☑ [ANN] ☰ [ ICO 06|04|2017 ] ☰ Humaniq — Discover the unbanked

[Xandan]

Well, that is huge number of downloads which is big milestone in such short time for real life usage application to land in smart phones of people those are interested. I am quite the number of downloads will speed up with what is going on on marketing and development side.

[muleroaa]

Humaniq celebrates success: First working hybrid Blockchain and 100,000-strong community

Reaching a technological and a community-building milestone gives Humaniq reason to be confident for future expansion, as it finds way to cut transaction costs, and hundred thousandth community member joins.

London, March 19, 2018 - Humaniq has achieved the first working hybrid Blockchain with the 2.0 version of its app, to retain the benefits of the Ethereum main-net while expanding faster.

Humaniq today announces that the recently launched 2.0 version of our app is delivered on a unique Hybrid Blockchain. In a technological milestone, it is the first project with a working hybrid Blockchain that is not in prototype or beta-testing stage. Humaniq has successfully solved the problem of scaling ERC20 projects. The new, improved app sits on the Ethereum Blockchain with the unique combination of sidechain solutions in individual African countries, such as Uganda, Senegal, Zimbabwe, Tanzania and Rwanda.

Before, all Humaniq coin transactions were made on the Ethereum main-net. However, the security of a transaction in the main Ethereum network is provided at a cost of about $84.85 at the current rate[1]according to figures that apply until 15th March, 2018. This is a barrier to the App’s expansion and to emerging economies entering the 21st Century economy. This is why the company started work on a new architecture that would both allow for HMQ tokens to remain open and accessible on the Ethereum main-net, and also provide an inexpensive method to secure the network - vital to allow our users to make small transactions with transaction fees close to zero.

The solution consists of one, main, HMQ Blockchain, and a number of internal Blockchains where user wallets from different countries are stored and operated together, while remaining identifiable and personalised based on the user’s country location. When the capacity of the existing Blockchain due to the volume of transactions gets fulfilled, the system unpacks and boots up the next Blockchain to scale the system horizontally.

It means that transactions can continue to be made in a decentralised and transparent way, necessary to overcoming the cost barriers to expanding financial services to the many regions that banks do not serve. But now there is no ceiling to the growth of Humaniq community and of the use of the app, which has been already downloaded more than 100,000 times from Google Play. It also means the company remains open to any regulatory rules that individual nations may adopt.

“Our development team’s proud of this technological first, which brings together the benefits of the Ethereum Blockchain and of individual Blockchains. Our unique solution allows us to serve ever more of the global unbanked population, building on the 100,000 downloads already made - without the costs of providing services of either the miners or the traditional banks,” said Anton Mozgovoy, CTO Humaniq.

http://www.pressat.co.uk/releases/humaniq-celebrates-success-first-working-hybrid-blockchain-and-100000-strong-community-8dce92892610f618d7c44d0e9219e7b0/

That's pretty good 100,000 downloads is a nice start. Are there any more usage statistics available for the app? And retention statistics of the current users?

The scaling solution is quite unique too, did not expect this from the project.

[abonarea]

Humaniq team has reached to have 100k members which is huge community. If we connect all the small pieces of working groups and teams working on Humaniq and opened minded team always welcoming changes and suggestions for improvements. Humaniq is most advanced project in this field of banking the unbanked in remote areas of Africa.

[doedz]

Humaniq team has reached to have 100k members which is huge community. If we connect all the small pieces of working groups and teams working on Humaniq and opened minded team always welcoming changes and suggestions for improvements. Humaniq is most advanced project in this field of banking the unbanked in remote areas of Africa.

Yes, I believe this project will match ripple. Will even beat ripple in terms of popularity and usability.
But now, humaniq still not much supported in terms of the market. Its exchange is only 4. And should increase if this coin wants to compete and increase its popularity becomes larger.

[Apened]

Humaniq team has reached to have 100k members which is huge community. If we connect all the small pieces of working groups and teams working on Humaniq and opened minded team always welcoming changes and suggestions for improvements. Humaniq is most advanced project in this field of banking the unbanked in remote areas of Africa.

Yes, I believe this project will match ripple. Will even beat ripple in terms of popularity and usability.
But now, humaniq still not much supported in terms of the market. Its exchange is only 4. And should increase if this coin wants to compete and increase its popularity becomes larger.

I don't think it will match with ripple a reasonable is being centralized of ripple many hate banks especially how it is invested by big banks which can be a result of manipulation on its price. Unlike humaniq whilst a decentralized banking system that has more a lot of good works and outcomes adoption and a proper working products is only awaiting.

[Nivir]

Humaniq team has reached to have 100k members which is huge community. If we connect all the small pieces of working groups and teams working on Humaniq and opened minded team always welcoming changes and suggestions for improvements. Humaniq is most advanced project in this field of banking the unbanked in remote areas of Africa.

Yes, I believe this project will match ripple. Will even beat ripple in terms of popularity and usability.
But now, humaniq still not much supported in terms of the market. Its exchange is only 4. And should increase if this coin wants to compete and increase its popularity becomes larger.

I don't think it will match with ripple a reasonable is being centralized of ripple many hate banks especially how it is invested by big banks which can be a result of manipulation on its price. Unlike humaniq whilst a decentralized banking system that has more a lot of good works and outcomes adoption and a proper working products is only awaiting.

Well, Ripple still consider themselves as decentralized though they are working with different banks. We cannot deny that Ripple is becoming very big and that Humaniq still needs lots of works to be done.

[stadus]

Humaniq team has reached to have 100k members which is huge community. If we connect all the small pieces of working groups and teams working on Humaniq and opened minded team always welcoming changes and suggestions for improvements. Humaniq is most advanced project in this field of banking the unbanked in remote areas of Africa.

Yes, I believe this project will match ripple. Will even beat ripple in terms of popularity and usability.
But now, humaniq still not much supported in terms of the market. Its exchange is only 4. And should increase if this coin wants to compete and increase its popularity becomes larger.

I don't think it will match with ripple a reasonable is being centralized of ripple many hate banks especially how it is invested by big banks which can be a result of manipulation on its price. Unlike humaniq whilst a decentralized banking system that has more a lot of good works and outcomes adoption and a proper working products is only awaiting.

Well, Ripple still consider themselves as decentralized though they are working with different banks. We cannot deny that Ripple is becoming very big and that Humaniq still needs lots of works to be done.

Exactly, we have to based on the achievement, Ripple has already achieve a lot and that is why it has an all time high of almost $4 and just started
at around $0.005, that is a big increase considering as well that the volume is in billions. Eventually in the future if HMQ will continue to develop
their product for sure it can also be successful like Ripple.

[Pipesnake]

Humaniq team has reached to have 100k members which is huge community. If we connect all the small pieces of working groups and teams working on Humaniq and opened minded team always welcoming changes and suggestions for improvements. Humaniq is most advanced project in this field of banking the unbanked in remote areas of Africa.

Yes, I believe this project will match ripple. Will even beat ripple in terms of popularity and usability.
But now, humaniq still not much supported in terms of the market. Its exchange is only 4. And should increase if this coin wants to compete and increase its popularity becomes larger.

I don't think it will match with ripple a reasonable is being centralized of ripple many hate banks especially how it is invested by big banks which can be a result of manipulation on its price. Unlike humaniq whilst a decentralized banking system that has more a lot of good works and outcomes adoption and a proper working products is only awaiting.

Well, Ripple still consider themselves as decentralized though they are working with different banks. We cannot deny that Ripple is becoming very big and that Humaniq still needs lots of works to be done.

Exactly, we have to based on the achievement, Ripple has already achieve a lot and that is why it has an all time high of almost $4 and just started
at around $0.005, that is a big increase considering as well that the volume is in billions. Eventually in the future if HMQ will continue to develop
their product for sure it can also be successful like Ripple.

Ripple has its own blockchain and is already there for some years.HMQ is on ETH blockchain and it's not even a year for this project.I appreciate your comparison of these two projects and potential of HMQ, but it is too early to call this a success similar to Ripple.

[termion]

This week, devs were mostly working on bug fixing and backend optimization. Their Tanzanian users experienced delays due to the overwhelming SMS traffic. The problem has been resolved now.

Devs have also been working on the caching in their updated chat system. With the latest update, the messages should be loading significantly faster.

[NrX]

Those steps which Humaniq technical team is taking to overcome the issue of expensive transaction will be fruitful. It is comprehensive piece of writing where keeping mainnet access open continuously while coming out with extra solutions. This article keeps huge potential in its depth.

[doedz]

Humaniq team has reached to have 100k members which is huge community. If we connect all the small pieces of working groups and teams working on Humaniq and opened minded team always welcoming changes and suggestions for improvements. Humaniq is most advanced project in this field of banking the unbanked in remote areas of Africa.

Yes, I believe this project will match ripple. Will even beat ripple in terms of popularity and usability.
But now, humaniq still not much supported in terms of the market. Its exchange is only 4. And should increase if this coin wants to compete and increase its popularity becomes larger.

I don't think it will match with ripple a reasonable is being centralized of ripple many hate banks especially how it is invested by big banks which can be a result of manipulation on its price. Unlike humaniq whilst a decentralized banking system that has more a lot of good works and outcomes adoption and a proper working products is only awaiting.

Well, Ripple still consider themselves as decentralized though they are working with different banks. We cannot deny that Ripple is becoming very big and that Humaniq still needs lots of works to be done.

Exactly, we have to based on the achievement, Ripple has already achieve a lot and that is why it has an all time high of almost $4 and just started
at around $0.005, that is a big increase considering as well that the volume is in billions. Eventually in the future if HMQ will continue to develop
their product for sure it can also be successful like Ripple.

Ripple has its own blockchain and is already there for some years.HMQ is on ETH blockchain and it's not even a year for this project.I appreciate your comparison of these two projects and potential of HMQ, but it is too early to call this a success similar to Ripple.

Yes, it is still far when compared with ripple, but make a ripple an example and motivation that HMQ can be like a ripple someday even if it does not have its own blockchain.
I believe this project will be successful from the stability of its price at the exchange. Although it has small volume when the situation like this still can survive and not far with the highest price in January.

[--DarkSecrets--]

Those steps which Humaniq technical team is taking to overcome the issue of expensive transaction will be fruitful. It is comprehensive piece of writing where keeping mainnet access open continuously while coming out with extra solutions. This article keeps huge potential in its depth.

More on it the transaction and how humaniq will work as a bank which is very identical to the banks in every countries. By the way you said article, what does the article all about? or may i get the link for it i wanna read some interesting stuffs from HMQ

[abonarea]

Humaniq is my one of the favorite projects from day first even it is taking more time than I thought it takes at start. A nonstop evolution in development is going on and we see it reaching this far and can make comparison where it started from and where it it now. That is big number of developers and countries included in list to deliver there.

[Distinctin]

Humaniq is my one of the favorite projects from day first even it is taking more time than I thought it takes at start. A nonstop evolution in development is going on and we see it reaching this far and can make comparison where it started from and where it it now. That is big number of developers and countries included in list to deliver there.

My favorite as well that's why until now I am still holding HMQ tokens.
One of the most undervalued coins so far because it was not listed in big exchanges, we have bittrex yeah but with a very low volume.
I am sure they are making it sure that the platform is well develop before listing it in a high volume exchanges.

[termion]

This week has been devoted to enhancing Blockchain security. Devs have identified and fixed a medium-size bug.
- Devs have also performed two client updates this week: minor design enhancements and some bot updates. It is becoming smarter and smarter.



https://twitter.com/Humaniq/status/979835742619914240

[termion]

It's all about timing. HMQ's has built a strong base now. If we keep growing at this pace, it won't take long to attract people once market recovers and people see the positive in blockchain/crypto again

[Ziskinberg]

It's all about timing. HMQ's has built a strong base now. If we keep growing at this pace, it won't take long to attract people once market recovers and people see the positive in blockchain/crypto again

For investors, this is the time to continue to accumulate as we are giving a very cheap price now.
With a big project like this, we should not let this just slip away, we have to benefit when the market is still undervalued.

[freedomgo]

When money is out of the question, people start to look at things differently. Hope your efforts didn't go to waste. The words you've spoken to the fund, the impression you left behind. They'll remember. Great job!
Glad to hear Humaniq is working becoming a part of something big. Though we're uncertain if it will succeed, I do believe these actions won't be in vain

Believing is important, we don't see the results yet but we see the effort the team are doing.
With a timely update, this gives us enough information we need to make us relax and be comfortable with the money we invested.

[partplowtola]

I'm ready to promote this project because I believe in the success of this project!

[tarolog]

Sure, Humaniq is definitely going to be a brand that would stand out among many blockchain players. I am positive that before this year ends we are going to see success in adoption and partnership. They are working the work not just talking the talk