humaniq app and negotiate a small loan with another user.
Usage Case 2- Insurance
A craftsman wants to send hand-carved figurines to an international buyer, but the nearest international shipment center is hundreds of miles away. The seller finds an insurance provider through the app and insures their items so that they are compensated in the event of damage or loss during transport.
Usage Case 3- Remittance Payments
A worker overseas wants to send money back to their family, but neither of the parties have bank accounts. Rather than pay an excessive fee to go through a transfer agent, the worker converts his currency into bitcoin and sends it to his family member, who uses a mobile cashier service to convert bitcoin to the local currency.
Usage Case 4- Remote Work
A company has easy online tasks that are difficult to automate, yet not cost-effective to hire locals for. A Humaniq user selects tasks that they can do, and makes a small amount of bitcoin, HMQ, or ether for their work. Tasks can include things like rating products, providing reviews, or moderating videos.
WE VALUE THE COMMUNITY'S FEEDBACK
We are looking for honest, reliable feedback and welcome your suggestions.
Our main website can be found here: Humaniq
A draft version of our white paper can be accessed here: Humaniq Whitepaper
Please note that this is not the final version and that additional improvements/solutions will be included following discussions with potential users and investors.
You are also welcome to join the discussion on our SlackA FAIR PRE-ICO TO ACCELERATE THE PROJECT
In December, with little fanfare and a small team, Humaniq more than achieved our pre-ICO funding goals. The enthusiastic response of our supporters has allowed us to expand our team and begin working on our roadmap. We recently passed a significant milestone by releasing the early alpha version of our app for testing on both iOS and Android.
2013:- Author of the book
"Bitcoin. More than money."2014-2016:-Speaker at numerous fintech conferences.
2015: -Deep Knowledge Life Sciences Representative.
2015, October:- founded
Future Fintech accelerator community and coworking, helping to develop companies in the field of novel financial technologies.(
video)
2016, May:- organised an
Ethereum conference with Vlad Martynov (Ethereum advisory board) and Vitalik Buterin, which was attended by over 500 banking professionals.
2016, April:- held a meeting with UN representatives in Moldova,discussing financially depressed and unbanked regions and meeting potential partners for the Humaniq project.
2016, June-September: - took part in
supporting Waves and
Emercoin projects and helping them to acquire proper blockchain technologies.
2016, August: - finished successful
crowdfunding campaign for publishing Salim Ismails book Exponential Organizations (Singularity University, Silicon Valley)
2016, September-October:-after meeting the Bitcoin Embassy Israel team, and several other development teams there, we developed the architecture of the Humaniq project. Started writing the Whitepaper.
2016, November-December:- launched the first steps of the Humaniq project.
Should you require any additional information about our organization, please feel free to drop us a line at