Blockchain company Humaniq announced on Friday it has formed a partnership with global consulting firm Deloitte. This news comes just after Humaniq secured $3.9 million through its initial coin offering.
Humaniq stated its currently on a mission to provide financial inclusion products and services powered by blockchain technology to 2 billion unbanked consumers worldwide. The company is currently conducting pilot tech projects in India and will be starting in Africa within the next few months:
“Humaniq aims to repurpose science and technology for the good of the world. The beta version of their fintech application was recently launched in Google Play for Android phones and simply requires a new user to register using their biometric identity by snapping a photo throu gh a face-recognition algorithm. The Humaniq application uses minimum language as it wants to be based on a simple user-interface and symbols, highlighting its international focus through the use of emoticons. This makes it simple to use even for the most illiterate people in the world. Humaniq will bring a great number of unbanked people into the world economy, enabling financial inclusion.”
With the collaboration, Humaniq and Deloitte will look to establish sustainable and structured operations to enable more financial inclusion, justice and strong institutions on a global scale. As part of the partnership, Deloitte will provide audit, consulting, tax, and advisory support to Humaniq.