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RE: Humaniq: banking services for the undocumented and unbanked
They will control their own information - on the Blockchain and decide who gets to see that information, not any central authority.
They will control their own information - on the Blockchain and decide who gets to see that information, not any central authority.
But you said they are illiterate. How are they gonna control their own biometric data (which are open on the Internet with every login) if they are illiterate? Would you use biometric data as litterate?
And if they live on less than $2.5, then they really just need hardware to game their crypto of choice through faucets. Also, if the are illiterate, they are not stupid. And even as illiterate, they can choose symbols from the keyboard and write them to paper, where they will not be available to everyone like biometric data.
At the end, I have to thank you. Your “arguments” have made me sure that Humaniq is human only by name.