The arrival of Finance on Binance created a buzz, but what does it really do? More than just another token, it is an innovative protocol that seeks to fill an important gap in the world of decentralized finance (DeFi), connecting it directly to the real economy.
The Heart of HUMA Finance: Financing with Real World Assets (RWAs)
Imagine that a company has an invoice to receive in 30 days, but needs the money today. Traditionally, this would be a complex banking process. HUMA Finance comes in here as a facilitator. It allows individuals and companies to use their "future receivables" – like these invoices or payment receipts – as collateral to obtain immediate financing.