Denis Opudo
Humaniq is a fintech company that offers digitized services by the use of its mobile app that works based on blockchain to the underprivileged and unbanked in emerging economies worldwide. Based in London UK, the company focuses on global financial inclusion. It does that by offering access to world markets, novel financial solutions, and greater opportunities. This happens via revolutionalized technology for those engaging financial services for the first time in their lives.
Humaniq announced its partnership with Prover that led to the signing of a Memorandum of Understanding (MOU). The MOU will help in tackling the distrust that is widely spread that limits people in taking part in the building of the new economy. This is more so in the ten industries in Sub-Saharan Africa where Humaniq operates in. the MOU will also help offer a better environment for the growth of the peer-peer economy. Prover’s technology will assist Humaniq to do away with video material forgery. It will instead examine their authenticity to protect the users of the app daily safety as they interact with people, get information and carry out business online.
The new App service is an important part of the company’s plans to instill in people confidence in the current economy while solving the issues of financial exclusions. This is developed further on the already existing safety features that include a secure messenger that has a wallet, live support chat, E2E encryption and bio-identification that is secured through a Hybrid Blockchain. The partnership gives the users of the App a tool to authenticate the authenticity of videos generated by the users. This is videos that have information and events in them. The service gives surety that a video is unique by the use of a swipe-code developed on blockchain at the time the user uses the new service. The user is then required to move his mobile device following a swipe code displayed on the screen offering the digital signature for the user on his video at the time when the video is recording. Prover then saves wrong data from the video file authenticity. It also confirms the facts and events on the blockchain at the end of every recording.
Humaniq’s CTO, Anton Mozgovoy says that the partnership helps the company to offer more security to its users. It will help to protect safety and privacy of people all over Africa and instilling in them an online confidence.
