Thursday, January 9, 2020

Coffee industry looks to blockchain to brew a better supply chain

IBM is the latest vendor to provide a blockchain platform for coffee bean growers looking to track their product on its journey to market – and let consumers trace their java back to the farm to discover where and how it was grown.

The “Thank My Farmer” app is slated to roll out in March and lets users scan a QR code on packages of coffee to trace its journey and send a contribution to support sustainable farming projects in agricultural communities on five continents.

The app represents only the initial use of IBM’s distributed ledger technology (DLT) for an entire coffee ecosystem that includes farmers, traders, roasters, manufacturers and  distributors who want to revamp a paper-based supply chain system and create digital payment rails for participants.

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from Computerworld https://ift.tt/36DEwQI

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