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Humaniq Doubles Number of Nations Where it Brings Global Unbanked Better Options

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Humaniq

London, September 20, 2018 – International FinTech company Humaniq today expands its global reach by launching the Humaniq app with full functionality – wallet & crypto emissions – in a further 24 countries. The launch, from Asia to Latin America,  takes the total list of nations Humaniq App operates into 46. The expansion will provide both social and financial empowerment to the global unbanked population and widen the horizon for financial inclusion initiatives.

Launching the app in new continents with already close to half a million users onboard after less than a year Humaniq is ready for further rapid growth and achievements. As of today, the Humaniq App can be downloaded in 24 new countries: Republic of the Philippines, Myanmar, Sri Lanka, Papua New Guinea, Mongolia, Seychelles, Belize, Dominican Republic, The Bahamas, Guatemala, Honduras, Costa Rica, Venezuela, Guyana, Suriname, Paraguay, Oriental Republic of Uruguay, México, Albania, Montenegro, Macedonia, Republic of Serbia, Bosnia and Herzegovina, Republic of Iceland.

It is no coincidence that there are Southeast Asia and Latin American countries in the list of nations Humaniq now operates in. Humaniq will fill in the gaps in financial inclusion, bringing knowledge and skills that will help people to use financial products and services effectively and with a greater awareness of their rights and responsibilities in financial markets.

HumaniqToday, there are approximately 1.7 billion people without any access to financial accounts, according to the World Bank’s Global Findex Database 2017 (Findex). Traditionally, these unbanked individuals are unable to prove their identity, which makes it impossible to gain access to traditional banking facilities. Guided by the goal of expanding the banking sphere to the masses in historically underserved economies, the Humaniq team provides the unbanked with a wallet, bio-ID, secure messaging, end-to-end encryption, live support chat features, and transaction fees close to zero through the unique Hybrid Blockchain that the Humaniq App is built on.

Following its mission, Humaniq is focused on raising awareness of financial services and introducing FinTech innovation to the African region, aiming to empower the continent’s populace. Earlier, it ran a global challenge which invites social entrepreneurs to submit proposals for Blockchain startups that aim to introduce new financial services in Africa. Its social awareness campaigns have included a widely-viewed documentary highlighting the plight of Africa’s unbanked. Humaniq also directly engages local entrepreneurs through its extensive network of African ambassadors.

“Humaniq is an international project and the expansion from 22 to 46 new countries is ample evidence of that. This is precisely the route that Humaniq needs to follow in order  to reach its goal of making the world a better place through full  financial inclusion and financial literacy for all.”- said Alex Fork, Founder of Humaniq.

*Readers should do their own due diligence before taking any actions related to the company, product or service. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product or service mentioned in this press release.*

Press Releases

Kaspersky Lab shares Middle East, Turkey and Africa (META) 2018 Financial Insights and Predictions for 2019

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Dangers of Public Wi-Fi

LAGOS, Nigeria, December 14, 2018/APO Group/ — The past year has been extremely eventful in terms of the digital threats faced by financial institutions: cybercrime groups have used new infiltration techniques, and the geography of attacks has become more extensive.

Kaspersky LabAccording to the KSN statistics by Kaspersky Lab (www.Kaspersky.com), the Middle East, Turkey and Africa (META) region witnessed 17% increase in banking malware attacks to reach almost half a million attacks in 2018.  Cryptocurrencies have also become an established part of many people’s lives, and a more attractive target for cybercriminals across the world, which resulted in a rapid increase in malicious mining of cryptocurrencies.

Kaspersky Lab recorded a 4-fold increase in cryptomining attacks in the META region from 3.5 million in 2017 to 13 million in 2018.

“The META region is becoming more appealing to cybercriminals, with financial and malicious crypotomining attacks taking center stage. We discovered six new ATM malware families in 2018. On the other hand, illegal mining of cryptocurrencies has increased dramatically to overtake the main threat of the last few years: ransomware. We believe the reason behind this is that mining is silent and cause less impact that ransomware, making it less noticeable,” said Fabio Assolini, Senior Security Researcher at Kaspersky Lab.

Cybercriminals are not showing any signs of stopping and attacks will continue to evolve. Below are predictions by Kaspersky Lab experts on how these trends could affect our lives in the coming year.

Financial cyber threats 

  • 2019 could see the first attacks through the theft and use of biometric data. Biometric systems for user identification and authentication are being gradually implemented by various financial institutions. Several major leaks of biometric data have already occurred. These two facts lay the foundation for the first POC (proof-of-concept) attacks on financial services using leaked biometric data.
  • The emergence of new, local groups attacking financial institutions in the Indo-Pakistan region, South-East Asia and Central Europe. The activity of cybercriminals in these regions is constantly growing: the immaturity of protective solutions in the financial sector and the rapid spread of various electronic means of payment among the population and companies in these regions are contributing to this. Now, all the prerequisites exist for the emergence of a new center for financial threats in Asia, in addition to the three that exist already in Latin America, the Korean peninsula and the former-USSR.
  • Attacks on mobile banking for business users. Mobile applications for business are gaining popularity, which is likely to lead to the first attacks on their users. There are enough tools for this, and the possible losses that businesses incur would be much higher than the losses incurred when individuals are attacked.

The future of cryptocurrency 

  • Excessive expectations about the use of blockchain beyond the cryptocurrency sphere will disappear. In the end, this trend will be driven by people rather than the technology’s capability, as organisations and industries come to the conclusion that blockchain has a rather narrow scope of application, and most attempts to use in different ways are not justified. The reliable application of blockchain beyond cryptocurrency has been explored and experimented with for years, but there is little evidence of achievement. 2019 will be the year people stop trying.
  • Cryptocurrencies as a means of payment will decline further. In 2017 a number of suppliers of goods and services announced that they would accept cryptocurrencies as a form of payment. However, in the face of huge commissions (an acute problem in December 2017), slow transfers, a large price for integration, and, most importantly, a small number of customers, its use as a method of payment declined steadily. In the end, the use of cryptocurrencies by a legitimate business simply does not make much sense.
  • There will be no return to 2017’s sky-high exchange rates. Until January 2018, there were immense highs and lows in the price of Bitcoin. These are not expected to return as the value of cryptocurrencies levels out to reflect their popularity. There is a finite audience for whom cryptocurrencies are of interest, and once that limit is reached, the price will not rise further.

To read the full financial threat predictions click here.

To read the full cryptocurrency predictions click here.

Disclaimer: Readers should do their own due diligence before taking any actions related to the company, product or service. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product or service mentioned in this press release.

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Ripa – A Secure Cryptocurrency Trading Ally

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Ripa
Images by Ripa Exchange

Ripa is a crypto asset marketplace developed on ARK-blockchain technology with an aim to facilitate easy entry into cryptocurrency exchange landscape. It is basically a hybrid-decentralised exchange with a strong focus on lowering the cost involved in opening a new exchange and furnishing crypto-traders with a safe and secure trading ecosystem.

Features of Ripa

Following are some important features of Ripa:

  • Open Source

It is a personalised cryptocurrency exchange solution architecture that allows easy connection to KYC/AML, authentication, ETL/reporting, etc.

  • Transparent and Configurable

Being an open source technology enables Ripa to be more secure, transparent, flexible and highly configurable.

  • KYC Verification

Peatio’s KYC system efficiently submits and exchanges KYC data that is necessary to comply with banking supervisory standards and Customer Due Diligence (CDD) requirements.

  • Multilingual 

The platform supports a myriad of languages, thereby enhancing its usability for users across the globe.

  • Multiple Accounts

Ripa allows users to create multiple accounts, thereby making it easier for them to trade in multiple currencies.

  • Proof of Solvency

Peatio’s Proof of Solvency (PoS) enables users to authenticate solvency of the Peatio-based cryptocurrency exchange without impacting their privacy.

  • Strong User Interface

Ripa has a straightforward and user-friendly registration and login interface which ensures easy usability. Moreover, it also offers personalised deposit and withdrawal methods to its users.

The Dedicated Ripa Blockchain

Ripa Exchange will have its dedicated blockchain denoted as Ripa Blockchain, and will operate on the DPOS protocol. It will be serving five primary purposes:

  • List new cryptocurrencies on Ripa Exchanges
  • Promote new projects on the platform
  • Purchase of RipaEx gadget on the RipaEx store
  • Payment of transactions on authorised reseller platforms with RipaEx POS
  • Share liquidity between Ripa Exchanges within the same network

Delegated Proof of Stake Technology

Ripa Blockchain has integrated a delegated Proof of Stake Technology (PoS) consensus system. This algorithm was fundamentally designed to eliminate the challenges associated with Proof of Work (PoW) including centralisation of computing power and the high wastage of energy.

Ripa Liquidity Service Provider (RLSP)

Ripa Exchange

By incorporating SmartBridge technology, RipaEX aims to build a mechanism to offer liquidity among all exchanges on the network. The platform enables this by writing the single exchange orderbook in the Ripa Blockchain and by implementing order matching between all exchanges on the network.

Token Distribution

The platform aims to offer 115,000,000 XPX tokens and distribute these tokens in the following manner:

  • 65% – PreSale and RIPA TEC
  • 15% – RIPA founders team
  • 6% – Marketing
  • 5% – Bounties
  • 5% – RCF
  • 4% – Ark.io SCIC

The fund collected from the token distribution will be allocated in the following way:

  • 60% – Project Development
  • 20% – Marketing
  • 20% – Legal Support

Ripa – A User-Friendly Approach to the Crypto Domain

Creating a new exchange while advantageous, can be a complicated and expensive ordeal. Ripa is an hybrid-decentralised exchange that aims to make a foray in the crypto exchange world, easier and affordable for users across the globe. Moreover, by leveraging blockchain technology, Ripa has ensured that investors have a secure, profitable, and efficient cryptocurrency trading experience. 

Remember to connect to us…

Website: www.ripaex.io
Telegram: t.me/ripaex
BitcointalkANN: bitcointalk.org/index.php?topic=3759172
Whitepaper: github.com/RipaEx/whitepaper/raw/master/eng/RipaEx_WP_EN.pdf
Facebook: www.facebook.com/ripaex
Twitter: twitter.com/ripaex
Gitter: gitter.im/RipaEx/RipaEx
GitHub: github.com/RipaEx/
Blog: steemit.com/ripaex

Disclaimer: This is a paid press release. Readers should do their own due diligence before taking any actions related to the company, product or service. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product or service mentioned in this press release.

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Bitcoin Nonprofit BitGive Launches GiveTrack 1.0

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BitGive Launches GiveTrack

Santiago, Chile — December 5, 2018 — BitGive, the first Bitcoin 501(c)(3) nonprofit, has announced the launch of GiveTrack 1.0, the latest version of the flagship Bitcoin donation platform designed to enhance transparency in the donation process and empower donors to give more through direct, evidence-based reporting. Launched at the Latin American Bitcoin and Blockchain Conference in Santiago, Chile, GiveTrack 1.0 offers numerous technical upgrades from the beta product, including a brand new technology stack and easy onboarding for donors and nonprofits. In tandem with the launch, BitGive is announcing a Global Bitcoin Fundraiser in support of the four new nonprofits available on the GiveTrack platform.

The participating nonprofits include:

  • Code to Inspire — Code to Inspire (CTI) is the first coding academy for girls in Herat, Afghanistan. CTI has given more than 150 female students the skills and confidence to code, build apps, and generate work opportunities for themselves. Code to Inspire is fundraising to provide their 2019 class of students with updated computers, faster and more modern equipment, as well as upgrading the Internet connection and speed to maximize productivity and enhance the learning process.

  • Desafio Levantemos Chile — Desafio Levantemos Chile funds projects throughout Chile through microfinance, in which beneficiaries are empowered to play a lead role in managing and sustaining their own solutions. Desafio plans to provide more than 390 low-income children with sports equipment, providing an alternative sporting outlet so they will have a higher likelihood of staying away from crime and drugs and will also have a greater chance of being successful.

  • America Solidaria — America Solidaria works directly on social projects with the poorest and most underprivileged communities in the Americas, dedicated to improving quality of life.  Specifically, America Solidaria is raising funds to develop leadership skills among youth between ages 10-24 to become agents of social change and rebels with a cause (Concausa) that address the Sustainable Development Goals 2030.

  • Run for Water — Run for Water addresses the clean water crisis in Africa by providing access to clean water in local communities of Ethiopia.  The nonprofit is raising funds to bring the community of Waraba, Ethiopia, an underground fresh water spring for clean water. The local community of 2,175 people currently uses the local river as a source of water for both humans and animals, causing serious water borne illnesses, particularly in children.

Connie Gallippi, Founder and Executive Director of BitGive, said: “One of BitGive’s core missions has always been to leverage the potential of Bitcoin and blockchain technology for more than just simple transactions and to build products that can actually make a real difference. With GiveTrack 1.0, we’re providing a legitimate use case for the technology — utilizing the unique benefits of Bitcoin and blockchain, such as speed, transparency and security, to revolutionize the donation process. We’re hoping that the launch of GiveTrack 1.0 and the initiation of our Global Bitcoin Fundraiser will empower the global Bitcoin community to unite and give back to worthy causes this holiday season.”

As part of the campaign’s goal to encourage corporate donors to give $5K or 1 bitcoin (#Give1BTC) this holiday season, RSK, the creator of the first Bitcoin smart contract, has announced it will kickstart the campaign with a generous donation in the amount of $5,000. In addition, Bloq, a leading blockchain innovation company, has also announced a $5,000 campaign donation. These donations will be spread evenly across all of the participating nonprofits, and will help jumpstart each on meeting their fundraising goals.

Diego Gutierrez-Zaldivar, RSK/RIF Labs CEO, said: “We believe in BitGive’s value proposition to put Bitcoin and blockchain technologies to the service of charitable initiatives. Making the donation process easier, and more importantly transparent, is a great contribution to making the world better; and we are very excited that they have chosen the RSK Smart Contract Network to build this innovative technology.”

GiveTrack offers unprecedented transparency in the donation process, giving donors the ability to trace transactions on a public platform in real time. Donors can see exactly how their funds are spent and ensure they reach their final destination. In addition to an entirely new framework, GiveTrack 1.0 offers multi-signature bitcoin wallet security and smart contracts that leverage RSK technology. GiveTrack also provides donors with direct evidence-based reporting for their donations through milestones.

Peg Peters, Executive Director at Run for Water, said: “We are very honored to be working with Connie and the entire team at BitGive. We’re delighted to expand to a global and digital network that is excited to use technology and innovation as a force for social impact. We’re proud to be a member of this new launch for GiveTrack and are looking forward to being part of this revolution for philanthropy!”

Fereshteh Forough, Founder and CEO of Code to Inspire, added: “We look forward to working with BitGive, as we see Bitcoin and blockchain technologies having a bright future in philanthropy. By utilizing the GiveTrack platform, we’re able to target a network of charitable donors in the cryptocurrency space, which will give us greater opportunity to achieve our broader goals.”

GiveTrack 1.0 will go live today and is available for donations at https://www.givetrack.org/.

Disclaimer: Readers should do their own due diligence before taking any actions related to the company, product or service. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product or service mentioned in this press release.

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