What is Huma Finance?
Huma Finance is a decentralized protocol focused on providing cash flow-backed financing. Unlike traditional DeFi protocols that rely on crypto collateral (such as ETH or BTC), Huma allows users to utilize their expected income or digital credit history to obtain financing.
Project Vision
Huma aims to bridge the gap between traditional and decentralized finance by creating an infrastructure that supports reputation- and income-based loans, especially in emerging markets and areas with limited access to financial services.
Key Features of Huma Finance
1. Income-backed loans:
Users can link their bank accounts or digital business data to assess their repayment ability.
2. Decentralized multi-party financing market:
Huma connects lenders and borrowers through a transparent and secure network.
3. Reliance on artificial intelligence and data analysis:
The protocol uses analytical models to assess risks more accurately than traditional systems.
4. Global expansion:
The project focuses on providing financing solutions for markets lacking access to credit, thereby enhancing financial inclusion.
