Blockchain

Blockchain startup Humaniq launches a global challenge where winners get all-paid trip to Kenya

by Company Announcement September 25, 2017

On September 1, Humaniq opened an international competition of blockchain projects to improve the lives of the world’s unbanked people by integrating them into the global financial system. Winners will refine their ideas on an all-paid trip to Kenya, then receive support in launching an Initial Coin Offering (ICO) and an opportunity to join the Humaniq accelerator.

The challenge aims to identify startups that will maximize Humaniq’s humanitarian potential and will become effective business partners on its infrastructure. We invite entrepreneurs, blockchain projects developers, programmers, marketing specialists, and economists to enter the competition in teams or individually.

Future directions include but are not limited to the following:

peer-to-peer lending
peer-to-peer insurance
payments without a fee
charity without intermediaries
loans for business
remote use of human computing power by IT companies

Humaniq brings isolated people into modern markets, creating a new source of growth for the world economy and impacting individual lives. By leveraging a widespread ambassador program, Humaniq reaches even the most isolated regions in emerging countries, helping reduce hunger and poverty while giving people the opportunity to save, lend, and raise money.

Humaniq is a simple and secure mobile app, delivering financial inclusion solutions to the 2.5 billion unbanked and the 1 billion underbanked. Its cryptocurrency token, HMQ, is the core of Humaniq’s cutting-edge banking system. More than 10,000 investors, the UN, and the startup accelerator at Barclay’s, the oldest bank in London, support Humaniq.

Digital Citizenship

Anyone who has a basic smartphone and internet access can become a digital citizen. Along with digital citizenship, Humaniq’s users receive the equivalent of $18 in the cryptocurrency HMQ in their accounts as well as an opportunity to use its[.1] basic financial instruments. Humaniq’s citizens use advanced bioidentification (face and voice) to register and log in to Humaniq’s mobile app. The interface is simplified for maximum visuality and gamification.

But, this is only the beginning: Humaniq is open to third-party projects that can be easily integrated into its ecosystem.

Challenge Details

The Humaniq Global Challenge international competition opened to applicants on September 1 and will close on September 30, 2017. On October 3, a list of 30 semi-finalists will be published. These teams will present their ideas and will show prototypes of their solutions on October 13.

After the resulting competition on October 16, the jury will select 10 projects as finalists. These projects will receive support from experts, wide PR coverage, opportunities to obtain investments, and a chance to enter the Humaniq accelerator.

The three best projects will be announced on October 20. Their teams will go on an expedition to Kenya in order to explore the lives and financial habits of the unbanked and thus refine their projects. The expedition will take place from October 28 to November 4, 2017. Journalists and a professional guide will accompany the group.