<ul><li>Ripple launched a blockchain pilot in Colombia to support small-scale panela farmers financially using the XRP Ledger for traceability.</li><li>The project aims to improve income, access, and buyer connections for around 300 farmers involved in processing 240 tonnes of panela each month, with a focus on empowering women farmers.</li><li>The initiative, called 'Farm Now, Pay Later,' integrates blockchain technology to provide farmers with inputs like seeds and fertilizers without upfront payment, facilitating a successful yield and building direct relationships with buyers and suppliers.</li><li>XRP, which powers the ledger, has surged by over 50% since April lows to $2.39. Technical signals suggest a bullish trend continuation, with resistance near $2.80 and potential further upside towards $3.00.</li></ul>

Ripple Launches Blockchain Pilot to Boost Colombian Farmers’ Incomes

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