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- Bolivian entrepreneurs are proposing a public blockchain system to handle the allocation of the nation’s gasoline subsidies with full transparency.
- This blockchain-based system goals to fully get rid of years of corruption and smuggling inside the present subsidy framework.
Bolivian entrepreneurs have launched technological options to modernize state subsidies for gasoline. Finka Token founder Carlos H. Fernández Mazzi is directing this effort to Bolivia's new authorities.
His proposals goal to get rid of the corruption, favoritism and distortions which have lengthy characterised the distribution of this subsidy. Fernández Mazzi disclosed the complete plan via public paperwork on his X account.
FAIR Gas Subsidy with #BlockchainBolivia
Everybody over the age of 18 receives a good digital liter.
Are you not utilizing it? #BolsínDigital (market value) on the market.
Want extra? Purchase P2P or at a gasoline station.
It’s clear and free from corruption and favoritism. Provide and demand will modify! … pic.twitter.com/IfczNsVpe3— Carlos H. Fernandez Mazzi (@CFernandezMazzi) November 16, 2025
How does the digital marketplace for sponsored liters work?
The core concept includes making a digital marketplace for sponsored liters. The system can be obtainable to all Bolivians over the age of 18. Administration is dealt with via digital wallets and data on public blockchains. This proposal ensures traceability, equity, and citizen management over every transaction.
Every citizen would have the power to determine learn how to use their month-to-month allocation. Choices embody promoting unused liters on an open, everlasting digital market or buying further liters straight from different residents. Transactions might be carried out at supported service stations or between people utilizing a cell utility.
Entrepreneurs name this market a “digital trade.” It operates 24/7, and costs are regulated solely by provide and demand. In accordance with Fernández Mazzi, this mechanism will get rid of fertile floor for corruption and smuggling networks.
Blockchain as a assure of transparency
All operations inside a digital trade are recorded on a public, immutable blockchain. This file eliminates discretion and prevents knowledge manipulation. Moderately than offering bodily gasoline, the state will present digital consumption rights.
The market is chargeable for allocating these rights effectively. The proposal specifies that the federal government solely wants to supply preliminary liquidity funding to stimulate the market and guarantee its continued operation.
Fernández Mazzi insists that his method will not be a futuristic principle. He says that is totally relevant with at the moment obtainable expertise.
“The state doesn’t distribute gasoline, it distributes digital consumption rights and the market does the remaining,” the entrepreneur defined. His earlier expertise with Finka Token confirms the credibility of the challenge.
Worldwide analysis of the proposer's efficiency
Forbes says his analysis demonstrates how expertise can remodel historically illiquid sectors like livestock into liquid, inclusive and clear belongings. The Finka token system makes use of sensible contracts to mechanically distribute livestock earnings to token holders.
Every operation is tracked in actual time. This certification highlights how tokenization is producing tens of millions of euros in funding in numerous fields corresponding to artwork, sports activities footwear, and livestock manufacturing.
