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Moreover, fishers and farmers can redeem these tokens for practical necessities such as groceries, utility bills, or mobile plans, thereby supporting their livelihoods and reducing economic hardship.
The Big Impact of Blockchain Transparency
"Blockchain is a game-changer," says Vignesh Iyer, a key designer of Fishcoin. By automating trust, the technology minimizes reliance on manual records and reduces fraud. Since data entered at the point of transaction is tracked and verifiable, false information becomes much harder to sustain.