Blockchain Influences Coffee Supply
Denver-based tech start-up Bext360 has devised a way to improve transparency and quality in the coffee supply chain through a combination of robotics, mobile apps and blockchain technologies.
Its newly developed process uses large, sensor-laden machines to sort, weigh and grade the quality of coffee cherries and feed this information to buyers before they bid on the beans – allowing them to make a more informed choice.
This system is also fairer to farmers, who can earn more for their goods via a framework based on quality rather than quantity.
The data, including provenance, purchasing name and value, is collected and recorded in one place on a blockchain in the Bext360 system, cutting down on paper and making it simple to audit.
The company has developed this system to be used across other commodity supply chains in the future.
We have tracked the increasing importance of complete transparency in the food supply chain in both Culinary Provocateurs and Culinary Consciousness, and continue to watch this space for further developments.