In late October of 2017, the Winners of the 2017 HumanIQ Global Challenge were announced. The Top-3 blockchain-based projects whose mission was specifically to “bank the unbanked” were to be awarded with a trip to Kenya to “meet with local unbanked populations to learn about their lives and financial habits”. Starting with over 450 validated submissions, the Humaniq jury board was tasked with selecting the 3 best-performing projects.
And the winners are...
UnbankedX, who’s mission is to be the “World’s First fully-automated financing platform integrating web and mobile apps with chat bots, voice bots, and text bots” clinched one of the Top-3 positions and was to travel to Kenya later that year along with the other 2 winners: Signstampo & Microaid. UnbankedX’s Founder, Grace Wong, was off to “meet with representatives from various different communities, conduct interviews…and develop an understanding of local culture and customs.”
UnbankedX Founder, Grace Wong, meeting the local people of Nakuru — a village 3 hours outside of Nairobi
World’s First Fully Robo Cryptobank
After meeting face-to-face with hundreds of the “unbanked” populations of urban and rural Kenya, the UnbankedX team has since been hard at work developing their platform. Their model is a unique concept that is far more than just a cryptocurrency wallet and tradable token. The platform has a multi-tiered approach that integrates a Multi-Blockchain for volatility-resistance and price stability, an Artificial Intelligence (AI) micro-financing process, and a Bot-Based Fully-Automated web application for easy-to-use interaction on any smart phone, legacy phone, or web browser. All of these features are to be included in one easy-to-use and potentially life-changing platform for billions of people who still don’t have access to standard financial services.
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For more information on UnbankedX, their ongoing ICO, and other details, please visit their website: www.unbankedx.com or Read their Whitepaper