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- Bolivian entrepreneurs are proposing a public blockchain system to manage the allocation of the country’s fuel subsidies with full transparency.
- This blockchain-based system aims to completely eliminate years of corruption and smuggling within the current subsidy framework.
Bolivian entrepreneurs have introduced technological alternatives to modernize state subsidies for fuel. Finka Token founder Carlos H. Fernández Mazzi is directing this effort to Bolivia’s new government.
His proposals aim to eliminate the corruption, favoritism and distortions that have long characterized the distribution of this subsidy. Fernández Mazzi disclosed the full plan through public documents on his X account.
FAIR Fuel Subsidy with #BlockchainBolivia
Everyone over the age of 18 receives a fair digital liter.
Are you not using it? #BolsínDigital (market price) for sale.
Need more? Buy P2P or at a gas station.
It is transparent and free from corruption and favoritism. Supply and demand will adjust! … pic.twitter.com/IfczNsVpe3— Carlos H. Fernandez Mazzi (@CFernandezMazzi) November 16, 2025
How does the digital market for subsidized liters work?
The core idea involves creating a digital market for subsidized liters. The system will be available to all Bolivians over the age of 18. Management is handled through electronic wallets and records on public blockchains. This proposal ensures traceability, fairness, and citizen control over each transaction.
Each citizen would have the ability to decide how to use their monthly allocation. Options include selling unused liters on an open, permanent digital market or purchasing additional liters directly from other citizens. Transactions can be performed at supported service stations or between individuals using a mobile application.
Entrepreneurs call this market a “digital exchange.” It operates 24/7, and prices are regulated only by supply and demand. According to Fernández Mazzi, this mechanism will eliminate fertile ground for corruption and smuggling networks.
Blockchain as a guarantee of transparency
All operations within a digital exchange are recorded on a public, immutable blockchain. This record eliminates discretion and prevents data manipulation. Rather than providing physical fuel, the state will provide digital consumption rights.
The market is responsible for allocating these rights efficiently. The proposal specifies that the government only needs to provide initial liquidity funding to stimulate the market and ensure its continued operation.
Fernández Mazzi insists that his approach is not a futuristic theory. He says this is fully applicable with currently available technology.
“The state does not distribute fuel, it distributes digital consumption rights and the market does the rest,” the entrepreneur explained. His previous experience with Finka Token confirms the credibility of the project.
International evaluation of the proposer’s performance
Forbes says his research demonstrates how technology can transform traditionally illiquid sectors like livestock into liquid, inclusive and transparent assets. The Finka token system uses smart contracts to automatically distribute livestock income to token holders.
Each operation is tracked in real time. This certification highlights how tokenization is generating millions of euros in funding in various fields such as art, sports footwear, and livestock production.
