São Paulo, Brazil will trial blockchain-based microloans for small rural producers.

Golden Finance reports that Brazilian fintech company Tanssi is launching a government-supported Blockchain project to provide microloans to small rural producers in São Paulo through a mobile application and physical payment machines. The project uses the Blockchain infrastructure built by Tanssi, which can achieve predictable Money Laundering and reliability, instead of relying on public Blockchains like Ethereum or Solana, and is expected to launch next month.

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