- HumaTek launched HumaCoin in October with a total supply of 2 billion tokens.
- The platform combines cryptocurrency, SaaS tracking tools, and direct donor engagement.
- Built-in compliance includes SEC Reg D, AML/KYC, and SOC 2 standards.
HumaTek, a Florida-based technology firm, said it will launch a blockchain-powered humanitarian aid platform in October designed to improve transparency, accountability, and efficiency in global relief programs.
The system integrates three components: HumaCoin, a digital token for payments and transfers; HumaDash, a SaaS service for tracking and compliance; and HumaClub, a unit designed to connect aid recipients with donors.
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According to the announcement, the launch comes at a time when charities and aid organizations face increased scrutiny over how funds are managed and delivered.
HumaCoin Powers Transparent Cross-Border Humanitarian Payments
Central to the initiative is HumaCoin, a utility-driven cryptocurrency with a supply of 2 billion tokens. According to the company, the token will be used for cross-border transactions, mobile payments, and direct humanitarian aid.
HumaCoin’s design allows for milestone-based funding releases and permanent blockchain records that can be verified by donors and recipients.
HumaTek said a portion of the token supply will be dedicated to humanitarian causes. By keeping transfers low cost and transparent, the firm aims to reduce inefficiencies often associated with aid distribution.
HumaDash and HumaClub Aim to Track Donations and Connect Donors Directly
The second component, HumaDash, is a cloud-based platform that enables nongovernmental organizations and aid groups to monitor donations, automate compliance reporting, and flag irregularities using artificial intelligence. It is designed to handle multiple currencies, including HumaCoin, stablecoins, and fiat.
The third element, HumaClub, operates as a Public Benefit Corporation. It is tasked with distributing aid to communities and providing updates to donors, including proof of delivery, project milestones, and impact reports. This feature is meant to close the gap between those providing funds and those receiving assistance.
HumaTek Embeds SEC, AML, and KYC Standards to Restore Donor Confidence
HumaTek emphasized that its system was developed with compliance measures in place. These include registration under U.S. Securities and Exchange Commission Regulation D, anti-money laundering checks, know-your-customer procedures, and SOC 2 infrastructure standards.
“Our goal is to restore trust in the humanitarian system by making every contribution traceable from start to finish,” said Thomas LaRocca, HumaTek’s chief executive and founder of LaRocca Financial Group.
“By combining blockchain-backed transparency with AI-powered safeguards, we can ensure that resources reach the people they are intended to help.” Meanwhile, the company is finalizing its operational units before the October rollout and is pursuing partnerships with NGOs, corporate responsibility programs, and institutional donors.
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Notably, this is not the first humanitarian aid through blockchain and cryptocurrency. In June, Bitget partnered with UNICEF Luxembourg to train 300,000 youth in digital and blockchain skills by 2025. The program spans eight countries and will use Bitget Academy to create UNICEF’s first interactive blockchain curriculum, integrated into existing digital literacy programs.
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