BLOCKCHAIN AND WORLD COFFEE
A STEP TO OPEN A SOLID ERA
As coffee users, how can we take responsibility for our choices? Developments in technology can bring answers to the concept of Blockchain and the world coffee industry. A means of providing transparency and security for chain trading from farm to a cup of quality coffee.
BLOCKCHAIN IN DEFINITION AND HOW ITS WORDS
Blockchain is some recording technique of transactions. It was developed as a tool to record bitcoins or digital transactions.
Blockchain allows to store data in a distributed manner among the participants. System information is implemented in a way that makes it difficult to change data or to make the input unknown. Each block in the chain contains a book of transactions.
Every time a new transaction appears on the blockchain, a record of this transaction is entered into the ledger of each participant. At any given point, everyone involved in the chain knows about every transaction made.
BENEFITS OF USING BLOCKCHAIN IN COFFEE AND SPECIALTY
It is not difficult to shape the beneficial functions of the work of introducing blockchain technology into the food and beverage industry. Where the origin and the whole are essential. Given the history of Specialty coffee, the range is even more prominent.
Computational transparency and traceability from blockchain technology offer two key benefits that can improve the coffee buying experience and help work towards fair compensation for producers.
First, when applied to the coffee supply chain, blockchain allows people to know where their coffee comes from and the shipping and production conditions of the coffee. End-to-end traceability will enable users to see where and when their coffee has been shipped after rang. It helps to ensure that our specialty coffees are absolute quality. It also allows roasters and distributors to provide more detailed information to users about the coffee they are purchasing.
BLOCKCHAIN’S EFFECT ON THE COMPANY’S PLATFORM
Coffee openly and transparently creates more trust in the coffee supply chain between users, roasters, and distributors. For 43 Factory Coffee Roaster, blockchain makes it possible for customers to become loyal advocates of a brand they can trust. Coffee drinkers may be willing to pay more per cup, once they have a solid understanding of solid coffee. High-quality specialty coffee products can be traced back and are procured reasonably. Thereby creating more incentives for businesses to compensate producers.
Next, if other members of the coffee supply chain understand the extent to which every organization benefits from coffee, they can work or operate to eliminate the difference. This profit transparency is also a step towards more rewarding jobs for farmers, improving the economic situation.
Not only that, publicly traceable throughout the supply chain the origin, quality and freshness of coffee can all be verified. This thing for the people is an early coffee producer recognized for their efforts and rewarded.
In recent years, the coffee company has faced many difficulties, significantly affecting producers and growers. Blockchain and world coffee, a step-out phrase. Currently imbalanced adjustments in the coffee supply chain through transparent information and full traceability. Help brings more equality and fairness to producers in particular. Create a more balanced and solid coffee for the community at large.