Huma is pioneering a brand new credit model in the Web3 space, which is far from comparable to traditional stablecoin lending projects. It aims to unlock the credit potential of income streams, rather than merely relying on asset collateral.

The concept of income streams has long been adeptly utilized in traditional finance, such as salary loans, business cash flow loans, and medical advance payments. However, these models are still a blank slate in the Web3 world. Huma's innovation lies in tokenizing these income streams, making them verifiable and traceable on the blockchain.

This innovation is of great significance to the Web3 ecosystem. It introduces credit fundamentals to the Web3 world, similar to "payroll," "transaction flows," and "medical reimbursements" in traditional finance. Unlike traditional DeFi projects that rely on asset collateralization, Huma looks at future income, truly realizing a credit revolution.

Huma's philosophy has been put into practice. They have collaborated with the US healthcare payment platform Rightfoot, allowing patients to access future healthcare reimbursement amounts in advance, which not only safeguards patients' medical needs but also enhances the liquidity of hospitals. In addition, Huma has also partnered with Web3 payroll platforms such as Toknow and Request to further expand its applications in the income stream credit sector.

Huma's innovative model not only fills the gap in Web3 financial services but also brings new possibilities to the entire industry. It demonstrates how to combine mature concepts of traditional finance with blockchain technology to create more flexible and efficient financial services. As the project continues to develop, we may see more innovative applications based on revenue streams, which will inject new vitality into the Web3 ecosystem.