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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 app and physical payment machines. The project utilizes the blockchain infrastructure built by Tanssi, which allows for predictable transaction fees and reliability, rather than relying on public blockchains such as Ethereum or Solana, and is expected to launch next month.

