How smart contracts and blockchain can revolutionize rural credit.
Agro Summit
Jun 24, 2024
Tiago Piassum provides an analysis on how blockchain-based smart contracts could revolutionize rural credit management.
As the agricultural sector progresses, rural credit management faces increasing challenges that demand innovations to enhance operational efficiency, reduce costs, and increase security. In this context, the emergence of blockchain-based smart contracts promises a profound transformation in credit operations, redefining traditional interactions and introducing greater transparency and security for investors and administrators.
It is predicted that asset tokenization will grow significantly worldwide, reaching a market of up to $10 trillion by 2030, according to analyses by the global consulting firm Roland Berger. This represents a considerable increase from the current value of about $300 billion, marking a significant advancement in the sector of real asset tokenization.