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- A Bolivia entrepreneur proposes a public blockchain system to handle the nation’s gas subsidy distribution with full transparency.
- This blockchain-based system goals to eradicate longstanding corruption and smuggling inside the present subsidy framework totally.
A Bolivian entrepreneur has launched a technological different to modernize the state subsidy for fuels. Carlos H. Fernández Mazzi, founding father of Finka Token, is directing this initiative to the brand new authorities of Bolivia.
His proposal goals to eradicate the corruption, favoritism, and distortions which have characterised the distribution of this subsidy for years. Fernández Mazzi revealed the entire plan via a public doc on his X account.
Subsidio carburantes JUSTO con #BlockchainBolivia
Todos >18 años reciben litros digitales equitativos.
No los usas? Véndelos al #BolsínDigital (precio mercado).
Necesitas más? Cómpralos P2P o en gasolinera.
Transparente, sin corrupción ni favoritismos. ¡Oferta/demanda regula!… pic.twitter.com/IfczNsVpe3— Carlos H Fernandez Mazzi (@CFernandezMazzi) November 16, 2025
How the Digital Marketplace for Sponsored Liters Would Work
The core thought entails making a digital marketplace for backed liters. This method can be accessible to all Bolivians over 18 years of age. Administration can be dealt with via digital wallets and data on a public blockchain. The proposal ensures traceability, fairness, and citizen management over every transaction.
Every citizen would have the capability to resolve the right way to use their month-to-month allocation. The choices embrace promoting unused liters on an open, everlasting digital market or shopping for extra liters immediately from different residents. Transactions might be carried out at enabled service stations or between people utilizing cell functions.
The entrepreneur calls this market a «digital trade». It will function 24 hours a day, 7 days every week, with costs regulated solely by provide and demand. In keeping with Fernández Mazzi, this mechanism would take away fertile floor for corruption and smuggling networks.
Blockchain as a Assure of Transparency
All operations inside the digital trade can be recorded on a public and immutable blockchain. This report would eradicate discretion and stop knowledge manipulation. The state wouldn’t ship bodily gas however moderately digital consumption rights.
The market can be accountable for allocating these rights effectively. The proposal specifies that the federal government would solely want to offer an preliminary liquidity fund to activate the market and guarantee its steady operation.
Fernández Mazzi maintains that his method is just not a futuristic principle. He states it’s absolutely relevant with know-how obtainable at present.
“The state doesn’t distribute gas… it distributes digital consumption rights, and the market does the remaining,” defined the entrepreneur. His prior expertise with Finka Token helps the challenge’s credibility.
Worldwide Recognition for the Proposer’s Monitor File
Forbes states that his work demonstrates how know-how 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 real-time. The popularity highlights how tokenization is unlocking hundreds of thousands of euros in numerous sectors resembling artwork, sports activities footwear, and livestock manufacturing.
