[São Paulo, Brazil to Launch Blockchain-Based Microloan Pilot Project for Farmers] Odaily Planet Daily News: According to reports, São Paulo, the economic hub of Brazil, has announced the launch of a pilot project utilizing blockchain technology to provide microloans to farmers. The program aims to enhance the efficiency and transparency of credit distribution through blockchain technology while reducing administrative costs, thereby helping agricultural producers (especially small and medium-sized farmers) access funding more conveniently. This move marks a further exploration by local governments in Brazil to apply Web3 technology to the real economy and improve the agricultural financing environment. (CoinDesk)