The platform addresses inefficiencies in traditional finance through blockchain technology, such as high-cost cross-border payments and funds being locked.
The Difference of Huma Finance Compared to Traditional Payment Systems
Huma Finance's payment system is based on blockchain technology, achieving efficient and transparent financial settlements by tokenizing real-world assets (RWA).
Transforming accounts receivable, invoices, salaries, and other assets into digital assets (such as stablecoin USDC) on the blockchain for global circulation and settlement. It operates on Soroban, which runs on Solana and Stellar, ensuring efficiency and low costs.
Application scenarios mainly include the following areas: cross-border payments, trade financing, microloans, and salary financing.
The company was launched in May 2023, and to date, the system has become increasingly refined, with expectations for better performance and a larger market share in the future!