humaniq.comHumaniq

Ambassadors Challenge Blog Open source Exchange Contact us Care charity platform is live, check it out here! Ambassadors Challenge Blog Open source Exchange Contact us JOIN OUR TELEGRAM MENU Annual Report 2018 Care is a charity and fundraising platform built around our application and infrastructure Check it out! — 01. The first mobile service with the capacity to change the world is a new generation financial services with its own cryptocurrency, which is aimed at eradicating poverty amongst millions of people living in the emerging economies For the unbanked people opens up the benefits of financial inclusion and grants access to a series of financial services For businesses enables start-ups and projects to offer their services to an audience of billions Whitepaper — 02. According to the World Bank's Global Financial Inclusion Database, there are currently 1.7 billion people on Earth who do not have access to official financial services 31% About 1.7 billion adults — 03. 's ever‑growing userbase is a blue ocean for thousands of new projects 1 billion new users in the coming years $4 trillion potentially in user accounts 200+ start-ups are planning to move onto the platform — 04. What makes a big thing Connecting the unbanked 10 years of research across Asia and Africa, carried out by the authors of Portfolios of the Poor, showed that poverty proliferates in regions whose inhabitants do not have access to financial services. is becoming the simplest route to financial inclusion for billions of people. User base exponential growth According to Metcalfe's law, the value of a network is proportional to the square of the number of its users. For , this means that the more unbanked people who join the system, the greater the motivation will be for other people to join. — 05. Join the global community — 06. Simplicity and safety for the unbanked Biometric authentification Users are verified by their face and voice, eliminating the need for formal documentation Independent HMQ currency Every new user receives $20 worth of HMQ in their account, the value of which bears no relation to their local currency The interface is simple to interact with Even for those who have never used gadgets before — 07. Extraordinary opportunitites for business Based on Ethereum blockchain protocol Guaranteed security against hacking, corruption and loss of information thanks to complete decentralisation Independent fund and accelerator External projects and promising ideas can receive expert support and investment for a launch into the system Open API Any project can merge into the system — 08. The world is ready for change Including the poorest in the financial system increases the value of their assets, transforming the underlying economics of financial services through digital currency - helping those who live in poverty directly. — Bill Gates The world is ready for change Because of technology, we can help shape the arc of history to bend it towards financial inclusion and greater human progress. Financial inclusion is a massive undertaking – one that can only be met together – across countries, sectors, and industries. — Ajaypal Singh Banga, MasterCard CEO The world is ready for change Widely used digital finance has the power to transform the economic prospects of billions of people and inject new dynamism into small businesses that today are held back for lack of credit. Emerging economies have an opportunity to use mobile technologies to provide digital financial services for all, rapidly unlocking economic opportunity and accelerating social development. — McKinsey Global Institute Report September 2016 The world is ready for change In pyramid of development the bottom-most layer needs to be strengthened through financial inclusionimproving purchasing power of the poor. — Narendra Modi The world is ready for change Including the poorest in the financial system increases the value of their assets, transforming the underlying economics of financial services through digital currency - helping those who live in poverty directly. — Bill Gates The world is ready for change Because of technology, we can help shape the arc of history to bend it towards financial inclusion and greater human progress. Financial inclusion is a massive undertaking – one that can only be met together – across countries, sectors, and industries. — Ajaypal Singh Banga, MasterCard CEO The world is ready for change Widely used digital finance has the power to transform the economic prospects of billions of people and inject new dynamism into small businesses that today are held back for lack of credit. Emerging economies have an opportunity to use mobile technologies to provide digital financial services for all, rapidly unlocking economic opportunity and accelerating social development. — McKinsey Global Institute Report September 2016 The world is ready for change In pyramid of development the bottom-most layer needs to be strengthened through financial inclusionimproving purchasing power of the poor. — Narendra Modi The world is ready for change Including the poorest in the financial system increases the value of their assets, transforming the underlying economics of financial services through digital currency - helping those who live in poverty directly. — Bill Gates The world is ready for change Because of technology, we can help shape the arc of history to bend it towards financial inclusion and greater human progress. Financial inclusion is a massive undertaking – one that can only be met together – across countries, sectors, and industries. — Ajaypal Singh Banga, MasterCard CEO The world is ready for change Widely used digital finance has the power to transform the economic prospects of billions of people and inject new dynamism into small businesses that today are held back for lack of credit. Emerging economies have an opportunity to use mobile technologies to provide digital financial services for all, rapidly unlocking economic opportunity and accelerating social development. — McKinsey Global Institute Report September 2016 The world is ready for change In pyramid of development the bottom-most layer needs to be strengthened through financial inclusionimproving purchasing power of the poor. — Narendra Modi — 09. use cases Zero fee money transfers Blockchain technology allows users to carry out direct money transfers, cutting out the middleman. The money is transferred as our HMQ cryptocurrency and withdrawn via authorised exchange points. Users can choose the point with the best exchange rate, therefore avoiding any financial monopolies. Remote work Companies can utilise 's ever-growing user base to carry out tasks involving the processing of information. Users can decode and translate texts, identify photographs, locate geotags and so on, in return for renumeration. Charity without corruption Charity, carried out in the traditional way, often leads to a large proportion of donated money falling into the wrong hands. Blockchain technology, combined with the infrastructure of , ensures that donations are completely transparent: stakeholders are able to see what every penny is spent on and can be sure that all of their money is going to help people. Guarantor lending Grameen Bank in Bangladesh has created a system of loans based on honesty and trust, which guarantees over 90% repayment. The system allows for the creation of a similar system but on a global scale: every person on Earth will be able to take out a commission-free loan using nothing but a smartphone and the app. Direct lending to entrepreneurs Following the principle of the non-profit organisation Kiva Microfunds, which enables loans for entrepreneurs on low incomes, will become a platform for both donations and loans. You can lend money to a business you'd like to support, either as a grant or with the expectation of a return – the blockchain technology makes this process incredibly simple and effective for both parties. Ze...