“Facial recognition is used for the registration and authentication of customers – with behavioral analysis lending a helping hand for the latter – and transactions on the platform are done in HMQ, Humaniq’s cryptocurrency…”
Humaniq has officially launched an Android app for its cryptocurrency platform.
It’s the product of a pilot version trialed earlier this year. Humaniq says its aim is to offer a mobile banking platform that extends financial services to the world’s unbanked population. Facial recognition is used for the registration and authentication of customers – with behavioral analysis lending a helping hand for the latter – and transactions on the platform are done in HMQ, Humaniq’s cryptocurrency, which is currently traded on exchanges including Bittrex, YoBit, Liqui, Decentrex and EtherData.
The latest version of the app features a built-in messenger service and “end-to-end encryption”, according to a statement announcing its launch.
With the app now official launched, Humaniq’s focus is now turning more to partners and collaboration. “At present we are… putting significant emphasis on integration with partnering projects,” the company asserted in its statement; it later added that “Humaniq’s plans are to continue developing the ecosystem, which will start with making the API available to partners.”
News of the launch comes about two months after Humaniq’s founder, Alex Fork, took over as CEO after having stepped aside to let an interim chief executive push the company through an initial growth phase.
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(Originally posted on Mobile ID World)
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