Categories: CryptoNews

Humaniq Partners With Deloitte, Raises US$3.8m Through ICO

It is evident the Humaniq crowdsale has not gone by unnoticed. Not only did the team successfully raise over US$3.8m so far, but the project’s team also signed a contract with Deloitte. Most people will know Deloitte for their financial services, and it is intriguing to see them take a keen interest in Humaniq. Providing financial services to the 2 billion unbanked people is a massive undertaking, and having a partner such as Deloitte will be quite beneficial in the long run.

Deloitte Teams Up With Humaniq

Cryptocurrency enthusiasts are well aware of what Humaniq aims to achieve by now. The project is all about providing financial inclusion products to the 2 billion unbanked people around the world. With a strong focus on Asia, South and Central America, and Africa, Humaniq will use blockchain technology to provide these direly needed services to communities in those areas. Additionally, Humaniq plans to expand their services to the rest of the world as well in the future.

In the cryptocurrency world, the project raised over US$3.8m during their Initial Coin Offering. While that amount will be put to good use, it is of the utmost importance the project partners up with established entities. The first major partner to take a keen interest in the project is none other than Deloitte. With their expertise in legal, auditing, plus a strong focus on blockchain-based solutions, Deloitte is a very valuable partner for Humaniq.

Strategic partnerships like these immediately give the Humaniq project even more credibility in the financial sector. Moreover, Deloitte can help the project highlight their legal efforts and intellectual property. Additionally, Deloitte will also provide consulting, tax, and advisory support to the Humaniq project. Since Deloitte has close ties to 80% of the Fortune 500 companies, this partnership will open new doors for Humaniq moving forward.

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All of this will further advance the roadmap for Humaniq, which mainly focuses on using existing scientific and technological developments for the betterment of the planet. Offering financial inclusion to the unbanked population is a big step in the right direction. Moreover, the platform uses biometric authentication to welcome new users to their platform, ensuring there can be no duplicate user records or people providing falsified information.

This platform will be of great value to the unbanked population living in remote and rural areas. Most unbanked people have no documents to prove their identity, which excludes them from access to traditional financial products and services. However, everyone in the world has unique biometrics, which will be leveraged by Humaniq to ensure these people will be able to enjoy basic financial services.

Given the explosive growth of smartphones and other internet-connected mobile devices, it is evident Humaniq is on the right track to make a big impact. Anyone can download the mobile application and set up an account in mere minutes, without needing documents to verify their identity. This is also part of the reason why the platform has seen so many people partake in their ICO, as thousands of people see the merit of what the project has to offer. The Humaniq crowdsale runs until April 27th, thus it is not too late to make a contribution just yet.

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JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

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