Humaniq

by Humaniq

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BABB

by BABB Group LTD

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Humaniq

by Humaniq

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BABB

by BABB Group LTD

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What problem does this service solve?

Humaniq is building a blockchain-based banking platform to serve people in emerging markets that have previously not had access to banks.BABB will use blockchain to provide P2P banking services to clients that do not currently have access to them.

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Company Description

Humaniq is an innovative blockchain based financial services company, with its own cryptocurrency, whose aim is to combat poverty in emerging markets. Humaniq wants to provide greater access to financial services to the masses of people that are unbanked and are excluded from global economy. There are over one billion people that do not have access to traditional banks. Humaniq allows these users to open an account with only a smart phone and basic internet. Their platform has a simple and intuitive interface that requires minimal reading. Users are verified through facial and voice recognition, eliminating the need for formal documentation. Humaniq encourages third party integrations and enables projects to offer their services to an expanded audience that was previously nor reachable. Humaniq also operates an independent fund and accelerator to support projects designed to help the unbanked.
The network is powered by the HMQ token, that allows holders to become co-owners of a decentralized bank.

BABB is building a decentralized banking platform that will offer peer to peer banking services to the under-banked. The UK-based company is applying for a banking licence and is also exploring the possibility of registering in Lithuania. Their blockchain-based banking platform will use AI to assist in KYC compliance, and will implement a digital ID system that uses biometrics. BABB's network is powered by the Ethereum-based BAX token.

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