Application of Block chain Technology in Coffee Fair Trade
A technology company is using Stellar's blockchain network to provide a verifiable fair trade in coffee from growers to consumers, according to the hotcoin blockchain research center.
Bext360, a Denver-based startup, has created a robot that automatically evaluates the quality of coffee beans and uses blockchain technology to support cloud software and applications to track the sales process.
Daniel Jones, CEO of Bext360, said when discussing the current Fairtrade market with a technology blog. Generally speaking, groups engaged in fair trade spend a lot of money on tracking materials. They use a rudimentary tracking mechanism, which is very imprecise. "
Bext360's mobile robot is an important evaluation benchmark. It uses optical sorting to distinguish the quality of coffee beans and scores the quality of the same batch of coffee beans. Buyers and sellers can use the appropriate application to negotiate a reasonable price, and then track the goods deeply through the Stellar blockchain network.
"in this way, the benefits of fair trade, which are often talked about, can be realized, and with the blockchain, people can see everything, such as where these coffee beans come from." whether it was traded at a reasonable price, "Jones said.
According to the Fire currency blockchain Research Center, this concept has been widely accepted by investors, and its previous financing has received a total of $1.2 million in investment.
The successful implementation of this project is a great boon for Stellar, which expects more new and international applications to blossom and bear fruit.
Author: William Suberg
Source: https://cointelegraph.com
Important Notice :
前街咖啡 FrontStreet Coffee has moved to new addredd:
FrontStreet Coffee Address: 315,Donghua East Road,GuangZhou
Tel:020 38364473
- Prev
Duan Lijuan went to Pu'er to check the preparation work of the Yunnan meeting.
From 29 to 30 March, Duan Lijuan, deputy director of the Provincial Taiwan Affairs Office, Cheng Zunwu, secretary of the party committee of the provincial Taiwan Affairs Office, and his entourage went to Pu'er to give special guidance and inspection to the coffee industry culture docking meeting of the sixth Yuntai Conference to be held in Pu'er. Duan Lijuan and her entourage successively went to Pu'er International Coffee Exchange Center, Manya Coffee Manor in Ning'er Hani and Yi Autonomous County, and Ning'er Tongxin Nakori characteristic tourist town.
- Next
1000 cups! French Paris coffee, unexpectedly parachuted into Garden City?!
What would you do if you stole half a day of floating life? Watch a movie full of stars but full of urine? Or go home and lie down and fall asleep? Think about it carefully, it feels like a waste of life! If they are French, they will probably walk to a nearby cafe, a cup of coffee with an afternoon of sunshine and time, this is a typical French coffee life. Someone put the cafe
Related
- The ceremony is full! Starbucks starts to cut the ribbon at a complimentary coffee station?!
- A whole Michelin meal?! Lucky launches the new "Small Butter Apple Crispy Latte"
- Three tips for adjusting espresso on rainy days! Quickly find the right water temperature, powder, and grinding ratio for espresso!
- How much hot water does it take to brew hanging ear coffee? How does it taste best? Can hot water from the water dispenser be used to make ear drip coffee?
- What grade does Jamaica Blue Mountain No. 1 coffee belong to and how to drink it better? What is the highest grade of Blue Mountain coffee for coffee aristocrats?
- What are the flavor characteristics of the world-famous coffee Blue Mountain No. 1 Golden Mantelin? What are the characteristics of deep-roasted bitter coffee?
- Can I make coffee a second time in an Italian hand-brewed mocha pot? Why can't coffee be brewed several times like tea leaves?
- Hand-brewed coffee flows with a knife and a tornado. How to brew it? What is the proportion of grinding water and water temperature divided into?
- What is the difference between Indonesian Sumatra Mantinin coffee and gold Mantinin? How to distinguish between real and fake golden Mantelin coffee?
- What does bypass mean in coffee? Why can hand-brewed coffee and water make it better?