The cryptocurrency sector HuMa Finance (HUMA) is working on the world's first PayFi network, combining the infrastructure of payment and borrowing.
Unlike the old methods that require collateral in cryptocurrency to borrow money, what makes it special? You don't need to pledge anything; based on the money you can expect to receive in the future—like your salary, unpaid invoices, or funds others are about to transfer to you—you can borrow money.
It will analyze your usual cash flow situation and then, through smart contracts, provide you with money on the spot, approximately 70% to 90% of your future income, quickly and securely. In other words, it allows you to use the money you will receive in the future now, which is quite convenient.