TechFlow news, November 29 — According to Coindesk, Brazilian fintech company Tanssi is launching a government-backed blockchain project. Supported by the São Paulo city government, the project will offer quick loans of up to 15,000 reais (approximately $2,800) to small rural producers. The service will launch next month, and its mobile application is already available.
The project uses blockchain infrastructure built on Tanssi technology, enabling predictable transaction fees and reliability without relying on public blockchains such as Ethereum or Solana.
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