Coffee Blockchain Initiative
- On 29th March, Coffee Board, under the Ministry of Commerce and Industry, launched blockchain based coffee e-marketplace.
- With this, the Coffee Board of India has taken the third spot in launching a blockchain coffee trading app, after France and Ethiopia.
Aim
- To Bring More Transparency: Blockchain will reduce the number of layers between coffee growers and buyers and help farmers double their income. This project will also bring transparency among farmers and buyers.
Trade Benefits with this Initiative
- More access to International Market: It will help the Indian coffee trade make more inroads into the premium market internationally and make India one of the top ....
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