Huma Finance: "Spend Tomorrow's Money" Is Not Afraid of Fraud? Three Layers of Risk Control Build a Solid Safety Line
When mentioning Huma Finance's slogan "Spend Tomorrow's Money Today", many people may worry about "fraudulent borrowing". In fact, it has long relied on a set of robust risk control measures to tightly block such risks. The core lies in the "Cash Flow CT Scanner" and a three-layer deep defense system.
This "Cash Flow CT Scanner" not only looks at surface invoices but also uses machine learning to analyze massive amounts of data: stable government employee salaries can achieve a discount rate of 90%; income from project parties fluctuates greatly, so the discount rate is adjusted to 70-80% based on project conditions, accurately distinguishing risks.
Thinking of committing fraud? You must first pass through three layers: beforehand, third-party checks on cash flow are conducted through platforms like Upwork and Fiverr, and the creditworthiness of the payer is assessed, such as whether it's a large company like Apple or a small workshop; during the transaction, credit is recorded on the blockchain, and once there is a default or fraud, the wallet address will be permanently marked as a "stain", visible across the entire network; afterwards, there's no need to panic, as collateral is automatically liquidated after a default, and if KYC has been completed, legal recovery is still possible.
For those who want to commit fraud, it's practically a "thankless task"—high costs, significant risks, and no benefits.
It is precisely this system that allows Huma Finance and similar RWA protocols to turn "Spend Tomorrow's Money" into a reliable and trustworthy matter, rather than a loophole for fraudsters.