A blockchain-based system to make communication between coffee growers and buyers easier, improve supply transparency, and reduce the number of intermediaries is being piloted by the Coffee Board of India. The project aims at making it easier for farmers in India to sell their produce directly through a decentralized marketplace. If successful, it will be launched across the country, which has around 350,000 coffee growers. The initiative is one of the latest to use blockchain to make food production around the world more efficient.
A blockchain-based system to make communication between coffee growers and buyers easier, improve supply transparency, and reduce the number of intermediaries is being piloted by the Coffee Board of India. The board has joined forces with agricultural digital commodity management platform Eka Plus to launch an e-marketplace, which will involve a small group of growers and run for up to five months. If successful, it will be launched across the country, which has around 350,000 coffee growers. The initiative is one of the latest to use blockchain to make food production around the world more efficient.