Sunday, August 25, 2019

Blockchain Tech Introduced By Ugandan Coffee Firm To Track Its Supply Chain

A Ugandan coffee firm has introduced blockchain technology to track its supply chain system. This is aimed at meeting the demand of the growing number of consumers interested in the source of production of what they consume.

Blockchain Tech To Introduce Credibility To Coffee Supply Chain

Carico Café Connoisseur, a Ugandan coffee firm has introduced blockchain tech for the tracking of its supply chain as reported by Business Daily Africa. The new platform will be providing a shared record data held on multiple computers instead of a single system.

The tech is introduced to track the records of the coffee from the farm to collection centres, warehousing, and inspection by regulators and shipping. Carico Café Connoisseur CEO, Mwambu Wanendeya stated that the idea is to give the consumer an appreciation of what happens in the transition of product and also to ensure there are more linkages with the farmer.

Further, he noted that traceability is important because consumers are increasingly concerned about the source and origin of what they consume. The implementation will provide the consumer’ with information on the type of coffee bean, the year it was harvested and where it was grown.

Also, the introduction of the tech to track supply chain is aimed at benefitting the coffee farmers according to the firm. Wanendeya noted that consumers are willing to pay more if they can know where exactly the coffee is coming from.

The firm is also after the welfarism of farmers as it works with two farmers cooperative with hundreds of members for the supply of coffee and it projects the innovation could boost farmers income by 10 percent.

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According to the International Coffee Organisation, Uganda is the largest exporter of coffee in Africa, followed by Ethiopia and it has some of the best quality of coffee beans in the world. Uganda is also working towards increasing its coffee export from its current level around 4 million 60-kilogramme bags per year.

Blockchain Adoption To Track Supply Chain

The introduction of the blockchain technology for tracking supply chain is one of many benefits the technology has offered to the world. It has seen the application in many facets of human society.

Many giant firms in the world have introduced the blockchain tech to track its supply chain such as Walmart, Maersk, among others. The growth of the tech adoption gives it the description as the future of world tech.

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