Use Cases

Halo Protocol is built for the billions who need credit access most. Here is who we serve and how.

Unbanked Individuals

Over 1.4 billion people worldwide have no access to formal banking or credit. Traditional systems require government-issued ID, proof of address, and existing credit history — barriers that exclude billions from financial participation.

Example Scenario

Maria lives in a rural area with no bank branch within 50 miles. She has a smartphone and a small income from selling produce at a local market. With Halo Protocol, she connects a Solana wallet, joins a lending circle with five neighbors, and begins building an on-chain credit score by making regular contributions in USDC. After completing her first circle, her trust score rises to Silver tier, giving her access to larger circles and lower collateral requirements.

  • No KYC or bank account required
  • Accessible with only a smartphone and internet connection
  • Build credit from zero with real savings behavior
  • SOL and USDC support for flexible participation

Small Business Owners

Small business owners in emerging markets often cannot access affordable credit. Banks require collateral, lengthy applications, and credit histories that do not exist. Informal lending comes with predatory interest rates.

Example Scenario

Kofi runs a small electronics repair shop in Accra. He needs 500 USDC to buy inventory for the holiday season but has no bank credit. He creates a lending circle on Halo Protocol with nine other small business owners in his trade association. Each member contributes 50 USDC per month. Kofi receives the first payout of 500 USDC, buys his inventory, and continues contributing monthly. His trust score climbs to Gold tier.

  • Access working capital without traditional loans
  • Build a verifiable credit history for future borrowing
  • Circle governance allows business community coordination
  • Yield on idle funds provides additional returns

Community Savings Groups

Savings groups — known as chamas, tandas, susus, or cundinas — have existed for centuries. These informal groups rely on trust and social pressure, but they are vulnerable to fraud, mismanagement, and lack of record-keeping.

Example Scenario

A group of eight women in Nairobi have been running an informal chama for two years using a notebook and mobile money. Twice, their treasurer disappeared with funds. They migrate their chama to Halo Protocol. Now, all contributions go to an on-chain escrow. Payouts are automatic and verifiable. No single member can access funds outside the rules. Their informal trust is now backed by smart contracts.

  • Digitize existing savings groups with trustless infrastructure
  • Eliminate fraud and mismanagement through smart contracts
  • Full transparency with on-chain records for every transaction
  • Insurance pool protects members against defaults

Immigrants & Newcomers

Immigrants arriving in a new country start with zero credit history, regardless of their financial track record in their home country. Building credit from scratch takes years through traditional channels, limiting access to housing, employment, and financial services.

Example Scenario

Ahmed moves from Egypt to Toronto. He has a stable job but no Canadian credit history, making it impossible to rent an apartment or get a credit card. He joins a Halo Protocol lending circle with other newcomers from his mosque community. After six months of on-time contributions, his trust score reaches 600 (Gold tier). His portable, on-chain credit reputation can be shared with landlords and service providers who recognize on-chain credentials.

  • Build credit immediately upon arrival, not after years of waiting
  • Portable reputation that works across borders
  • Connect with community members in similar situations
  • Credit score is transparent and verifiable by anyone

See Yourself Here?

Whether you are an individual, a business owner, or a community organizer, Halo Protocol gives you the tools to save together and build credit on your own terms.

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