Web3 lending has long been stuck in the phase of 'loans only with collateral assets', while Huma brings a brand new concept of 'off-chain income guarantee'. This approach not only allows more users to access Web3 finance but also brings a wealth of real transaction data to the platform, making financial protocols healthier.

Huma's innovation lies in: integrating off-chain labor data sources (such as ridesharing, food delivery, freelancing, online store sales, etc.), using privacy protection technology to generate 'income proof NFTs' on-chain. This NFT is like your pay stub or tax certificate, and can be used for obtaining loans, credit scoring, platform rewards, and more.

For DAOs or enterprises, Huma also offers 'composable payroll tools'. Employers can automate payroll based on employees' work hour data and KPIs, even implementing batch locking and controlling expenditure frequency for more refined corporate financial operations.

In the overarching trend of AI + Web3, Huma's 'income verification protocol' provides a data foundation for on-chain identity and financial services. The future of Web3 finance will no longer focus solely on on-chain wallet assets, but will also value every labor and contribution you make off-chain. #HumaFinance @Huma Finance 🟣 $HUMA