In accordance with HashNews, Brazilian fintech company Tanssi is launching a government-backed blockchain project in São Paulo to provide small farmers with microloans via a mobile app and physical payment terminals. Built on Tanssi's blockchain infrastructure, the project offers predictable transaction fees and reliability without relying on public blockchains like Ethereum or Solana. The microloan initiative, supported by the São Paulo municipal government, provides quick loans of up to $2,800 and is set to officially launch next month, following a successful pilot in Antônio da Alegria.
Brazil's São Paulo Pilots Blockchain-Based Microloan Project for Small Farmers
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