India: coffee-the Supply Chain depends on the Blockchain

the The Coffee Board of India has now launched a Pilot E-marketplace on the Blockchain-based. The goal is to connect coffee farmers with markets and to increase transparency.

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In India wins the Blockchain-acceptance slowly to the ground. As it's now known, the government supported the Coffee Board of India, a Blockchain-a pilot project. According to the organization, contributes an Indian coffee is essential to the preservation of the unique biodiversity in India. He was also for socio-economic development in remote areas. Mostly it is grown in ecologically sensitive regions of the Western and Eastern Ghats. Indian coffee is on the world market, great popularity and is regarded as a premium coffee. The participation of farmers in the income from coffee is very low. The on the Blockchain-technology based marketplace, should not increase in future, therefore, only the transparency but also the payment of the farmers will improve.

What is a Blockchain-Supply-Chain?

With the further development of the Blockchain-Supply Chain creates a new transparency level for delivery and supply chains, because all of the transaction fields are on this insight. This Innovation allows a faster response in the case of counterfeit goods, or in the case of excessive dwell times of goods. In the future, can be, for example, product recalls, counterfeiting, or waste reduced.

In India it is pursuing, and the practical implementation of the concept. The Blockchain-based marketplace in the future to enable the traceability of Indian coffee from bean to Cup. Consumers should be able to in this way, the origin of your coffee to be sure. In Zug, the producer fair is able to achieve prices for its coffee. So, in the future, a coffee farmer could register his products on site, and information on the quality and quantity of the harvest. For each registered lot, which the farmer sells on the Blockchain, then create a Block. The data of the created Blocks can be stored during the entire travel of the product in the Blockchain and viewed, are immutable and should ensure a holistic, transparent coffee Supply Chain.

Blockchain-Supply Chain is in Trend

Meanwhile, in India, launched a Pilot-project is the first project in Supply Chain area. Some well-known projects, such as Walmart, Modum or the Blockchain in transportation Alliance in cooperation with UPS is already working for some time on comparable systems. In the future, the Blockchain could not cultivation technology so only in India, for an ecological and fair coffee-and -trade; it could revolutionize all delivery and tracking systems. However, the Use of such Blockchain-Supply Chain systems is also of critical observation. Problems such as control and verification of data, as well as the sense of the Ausrangierens of traditional, some more scalable systems currently employ some critics of the Blockchain-Supply Chain technology. In India, however, for the time being, confident.

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