In traditional finance, credit is often based on collateral. It is difficult for individuals without property or significant assets to obtain loans from banks. However, in today's rapidly developing digital economy, many freelancers, creators, and small to medium-sized enterprises, while lacking fixed collateral, have stable future income. HumaFinance is an innovative solution targeted at this group.
Its core mechanism is credit based on future income. Users can obtain financing support by demonstrating records of future cash flows. This approach not only allows more people to enter the financial system but also makes credit products more aligned with real-world needs. For those lacking collateral but possessing long-term income potential, this provides a completely new pathway for financing.
The PayFi network built by HumaFinance combines payments and lending into a complete closed loop. Payment behavior directly reflects cash flow, while cash flow serves as the basis for credit assessment. This makes risk control more transparent and facilitates trust between lenders and borrowers.
More importantly, HumaFinance brings real-world assets on-chain, integrating receivables and other RWAs with credit. This means that the boundaries of DeFi are no longer limited to crypto assets but are gradually aligning with the real economy. In the long run, this not only expands the application scenarios of DeFi but may also promote a deep integration between traditional finance and blockchain.