Jonny Fry Posted
Coffee, ‘grinding’ out how to use Blockchain technology
The market for coffee is huge and is set to grow over the next few years. According to the International Coffee Organisation, Honduras is the world’s sixth largest producer of coffee.
GrainChain, which is based in Texas in the USA, uses Blockchain technology and describes its platform as being able to “facilitate prompt payment to suppliers and farmers, and the immediate availability of tradeable commodities to buyers. It attacks fraud and corruption through certification and accountability...” GrainChain has signed up 12,000 Honduran coffee farmers onto its platform, enabling the farmers to get access to capital from banks,...
The market for coffee is huge and is set to grow over the next few years. According to the International Coffee Organisation, Honduras is the world’s sixth largest producer of coffee.
GrainChain, which is based in Texas in the USA, uses Blockchain technology and describes its platform as being able to “facilitate prompt payment to suppliers and farmers, and the immediate availability of tradeable commodities to buyers. It attacks fraud and corruption through certification and accountability...” GrainChain has signed up 12,000 Honduran coffee farmers onto its platform, enabling the farmers to get access to capital from banks,...