Roam and Huma are enabling global decentralized Wi-Fi with the first-ever DePIN hardware financing solution.
Roam, a leading project of decentralized global Wi-Fi roaming network, and Huma, a payment financing network specializing in the tokenization of real-world assets (RWA), today announced a partnership to launch the world's first DePIN hardware financing program. This collaboration aims to help Roam rapidly deploy its physical infrastructure while providing Huma’s platform users with opportunities to engage in the DePIN sector using on-chain PayFi tools.
Through this collaboration, users can leverage the cash flow generated by Roam Growth products in the Solana ecosystem and use Roam tokens or NFTs as collateral to obtain loans from the Huma platform. These loans are used to purchase Roam’s Wi-Fi hardware equipment, allowing participation in the global decentralized Wi-Fi network and earning RoamPoints rewards. The project makes full use of the on chain Payment-ID and custody infrastructure developed by Polyflow, enabling distribution to single or multiple mining rings.
This collaboration marks the first implementation of Huma's DePIN Finance product, realizing the “just-in-time financing” model through PayFi technology. Roam was selected because OpenRoaming™ Wi-Fi network generates predictable demand and cash flows as well as transaction data on chain which will be leveraged to access PayFi liquidity. The second generation of Roam Rainier MAX 60 routers not only provide secure, roaming networks but also generate revenue in the CDN and edge computing fields, providing stronger repayment capabilities for the loan product.
Huma recently announced the completion of a $38 million financing round and plans to expand to multiple blockchains, including Solana. Roam has previously secured two rounds of multi-million dollar financing and now covers nearly 200 countries with over 700,000 registered app users, 600,000 self-built nodes, and 3.5 million OpenRoaming™ nodes. Roam is also the only Web3 identity provider (IDP) within the Wireless Broadband Alliance (WBA).
This partnership sets a new precedent for the integration of DePIN and PayFi, highlighting the vast future potential of the RWA sector.
About Roam:
Roam, a leading Physical L1 project, leveraging OpenRoaming technology to create a decentralized network for all. For more information of Roam and Physical L1, visit https://weroam.xyz/
About Huma
Huma Finance is the first PayFi network. Huma powers financing of global payments, with instant access to liquidity anywhere, anytime. For more information about Huma and the PayFi network, visit https://huma.finance/
For press inquiries, please contact ejiro@huma.finance