Wednesday, April 14, 2021
Techiexpert.com
No Result
View All Result
  • Login
  • Register
  • Home
  • Tech news
  • Startups
  • AI
  • IOT
  • Big Data
  • Cloud
  • Data Analytics
  • ML
  • Blogging
Techiexpert.com
No Result
View All Result

Blockchain will help coffee growers fetch better price

Sony T by Sony T
March 30, 2019
in Tech news
Reading Time: 2 mins read
A A
0
Blockchain will help coffee growers fetch better price
10
SHARES
137
VIEWS
Share on FacebookShare on Twitter

State-run owned coffee Board of India has now collaborated with the Eka Software Solution Pvt Ltd, which helps in the development of the commodity management software solutions, to launch a blockchain for its marketplace to remove the middleman and bring the transparency to the business.

According to the report, the Blockchain would provide both the buyers and growers with a unified platform for better fair trade practices and traceability. This is as of now the third blockchain solution for the coffee growers across the globe after Ethiopia and France.

“This pilot project will help integrate the farmers with markets in a transparent manner and lead to the realization of fair prices for the coffee producers,” said commerce secretary Anup Wadhawan. He added that the blockchain would reduce the number of layers between the growers and buyers, leading to an increase in farmer’s income.

The deployment will help the gamers to simply reach to a wide set of buyers, which will in turn also helps in manage sale, negotiate and purchase and delivery of products in the real time scenario.

ADVERTISEMENT

Some of the other features of the collaboration include the online framework for sharing the transactions and ledgers and the potential for the automatic digital payments in partnership with the trade. The release also stated that a digital Identification would also be created for all the physical products and the sources of records would be accessible to all the parties.

“With this activation, we are confident that the Coffee Board will help the Indian coffee trade make more inroads into the premium market internationally and make India one of the top three coffee producers in the world,” said Manav Garg, chief executive and founder of Eka Software.

Tags: Blockchain
Share4Tweet3Share1Pin1
Sony T

Sony T

Sony is a passionate bloggers writes on Futuristic technologies ...

Related Posts

Methods to Protect Yourself and Your Macbook
Tech news

Great MacBook Tips for New Owners

by Sony T
April 13, 2021
6 Most Enticing Work management Apps in 2021
Tech news

6 Most Enticing Work management Apps in 2021

by Sony T
April 12, 2021
Microsoft Teams is coming under Government Community Cloud
Tech news

COVID accelerated a push to the Microsoft cloud. Top reason: Microsoft Teams — ShareGate Report

by Srikanth
April 10, 2021
Microsoft new gaming device powered by Azure
Tech news

Digitate’s ignio™ AIOps For Azure Now Available in the Microsoft Azure Marketplace

by Srikanth
April 8, 2021
Four Practical Applications Of Artificial Intelligence And 5G
Tech news

Four Practical Applications Of Artificial Intelligence And 5G

by Srikanth
April 7, 2021

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

Latest Stories

What is model risk management?
Big Data

What is model risk management?

by Srikanth
April 13, 2021
Methods to Protect Yourself and Your Macbook
Tech news

Great MacBook Tips for New Owners

by Sony T
April 13, 2021
6 Most Enticing Work management Apps in 2021
Tech news

6 Most Enticing Work management Apps in 2021

by Sony T
April 12, 2021
How to get started with AIOps?
Artificial Intelligence

How to get started with AIOps?

by Srikanth
April 11, 2021
Load More
Techiexpert.com

© 2020 All Rights Reserved

  • Terms of use
  • Privacy Policy
  • About Us
  • Contact us
  • Write For Us
  • Cookie Policy

  • Login
  • Sign Up
No Result
View All Result
  • Home
  • Tech news
  • Startups
  • AI
  • IOT
  • Big Data
  • Cloud
  • Data Analytics
  • ML
  • Blogging

© 2020 All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Newsletter ?

What is Expected ?

  • Newsletter
  • eBooks
  • Tech Reports
  • Infographic
  • Webinar
  • Event Tickets
We would like to show you notifications for the latest news and updates.
Dismiss
Allow Notifications