Humaniq is a technology providers and that uses only innovative solutions. Modern bio-authentication technologies allow to identify users with 99.9% probability. Having said that, it would be foolish to say that something cannot be hacked. Humaniq is taking very strong precautions, and security is part of the development model, not an afterthought. In the event that some vulnerability is found, Humaniq does what every other fintech company does, which is to patch it and prevent it from happening again. Also, just because something can be hacked does not mean it will. Most of Humaniq users will have the equivalent of $50 or less in their accounts, which does not make them high-value targets for hackers. It’s not worth exposing yourself to investigation and discovery to steal $50, and they’d need to hack each user individually, because the actual database of user verification info is stored in the Ethereum blockchain, which is considerably more difficult to hack than spoofing facial recognition software for one person.
RE: Humaniq Review- Brilliant idea, poor execution