HUMBL Inc. (OTC:HMBL) Stock Gains Momentum From Lower Level
Every day, millions of investors flock to the market to discover stocks to track and follow; however, many may not know about the latest happenings in the markets. On Wednesday, there were a number of companies that had come into the news cycle for one reason or another, and this morning it could be a good move to take a look into a few of those. A company that could well be worth looking into at this point in time is HUMBL Inc. (OTC:HMBL), which had been in the news on November 22 owing to a key new announcement.
The company announced yesterday that the Africa-based users of the HUMBL platform would also complete the verification process through Dojah. In this context, it could be a good idea to have a better idea about Dojah, an on-boarding platform offering end-to-end services. It helps businesses verify identities, get users on board, and prevent fraud through the deployment of a number of no-code tools as well as APIs. The company operates a digital wallet as well as a web platform, both of which are built on the basis of verified user profiles.
Verification is an important part of the offering so that users can connect with fellow authenticated users, government accounts, and brands. Due to the latest development, the users of the HUMBL platform in Africa will be able to complete the verification process smoothly thanks to the Dojah tie-in. The onboarding and verification of customers through Dojah can be accomplished through biometric data, telecommunication data, anti-money laundering data, financial data, government data, and others.
In the news release, HUMBL noted that Africa was in the midst of a digital revolution and boasted of a growing technology sector that had been boosted by a young population with digital literacy. Fast-growing digital economies need to tackle user account fraud in order to harness the growth, and the verification program would seek to address that issue. The Chief Executive Officer of the company, Brian Foote, spoke about the situation as well.
He noted that the company’s mission was to provide a growing platform that was known for authenticated online transactions, digital wallets, and verified accounts as part of a global ecosystem. He went on to note that everyone at the company was excited to be working with Dojah and hoped that the HUMBL platform would provide value to consumers in Africa.
On November 16, HUMBL came into focus after it announced the launch of the new Arena Football League (AFL) app on both the Apple and Android stores. It was noted in the news release that the latest AFL League mobile application had been ‘Powered by HUMBL’. More importantly, it would also offer a number of ways in which it would be possible for users to interact with teams, athletes, partners, and international as well as domestic fans through the course of the season.
