The use of Blockchain technology is on the rise. Every day there are more uses of the blockchain in diverse fields. One of those areas that actively utilizes blockchain technology is the agriculture industry, especially in product tracing. For example, in the food sector, many items can be traceable when their data is stored on a blockchain network; consumers can check where the agricultural products were produced and how they are distributed.
As is public knowledge, a blockchain is essentially a record, a digital ledger that is distributed and shared by many different parties. It indicates that there is no centralized organization or person that stores and controls data, and a consensus algorithm is necessary for sharing data among the nodes.
Also, it is impossible to erase the information once entered, and one cannot edit the data on a blockchain on purpose since the records are shared and distributed. Blockchain’s such features make it the best mean to record and trace the data in a secure manner related to any product in general.
And it is precisely the use of distributed technology or blockchains that helped coffee beans to guarantee sustainable development and avoid forgery. For many economies around the world, a coffee bean is the main source of income and known as ‘black gold.’ For their increased revenue and consumers’ better choice, applying blockchain technology can be an excellent option.
With the entry into the Blockchain technology scene, a coffee farmer can register his product from the moment he extracts the harvest to the distribution process, and all the information about the whole process can be conveyed to the table. Eventually, consumers can know the entire supply chain of coffee beans they are willing to consume by scanning a QR code labeled on the product packaging. They can check the data that have been entered into a specific blockchain by executing smart contracts that validate the origin of the product immediately and immutable.
In this context, there are several examples worldwide on the use of Blockchain technology for the traceability of coffee beans from the field to the table.
One of the good examples is the consumer-oriented mobile application, Thank My Farmer, which extracts information directly from blockchain technology. It was developed by the Farmer Connect, an organization for increasing transparency and sustainability in agriculture supply chains and powered by IBM. It is said that J.M.Smucker will use the app to trace its Colombian coffee beans.
Moreover, blockchain technology can be adopted in any supply and distribution chain, not to mention coffee beans. For example, NFUP, one of the DApps of FLETA, utilizes blockchain technology to track and trace all production and distribution processes of its network’s agricultural products that include many kinds of fruits and vegetables. Thanks to this system, consumers of its ecosystem can easily check traces of farm products, and make smart decisions.
Though many of the public may not yet notice, blockchain technology can be useful for shopping, as mentioned. NFUP is a good example of applying blockchain technology for the public’s better life. FLETA has accelerated the NFUP project, and we are willing to support blockchain projects such as NFUP for the broad utilization of blockchain technology.
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