#humafinance
Huma Finance is a decentralized protocol designed to bring real-world income and accounts receivable to the blockchain. It allows users to secure credit based on projected income rather than crypto assets, which is particularly beneficial for individuals, small businesses, and users in emerging markets.
The key pillars of Huma's architecture include:
Income-based collateral: borrowers can use future payments, such as payroll, invoices, or remittances, as collateral.
Subscription (risk analysis and assessment) on-chain: the protocol allows issuers to assess credit risk using on-chain and off-chain data, ensuring transparency and automation.