• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Our Services
  • Contact Us
  • Newsletter
  • Top Nav Social Icons

Mobile ID World

Mobile ID World

Identification Revolution

  • Mobile ID
    • What Is Mobile ID?
    • Identity Associations
    • Premier Partners
    • FAQ
  • News
  • Solutions
    • Behavioral
    • Facial Recognition
    • Fingerprint Biometrics
    • Iris Biometrics
    • Second Factor
    • Smart Cards
    • Smartphones
    • Vital
    • Voice
    • Wearable Tech
    • Other
  • Applications
    • Access Control
    • Cloud Technology
    • Commerce
    • Enterprise
    • Healthcare
    • Identification
    • Internet of Things
    • Law Enforcement
    • Strong Online Authentication
  • Exclusive
    • Interviews
    • Featured Articles
    • Podcasts
  • Companies
  • Events

Ghana Trial of HMQ App Gets Underway in Earnest

September 13, 2017

The real-world trial of Humaniq’s blockchain-backed mobile banking platform is getting underway in earnest.

Ghana Trial of HMQ App Gets Underway in Earnest Moving beyond an initial pilot of a ‘Lite’ version of its app meant to test Humaniq’s HMQ cryptocurrency, Humaniq is collaborating with Ghana’s Local Women Entrepreneurs network and a civic development organization called Reach-Out Integrated to onboard 2,000 users, who are biometrically enrolled in the platform via two selfie photos and an SMS confirmation. From there, the users are able to perform transactions using the HMQ cryptocurrency, even with non-users, who are flagged by the app, prompting the registered user to invite them to join the platform. If they do, the user who sent the invitation receives an incentive reward.

The aim of the pilot is to ultimately get 10,000 participating users who can provide Humaniq with feedback as the company prepares to officially launch its Humaniq Marketplace API. In a statement announcing the pilot, Humaniq said it “effectively scales the long-standing tradition in many African communities of ad-hoc financiers lending to small- and medium-sized entrepreneurs.”

The effort comes as Humaniq expands into fintech financing with its leadership of a funding round for Securrency, a startup aiming to automate regulatory compliance for investors backing emerging technologies. That could in turn lead to more investment into HMQ, especially if Humaniq’s Ghana pilot proves a success.

Filed Under: Industry News

Related News & Articles

SuperCom Mobile and Wearable Tech to Help Enforce Quarantine in Israel

New EdgeVerse Brand Consolidates NXP’s Edge Computing Portfolio

New Gemalto Solution Allows HSM to Split Into Multiple Virtual HSMs

Primary Sidebar

Register For the Next Virtual Identity Summit

Travel & Hospitality Biometrics Online Summit
Register now!

Tweets

Sponsored Links

FACEPHI is a global leader in Facial Recognition technology and in Mobile Biometrics technologies. With a strong concentration in the financial sector, FacePhi's product is rapidly becoming a service used by banks all over the world. Its implementation doesn’t just save money, it is also a way to attract clients and build loyalty, while increasing the security of transactions for both the customer and the business. To learn more about FacePhi, visit https://www.facephi.com/en/

Recent Posts

  • Selfie Onboarding Specialist Names New CFO
  • AU10TIX Provides Selfie Onboarding for Israeli Digital Bank
  • ‘Meta Pay’ Plans Hint at Digital ID Applications
  • Google Switches to New In-display Fingerprint Sensor for Upcoming Pixel 6a
  • Meta Deactivates Instagram Filters for Users in Texas and Illinois

Footer

  • About Us
  • Company Directory
  • Advertise With Us
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • Archives
  • CCPA: Do not sell my personal info.

Follow Us

Copyright © 2022 MobileIDWorld