Humaniq is a blockchain-based mobile application platform that aims to connect the billions of people without a bank (and with sub-standard bank services) worldwide. The Humaniq ecosystem also includes the Humaniq Forum, a place where people, specifically entrepreneurs, can come together and publicly discuss business. All transactions and payments are free from any fees on the transparent network. Users can also secure their accounts, money, and wallets with biometrics to bypass the need for long passwords. A virtual identity can also be created on its platform as a cost effective alternative to traditional identity verification services. The API of the platform is open-source and anyone can create their own decentralized app on it.
Humaniq (HMQ) is the Ethereum token that can be sent peer-to-peer among users to facilitate its virtual economy.