
PANews|Nov 29, 2025 00:38
[São Paulo, Brazil to Pilot Blockchain Microloan Project for Farmers]
According to Coindesk, Brazilian fintech company Tanssi is launching a government-supported blockchain project aimed at providing microloans to small-scale farmers in São Paulo through mobile applications and physical payment terminals.
The project utilizes blockchain infrastructure built on Tanssi's technology, enabling predictable transaction fees and reliability without relying on public blockchains like Ethereum or Solana. Supported by the São Paulo municipal government, the microloan project offers quick loans of up to approximately $2,800 and is expected to officially launch next month. Previously, the project successfully completed a pilot in Antônio da Alegria.
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