<ul><li>Ripple has launched a new blockchain pilot in Colombia for smallholder farmers, utilizing XRP Ledger for traceability and microfinance.</li><li>The pilot introduces a 'Farm Now, Pay Later' model providing upfront resources with post-harvest repayment.</li><li>About 300 farmers are part of the program producing 240 tonnes of panela monthly, with a focus on financial inclusion and sustainable development.</li><li>The blockchain-based system allows tracking via QR codes to enhance transparency in the supply chain and aims to establish a global model for financial inclusion in rural agriculture.</li></ul>

Ripple Launches Second Blockchain Pilot in Colombia to Empower Smallholder Farmers

Discover more