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Credem Deploys Blockchain, Doubles Loans Using Parmigiano Wheels

8/11/2026

24 3 Full Breakdown

Summary

Story summary

Credito Emiliano (Credem) uses blockchain to let farmers pledge stored Parmigiano wheels as collateral, doubling its lending capacity.
Since 1953 Credem has loaned farmers 60-80% of a Parmigiano wheel’s value as collateral.
Credem’s vault holds over 500,000 wheels worth more than €300 million.
Heat waves raised energy use by 30% and cut milk output up to 10% in Italy.
The 2026 Franciacorta harvest began on July 30, the earliest start on record.

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Story summary

Credito Emiliano (Credem) uses blockchain to let farmers pledge stored Parmigiano wheels as collateral, doubling its lending capacity.
Since 1953 Credem has loaned farmers 60-80% of a Parmigiano wheel’s value as collateral.
Credem’s vault holds over 500,000 wheels worth more than €300 million.
Heat waves raised energy use by 30% and cut milk output up to 10% in Italy.
The 2026 Franciacorta harvest began on July 30, the earliest start on record.