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/biz/ - Business & Finance

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File: 47 KB, 950x345, Humaniq Discover the Unbanked.jpg [View same] [iqdb] [saucenao] [google]
2475772 No.2475772 [Reply] [Original]

Barely shilled before here so here we go:

>Goal is to reach 2B unbanked people in developing countries
>Potential huge untapped market / emerging economy
>Only requires smartphone and internet connection, which is the first thing poor people tend to buy
>Identification based on biometric ID / facial / voice recognition
>enables poor people to take loans, transfer money, store money

Sounds pretty interesting. They did a ICO some months back. App's in alpha. Dev team seems solid.

What are your thoughts

>> No.2475797

>>2475772
>See CEO
Walk away.

>> No.2475819
File: 156 KB, 1280x720, 1468692556918.jpg [View same] [iqdb] [saucenao] [google]
2475819

>>2475772
>something something developing countries


gtfo out with the sandniggers and mudniggers lad

>> No.2475822

> Goal is to reach 2B unbanked people in developing countries
> distribute even more white wealth into third world shitholes

no thx Jeff

>> No.2475823

Didn't like their white paper.
They want to sell hardware to poor people.

Then those poor people need internet to make transactions...

To make it worse, the white paper doesn't provide a solution to how poor people will cash out their crypto.

Honesty this project sucks balls.

>> No.2475856

>>2475823
>doesn't provide a solution to how poor people will cash out their crypto.

yep my concern too. Everybody would have to adapt so constant exchanging wouldn't be necessary

>> No.2475869

>>2475772

Banking for piss poor kangs and pajeets. Only if they rip their faces off with charges can I support this project.

>> No.2475874

>>2475822
the value is created there. Do you think any 3rd world country has noticeable exports into 1st world countries?