Huma Finance (HUMA) is now working on something very new called the PayFi network, which combines payment and financing, allowing real-life income to become on-chain loan assets.
Unlike the old method of borrowing money against cryptocurrencies, Huma directly uses future income as collateral, such as salaries, customer invoices, or even international remittances. This way, even if you temporarily have no cash, you can access 70%-90% of your future income in advance.
The entire process runs on smart contracts and a Time Value of Money (TVM) model, where the system analyzes your cash flow patterns, confirms your stable income, and can immediately disburse loans without collateral.
In simple terms, Huma is helping you cash in your future money early, which is both safe and fast, making it quite friendly for individuals, companies, and even those doing cross-border business. #humafinace
