HealthCoinDeskabout 3 hours ago
Brazilian Farmers Tokenize Dairy Cows for Loans
1 min read
Farmers in Paraná, Brazil, tokenized 10 dairy cows on the B3 stock exchange, raising nearly $20,000 in credit. Agtech firm Cowmed uses AI-powered Smarty Collars to create encrypted digital identities for each cow, preventing double-pledging. Cowmed monitors about 100,000 cows worth over $395 million and expects up to 20% of its network to adopt this model, potentially unlocking $77.6 million in agricultural credit.
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