Ripple’s Blockchain Initiative Aims to Empower Colombian Farmers with Increased Income

Ripple has launched a pioneering initiative in collaboration with Mercy Corps Ventures and WËIA, aiming to revolutionize Colombia’s farming sector through blockchain technology. The project leverages the XRPL to enhance traceability, facilitating sustainability premiums and broadening microfinance access for smallholder farmers. This latest pilot program marks Ripple’s continued engagement under their “Unlocking Opportunity” initiative. 300 smallholder farmers will participate in this effort, impacting approximately 240 tonnes of panela production monthly. This program focuses on increasing farmer incomes through blockchain-driven traceability and a