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UCC Coffee, a UK coffee manufacturer has partnered with fintech company Farmer Connect, to integrate the latter’s IBM blockchain-powered coffee tracking solution to trace one of its coffee brands. Tracking Coffee Supply Chain with Blockchain Technology According to a report…
Starbucks customers can now track the origins of their coffee via blockchain technology. Checking the Provenance of Coffee via Blockchain In an attempt to bring a greater degree of transparency for their sustainability-centric young customers, Starbucks stores across the U.S.…
According to a January 8, 2020, report by Which-50, IBM in partnership with fintech startup Farmer Connect has launched a blockchain-based consumer app called “Thank My Farmer” that allows coffee drinkers to track the supply chain journey of their cup…
Brazilian coffee farmers will soon have access to a cryptocurrency called “coffeecoin”, according to a report on Bloomberg on July 10, 2019. This new cryptocurrency is to be launched by one of the country’s largest arabica-coffee cooperatives, and it reflects the growing interest…
Colorado-based technology company Bext360 announced the creation of its first supply chain solution. The platform is called bextmachine and has been developed specifically for the global coffee supply chain. The announcement was made at the Massachusetts Institute of Technology (MIT)…
When people think of commodities, usually Coffee is not one of the first to come to mind. However, being the second most traded commodity following petroleum, over 125 million people rely on coffee beans as their primary source of income.…