Huma Finance - is trust, loans, and growth on the blockchain
Huma Finance is a project that helps people and businesses obtain loans using blockchain technology. Instead of banks checking your documents, Huma looks at your wallet history and activity on the blockchain to determine if you can be trusted. @Huma Finance 🟣
It has its own token $HUMA , which is used to reward users, pay fees, and provide the ability to vote on how the project develops.
How Huma Works
Huma operates in four simple steps
1. Identity and history verification - see how the wallet has behaved in the past.
2. Reading signals - track payments, balances, and actions on the chain.
3. Providing loans - connecting borrowers with people who lend money.
4. Settlement - ensuring that the money is returned on time.
Smart contracts govern the rules, so no one can cheat or change the terms.