Introduction
Not everyone has crypto or assets to use as collateral—but almost everyone has income. Huma Finance is building a new kind of decentralized finance (DeFi), one where your paycheck, invoices, or future payments can help you access credit.
By turning income into usable collateral, Huma opens financial doors for people and businesses who might otherwise be left out. It's a practical, forward-thinking approach that brings real-world value to the blockchain space.
What Is Huma Finance?
Huma Finance is a decentralized protocol designed to bring real-world income and receivables onto the blockchain. It enables users to secure credit based on projected income rather than crypto assets, which is particularly beneficial for individuals, small businesses, and emerging market users.
Key pillars of Huma's architecture include:
Income-based collateralization: Borrowers can use future payments such as payroll, invoices, or remittances as collateral.
On-chain underwriting: The protocol allows issuers to assess credit risk using on-chain and off-chain data, ensuring transparency and automation.
Programmable payments: Lending agreements and payment flows are encoded into smart contracts, enabling efficient and secure settlement.