In the TradFi system, many people face a frustrating dilemma: despite having a stable income, they cannot obtain loans; their credit scores are inexplicably low; and hard work is viewed as lacking stability. In this situation, the issue is not that you have no money, but rather that your income is not being recognized as it should be.

However, the emergence of Web3 technology is changing this situation. Recently, a project named Huma Finance has attracted widespread attention. It proposes an innovative concept: transforming every on-chain transaction into a verifiable "credit asset". This means that users no longer need to rely on the endorsement of traditional banks or the rating systems of institutions, but can fully control their own "on-chain income proof".

The core concept of Huma Finance is to closely integrate on-chain cash flow, identity, and income. In this system, your crypto wallet serves as your resume, interaction records become your credit history, and the flow of funds on-chain represents the financial rights you are entitled to. This approach not only revolutionizes the traditional credit assessment model but also provides new opportunities for groups that have been overlooked in the traditional financial system.

The uniqueness of this protocol lies in:
1. Income streams can be certified
2. Wallet interactions will be recorded.
3. Income history can be packaged into NFTs.
4. These combinations can be used for staking, lending, or even salary advances.

Compared to traditional credit bureaus, Huma Finance's advantage lies in its focus on real wallet interactions and cash flow, rather than on academic qualifications or employment status. This approach is fairer, as it directly reflects an individual's actual financial situation and behavior.

In the Web3 era, those groups that were overlooked in Web2 are gaining new definitions and opportunities. Whether you are a freelancer, creator, small business owner, or other non-traditional workers, your financial value can be fairly assessed and recognized.

This innovation is not just a technological advancement, but an important step towards financial democratization. It provides more people with access to financial services, breaking the limitations of the TradFi system, and paving the way for the establishment of a more inclusive and equitable financial ecosystem.