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Humaniq set to reduce the gap between the two worlds of traditional finance and crypto economy in the UK

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London, June 20, 2018 – Humaniq, a dynamic UK-based Hybrid Blockchain company, along with 40 blockchain companies focusing on financial services, is featured in the report Blockchain in UK Industry FinTech Companies Overview conducted by the Big Innovation Centre, DAG Global, and Deep Knowledge Analytics.  

According to the report, Britain has the opportunity and all the required resources to become a strong innovative leader in the field of the crypto economy by 2022, The Guardian says. The UK has an amazing diversity of Blockchain projects, with  FinTech companies accounting for a large proportion of these startups. Named in the report, Humaniq is regarded as a blockchain-for-good infrastructure platform that combines distributed ownership, mobility, visual simplicity and biometric ID to connect the 2 billion unbanked people to the global economy. It is even able to help mitigate the refugee crisis, the report adds.

The Blockchain in UK Industry report analyses the Humaniq case study and lists the key features of Humaniq, its main products and profit generation sources, including the сreation of augmented economy elements for 3rd parties in the ecosystem and participation in the additional profits. Moreover, Alex Fork, Founder of Humaniq, is identified as one of the UK’s Blockchain Influencers.

“The report clearly shows a trend in the UK of a rapid adoption of new technologies and this means that the stage is already set for projects that are anxious to change the world, the whole financial system and the lives of millions of people. The Humaniq team is excited to be in the centre of the action where the history of technological development and the emerging crypto economy is taking place before our very eyes” – said Alex Fork, CEO Humaniq.

In addition, a few days ago Humaniq participated in the All-Party Parliamentary Group on Blockchain (APPG Blockchain) at the U.K Parliament and was announced as one of the leading use cases of blockchain-for-social-good for delivering financial services in 16 African countries.

Alex Bausch, a seasoned entrepreneur with broad experience in all aspects of international business development, mentioned: «The importance of Humaniq’s contribution to financial and social infrastructure cannot be overemphasized. The progress the Humaniq team has made so far is astonishing and they are well on their way to achieving their ambitious goals. »

ABOUT HUMANIQ

Humaniq is a London-based Fintech firm that provides next-generation financial services using its Blockchain-based mobile application to the unbanked and underprivileged in emerging economies globally. Humaniq is focused on worldwide financial inclusion by providing access to global markets, greater opportunities, and novel financial solutions using repurposed technologies for those gaining exposure to financial services for the first time.

Media contact:

Humaniq PR team

Pr@humaniq.com

See more at http://humaniq.com

The Humaniq film: https://youtu.be/cUU88lIx8uQ

Join us:

https://www.facebook.com/humaniq.co/

https://humaniq-co.slack.com

https://www.linkedin.com/company/humaniq

https://t.me/HMQtrader  

https://www.reddit.com/r/Humaniq

https://open.kakao.com/o/gR94ctw

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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The low volatility of Litecoin and Bitcoin on the spotlight

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Just like many other cryptocurrencies, Bitcoin, as well as Litecoin, currently sit in vitality as much as the market is concerned. Will Bitcoin and Litecoin recover as much as many have been speculating? Apparently, it is hard to tell how the investors will react to all these recent events.

When looking at the current trend of the volatility of Litecoin and bitcoin prices in US dollars, it is quite clear to note that there is a decrease in volatility. The price of bitcoin stands at $6,574 with a slight change (24h) of +0.06%. On the other hand, Litecoin is trading at $53.94 with a difference (24h) of -1.45% at the press time. Basically, at the moment there isn’t a significant downward movement between the two cryptocurrencies.

Spectators Never Fail to Give Reasons

As always many spectators will seek to give some reasons for the trends and some think that the downward move is just a manipulation by some small group so that they can outscore the stock market. Perhaps, it is a bear market, and with the volatility of the coins being technically low, it means it is cheaper, which is definitely better.

The Real Meaning

What the trends literally mean is that there is an accountable resistance with both Bitcoin and Litecoin contrary to the expectations of many who were anticipating at least some positive movement after the sharp market rise last week.

However, that doesn’t mean that…

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Ripple blockchain integration into DZ Bank Germany probably underway

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The online world of business is undeniably changing. But, have we seen its full extent yet? Perhaps the answer lies with the blockchain technology. Some studies point out that with blockchain (like Ripple, and of course, other similar ones like Stellar or the ones that might come to the party) integration by the banks, they will be able to realize significant savings.

The banks will enjoy cost reductions not only in their payment processing as well as reconciliation alongside compliance and treasury operations.

DZ Bank AG Considering Ripple Interledger Protocol

DZ Bank is one of the most talked after bank in Germany. It is the second largest bank in the country by asset size as well as the central institution. The bank functions as both a central institution as well as corporate and investment bank.

Concerning potential Ripple Interledger protocol integration, the bank has listed a couple of slides in their recent report “blockchain(s) and potential impacts on reconciliation.” It is not rocket science to what that may mean just because the protocol is all about cross-border transactions.

If at…

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Taking the Booming Cosplay Industry to the Next Level with Tokenization

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In the past couple of decades, some aspects of Japanese culture have begun to spread like wildfire through the rest of the world. Foremost among them is the fascinating and thought-provoking world of Japanese comics and animation.

At the same time, it’s become increasingly popular for fans to interact with each other and express their enthusiasm for manga and anime through cosplay, where people dress up as their favorite fictional characters or even create their own.

In fact, cosplay has grown to be a jaw-dropping $45 billion industry, with no signs of slowing down anytime soon. However, the industry and its participants aren’t without problems.

At the top of the list of issues holding the cosplay industry back are those associated with copyright and revenue sharing. As with most any global industry, there is inefficiency due to language barriers, different currencies, and varying regulatory guidelines for intellectual property.

So, how can blockchain technology help? There are a handful of answers to that question, actually. A few are:

  • An immutable blockchain can be used to store records such that there is no longer any doubt about a piece of content’s original creator.
  • A blockchain can securely store and track user’s digital IDs in order to discourage harassment and other nastiness that prevails on online media forums.
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