As per PANews, Brazilian fintech company Tanssi is launching a government-backed blockchain project in São Paulo to provide small farmers with microloans via mobile apps and physical payment terminals. The project uses Tanssi's blockchain infrastructure, offering predictable transaction fees and reliability without relying on public blockchains like Ethereum or Solana. Supported by the São Paulo municipal government, the microloan program offers quick loans of up to $2,800 and is expected to launch next month after a successful pilot in Antônio da Alegria.
Brazil's São Paulo to Pilot Blockchain-Based Microloans for Small Farmers
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