The project aims to reshape the way we handle cross-border payments and decentralized finance. It describes itself as a PayFi protocol, a term that refers to an innovative blend of payment solutions and decentralized financial infrastructure.
Specifically, Huma is designed to provide instant access to liquidity through smart systems that allow for credit programming and financial settlements in a transparent and automated manner, reducing reliance on traditional intermediaries and making a qualitative leap in the world of digital payments.