Humaniq Hybrid Blockchain Platform Recognized For Social Good Use Case by UK Parliament

2018-7-19 12:47

Humaniq Takes The Title Of ‘Leading Use Case For Delivering Social Good Using Innovative Tech’

The All-Party Parliamentary Group (APPG) Blockchain successfully transpired on July 16th, 2018 at the Palace of Westminster. During the event, blockchain-based financial services provider, Humaniq, earns the title of having established a leading use case.

APPG Blockchain was created as a way to introduce blockchain technology and its real life uses within the UK, ultimately working towards making UK the leading country when it comes to all matters Blockchain and Distributed Ledger Tech (DLT). This will not only serve as a mean to bring U.K to the top, but to also ensure that society understands its potential.

The event was also an attempt to establish a council dubbed the “Blockchain for Government”. The need for a council sprung into existence for the main purpose of digging deeper into DLT to see in what ways it can be used to better and make industry and societal activities more effective.

Among those who participated in the event, it was Humaniq that caught the Blockchain Experts & Advisory board’s attention. The board believed that Humaniq’s values were in align with their emphasis on use cases.

Most importantly, the board honored Humaniq’s team as being the most transforming use case of Blockchain for social good. As for the social good that was applauded for, it is believed that Humaniq successfully conveyed financial services to 16 countries in Africa.

VP Technology, Anton Mozgovy expressed excitement for being recognized for a good cause at the Event saying that,

“We feel honored to be recognized as a leading use case for delivering social good using innovative technologies. We won’t stop here, as we will soon expand to provide our services in even more countries.”

This is definitely a big leap for the London-based Fintech firm, as their inclusive financial services based on the Hybrid Blockchain-based app can help those in need. Over the long-run, Humaniq plans to extend its services on a global scale, while creating more opportunities through the blockchain technology.

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