Blockchain banking will empower low-income women
There are a lot of organizations who have made it their mission to improve the lives of women around the world by helping them access opportunities.
http://bit.ly/2mJp952
Topic: ☑ [ANN] ☰ [ ICO 06|04|2017 ] ☰ Humaniq — Discover the unbanked - page 196. (Read 272379 times)
For those, who missed
Blockchain banking will empower low-income women
There are a lot of organizations who have made it their mission to improve the lives of women around the world by helping them access opportunities.
http://bit.ly/2mJp952
Blockchain banking will empower low-income women
There are a lot of organizations who have made it their mission to improve the lives of women around the world by helping them access opportunities.
http://bit.ly/2mJp952
Humaniq Weekly Review
Blockchain Oscar nominees, @Bitcoinlady talks about Humaniq in Africa, Humaniq Representative at Assocham Indian Summit.
#blockchain #blockchainoscar #ICOsoon #fintech
https://www.youtube.com/watch?v=tkww6NqDPCQ
Blockchain Oscar nominees, @Bitcoinlady talks about Humaniq in Africa, Humaniq Representative at Assocham Indian Summit.
#blockchain #blockchainoscar #ICOsoon #fintech
https://www.youtube.com/watch?v=tkww6NqDPCQ
"iamnotback" pointed out that there is a major design flaw in the concept.
So you guys are just going to ignore this and potentially expose millions of your customers to the situation of losing their funds.
It's becoming very obvious that you are only concerned with raising the cash for yourself and don't care about the unbanked because otherwise, you
would have already come up with an answer to his legitimate concerns.
So you guys are just going to ignore this and potentially expose millions of your customers to the situation of losing their funds.
It's becoming very obvious that you are only concerned with raising the cash for yourself and don't care about the unbanked because otherwise, you
would have already come up with an answer to his legitimate concerns.
I know there are some things begging for answers from Humaniq team, but ti say they don't care about the unbanked is a flawed argument. The iamnotback you are quoting has is own stance about ICOs and anyone is entitled to his opinion but to come here and make such huge claim is wrong on your own part. It is just like asking a Vegie's view on meat
well they obviously do not care about the unbanked if they are still going ahead with the crowdfunding despite these very legitimate concerns.
"iamnotback" might have his faults but the points he has made need to be clarified because they expose points of failure in humaniq's design which
could result in their customers LOSING ALL THEIR MONEY
quoting "iamnotback":
if that mobile device is lost, stolen, or accessed even momentarily by a hacker (even if they just extract the keys and device ID perhaps even remotely and don't perform the attack over the user's mobile device), then the attacker only needs to fool the face and video identification system in order to steal the user's funds. They could for example exchange them for Bitcoin and be gone.
Secondly, if user loses his device he has lost his keys. So the only way those keys could be recovered (again meeting your requirement that users don't have to ever mess with keys or store them in a paper wallet) is if some centralized service is storing the keys and can perform a recovery process that identifies the user. But again the attacker can game this recovery process, perhaps unless it is administered by a real human interrogator. And the centralized service becomes a huge attack surface for a hacker to steal all the users' keys (Bitcoin exchange failures show it is a serious risk). And of course as you admit on page 20 of your whitepaper, then it means the biometric identification is not decentralized on the blockchain, but a centralized service.
1% or even 0.1% rates of theft would still be unacceptable.
so spare me your indignation, okay mummy....
Humaniq To Provide Financial Inclusion For Unbanked Population With Ethereum Technology
Cryptocurrency is in a prime position to bring financial inclusion to billions of unbanked people in the world. Unlike traditional banking, which requires identification documents and lengthy verification procedures, Humaniq is looking to eliminate poverty altogether. By delivering a wide range of new banking options to the world’s emerging markets, gaining access to financial services becomes a lot easier.
Humaniq onboards customers in an entirely different manner. The project uses a reputation concept based on proof of face to manage user identities. Identification documents can be forged easily and there is no way to guarantee every signed up user is unique. Humaniq addresses these issues as well with their Ethereum-based banking platform. Every user will be assigned a unique ID on the blockchain, ensuring every client is a unique individual.Read more
"iamnotback" pointed out that there is a major design flaw in the concept.
So you guys are just going to ignore this and potentially expose millions of your customers to the situation of losing their funds.
It's becoming very obvious that you are only concerned with raising the cash for yourself and don't care about the unbanked because otherwise, you
would have already come up with an answer to his legitimate concerns.
So you guys are just going to ignore this and potentially expose millions of your customers to the situation of losing their funds.
It's becoming very obvious that you are only concerned with raising the cash for yourself and don't care about the unbanked because otherwise, you
would have already come up with an answer to his legitimate concerns.
I know there are some things begging for answers from Humaniq team, but ti say they don't care about the unbanked is a flawed argument. The iamnotback you are quoting has is own stance about ICOs and anyone is entitled to his opinion but to come here and make such huge claim is wrong on your own part. It is just like asking a Vegie's view on meat
cannot waiting Humaniq Crowdsale to be started
"iamnotback" pointed out that there is a major design flaw in the concept.
So you guys are just going to ignore this and potentially expose millions of your customers to the situation of losing their funds.
It's becoming very obvious that you are only concerned with raising the cash for yourself and don't care about the unbanked because otherwise, you
would have already come up with an answer to his legitimate concerns.
So you guys are just going to ignore this and potentially expose millions of your customers to the situation of losing their funds.
It's becoming very obvious that you are only concerned with raising the cash for yourself and don't care about the unbanked because otherwise, you
would have already come up with an answer to his legitimate concerns.
Dev team - you are targetting the 2.5 billion unbanked people, how much of % do you think you can realistically attract from this? A lot of these unbanked are either far away from major cities or civilization or below poverty line? How do you think they can get their hanks on a mobile phone to use the app, let alone get Humaniq tokens from exchanges - which you need to fund, either by BTC or fiat, and to get BTC, either you mine it or buy usually with a bank account. It's very rare to get BTC buying it from someone using cash, especially in remote places. 
Alex Fork is well known person in crypto.
I believe his goal is to make a good project for the community.
Design and other small things are not important at this stage.
I know Alex personally, he is working 18h a day on this project!
The result will come.
Good luck Alex and the team
I will participate for 100%
I believe his goal is to make a good project for the community.
Design and other small things are not important at this stage.
I know Alex personally, he is working 18h a day on this project!
The result will come.
Good luck Alex and the team
I will participate for 100%
Thank you for your support.
Alex Fork is well known person in crypto.
I believe his goal is to make a good project for the community.
Design and other small things are not important at this stage.
I know Alex personally, he is working 18h a day on this project!
The result will come.
Good luck Alex and the team
I will participate for 100%
I believe his goal is to make a good project for the community.
Design and other small things are not important at this stage.
I know Alex personally, he is working 18h a day on this project!
The result will come.
Good luck Alex and the team
I will participate for 100%
Regarding the upthread post wherein I alleged that Ethereum can't scale (and tangentially I also alleged smart contracts on a Turing-complete.
^^^^^^^^^^^^^^^^^^^^^^^^^
This essentially says that Humaniq is full of the proverbial.
Humaniq should really be addressing all these points before trying to raise more funds.
I am sure they have team which can solve all questions.
For example I am more interested in business model and how they are going to earn by this app.
But these words about not professional design etc... I even don't want to read this everythng))
They wrote somewhere that they ll show something like beta-version, so I am looking forward.
What is the business model? What will a token holder get in the future?
this is mobile app to make it easy to use unbanked populations
more info here https://humaniq.co/#wallet
https://blog.humaniq.co/
What is the business model? What will a token holder get in the future?
Tokens will be tradable as other assets. Thus, it's value will increase with time, so it's considered as investment.And what do you mean exactly "business model"?
How Humaniq can be used?
You can read for example this
https://dl.dropboxusercontent.com/u/14533127/crypt/humaniq_cases.pdf
* REP token holders are entitled to a portion of Augur's market fee by reporting the correct outcome
* DigixDAO owners are rewarded with transaction fees of DGX tokens
* 1ST token holders earn fees by serving 'witness nodes'
What is the business model? What will a token holder get in the future?
Tokens will be tradable as other assets. Thus, it's value will increase with time, so it's considered as investment.And what do you mean exactly "business model"?
How Humaniq can be used?
You can read for example this
https://dl.dropboxusercontent.com/u/14533127/crypt/humaniq_cases.pdf
What is the business model? What will a token holder get in the future?
Very nice analysis. Adoption will be a tough challenge for this if it makes through. I'd like to see the developer's response / comment on this analysis.
Yeah, analysis is good.
We will response a bit later.
For now I can only share our news from last week from our blog.
Richard Kastelein visited Sankalp African Summit in Nairobi, Kenya.
You can read some details about this event more in our blog:
https://blog.humaniq.co/humaniq-weekly-review-mar-3rd-8237631f1a2a#.8or3thi6k
During a short-notice December campaign, Humaniq raised over $110,000 in Bitcoin and Ether at a pre-ICO crowd-funding.
Blockchain banking app Humaniq has pushed back its ICO (initial coin offering) to a new date in April. Citing restrictions on bitcoin withdrawals from Chinese exchanges, Humaniq’s rescheduled the ICO to take place from April 6th to April 27th.
“I’ve been in close contact with our Chinese partners, and our internal information shows us that there is strong interest in this ICO among Chinese blockchain community members,” stated Humaniq founder Alex Fork. “Therefore, we’re going to show some solidarity and good faith to our friends in China, and push back the ICO so that they don’t miss out on early investor rewards.”
Fork further clarified: “We’re not pushing the ICO date back due to any organizational challenges. Our team is ready and moving forward as normal. The only reason we’re pushing the ICO back is to see if the Chinese government changes their stance, and for our potential investors from that country to shift their digital assets so that they’re in play to be investors when the ICO launches.”
Still waiting April 27 , bookmark this thread!
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