Humaniq vs BlockFi vs Etherecash
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. | BlockFi allows users to earn interest, or receive cash loans, by depositing their Bitcoin or Ethereum. | Etherecash is a blockchain-based platform that has many of the same functions as a traditional bank. It offers a peer-to-peer lending system, debit cards for crytpo funds, and money transfers. |
Token Stats
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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. | BlockFi is a crypto-backed lending and savings platform. It allows users to leverage their cryptocurrency assets to secure cash loans, and get fast liquidity, as well as earn interest on their Bitcoin and Ethereum holdings that are deposited. | Ethercash's goal is to create a peer-to-peer lending ecosystem. Ethercash provides crypto backed peer to peer lending that allows users to lend crypto to anybody in the world with their loan system.Users can borrow a significant percentage of their crypto assets without having to liquidate them. Ethercash loans are ex ecuted with smart contracts that are on the Ethereum network. The platform also enables fund transfers with low fees and debit cards that can be used to withdraw fiat currency and make purchases. |