NEW
YORK, Dec. 24, 2024 /PRNewswire/ -- Apas Port
Co., Ltd., a Tokyo-based Web3
company dedicated to deploying "kando"—a Japanese term for deep
emotional engagement—into the digital realm, has announced the
launch of HARVEST FLOW, a social impact-driven
cryptocurrency lending platform. Committed to "social
action"ーdelivering stable returns alongside meaningful social
impact, HARVEST FLOW's inaugural project is a $20 million initiative offering loans to TukTuk
and four-wheel vehicle drivers in Cambodia who don't have access to the
financial system. This venture is set to operate on Plume
Network, the leading Layer 1 blockchain specialized in Real-World
Asset Finance (RWAfi), offering the necessary infrastructure to
transform HARVEST FLOW's vision of financial inclusion into
scalable action.
Bridging Real-World Challenges Through Blockchain Innovation
HARVEST FLOW's mission is to empower underserved communities and
small businesses by granting access to affordable financing
solutions. By leveraging blockchain technology, the platform
addresses critical societal issues such as poverty alleviation and
economic development, creating pathways for stable financial growth
while delivering measurable social impact.
The initial focus of this initiative is to provide affordable
financing options for TukTuk and four-wheel vehicle drivers in
Cambodia—vital tools for local livelihoods. The project not only
supports job creation but also enhances financial inclusion in
emerging economies.
Why Plume Network?
As the first fully integrated L1 modular blockchain tailored for
RWAfi, Plume Network provides the foundation for scalable, secure,
and transparent financial ecosystems. With over 180 projects
onboarded in its private devnet, Plume enables seamless
tokenization and distribution of RWAs through its composable,
EVM-compatible infrastructure.
How Plume Powers HARVEST FLOW:
- End-to-End Tokenization: Streamlines the conversion of vehicle
loans into blockchain-based assets.
- Investor Transparency: Advanced tools to track and visualize
the social and financial impact of investments.
- Global Scalability: Infrastructure designed to handle the
growing demands of HARVEST FLOW's multi-region projects.
- DeFi Integration: Unlocks liquidity through
decentralized finance primitives within the Plume
ecosystem.
IoT-Backed Innovation for Loan Security
HARVEST FLOW's projects are uniquely supported by embedded IoT
technology within TukTuk engines, ensuring an exceptionally low
loan default rate while building investor confidence.
Justin Chen, Head of Asset
Strategy at Plume Network, noted: "This project highlights the
power of combining blockchain and IoT devices to create innovative
financial products that drive real-world impact. We're excited to
see HARVEST FLOW's success on Plume and the positive change it will
bring to the urban motility market in Southeast Asia."
Looking Ahead
Starting with the vehicle mobility sector through 2025, HARVEST
FLOW plans to expand into other sectors addressing social
challenges and needs beyond 2026. This approach aims to ensure
sustainable growth while delivering meaningful societal benefits,
powered by Plume's blockchain technology.
Masaki Minamide, director of
HARVEST FLOW, stated: "Plume's infrastructure empowers us to
amplify our impact and support communities in need while offering
our investors transparent and reliable returns. With this launch,
we continue our mission to combine blockchain technology with
meaningful social action."
For more information, visit Plume Network or contact
press@plumenetwork.xyz.
About Plume Network
Plume is the first fully integrated L1 modular blockchain focused
on RWAfi, offering a composable, EVM-compatible environment for
onboarding and managing diverse RWAs. With 180+ projects on its
private devnet, Plume provides an end-to-end tokenization engine
and a network of financial infrastructure partners, simplifying
asset onboarding and enabling seamless DeFi
integration for RWAs.
About HARVEST FLOW
Founded in April 2023, Apas Port Co.,
Ltd. is a Web3 production company with a mission to deploy "kando"
(deep emotional impact) globally. The company leverages blockchain
technology to connect carefully curated content with a co-creative
community, acting as a "passport" to a new world of Web3
experiences.
X: https://x.com/HarvestFlow_io
Website: https://www.harvestflow.io/
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SOURCE Plume Network
