Transferring money abroad is really too troublesome now! The fees are high, the arrival is slow, and sometimes the bank asks all sorts of questions. However, recently there is a project called @Huma Finance 🟣 that uses blockchain technology to make this much simpler.
Huma is like an upgraded version of cross-border Alipay, but much faster than traditional banks. Previously, remittances took several days, but now with Huma, it can be done in seconds, and the fees are particularly cheap. They are currently processing over 50 million dollars in transactions daily, which shows that quite a few people are indeed using it.
The most practical thing is that Huma can help businesses get their overseas payments in advance. For example, if you have an account receivable from a foreign client that hasn't arrived yet, Huma can give you the money first, and settle it when the payment arrives. This feature is especially suitable for small business owners in foreign trade, as it greatly speeds up cash flow.
They also have a token called $HUMA , and holding this token allows you to participate in project decision-making and share in the fees. Although the number of users is not particularly high yet, projects that can solve real problems are likely to become popular in the future. After all, who doesn't like fast and cheap services?
@Huma Finance 🟣 #HumaFinance $HUMA
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