Reaching a technological and a community-building milestone gives Humaniq reason to be confident for future expansion, as it finds way to cut transaction costs, and hundred thousandth community member joins.

London, March 20, 2018 – Humaniq has achieved the first working hybrid Blockchain with the 2.0 version of its app, to retain the benefits of the Ethereum main-net while expanding faster.

Humaniq today announces that the recently launched  2.0 version of app is delivered on a unique Hybrid Blockchain. In a technological milestone, it is the first project with a working hybrid Blockchain that is not in prototype or beta-testing stage. Humaniq has successfully solved the problem of scaling ERC20 projects. The new, improved app sits on the Ethereum Blockchain with the unique combination of sidechain solutions in individual African countries, such as Uganda, Senegal, Zimbabwe, Tanzania and Rwanda.

Before, all Humaniq coin transactions were made on the Ethereum main-net. However, the security of a transaction in the main Ethereum network is provided at a cost of about $84.85 at the current rate according to figures that apply until 15th March, 2018. This is a barrier to the App’s expansion and to emerging economies entering the 21st Century economy. This is why the company started work on a new architecture that would both allow for HMQ tokens to remain open and accessible on the Ethereum main-net, and also provide an inexpensive method to secure the network – vital to allow  its users to make small transactions with transaction fees close to zero.