Why Starbucks May Use Blockchain to Track Your Coffee Beans

- Advertisement -

Soon, when Starbucks customers order their morning joe or buy a bag of roasted coffee, they may be able to learn exactly where the beans come from and the name of the farmer who cultivated them. Starbucks says over 380,000 farmers sold it their beans last year but now the company wants coffee cravers to learn the details of that sourcing through a two-year pilot program tracing the process from bean to cup. The pilot will start with growers in Costa Rica, Rwanda and Colombia.

Traceability plays an increasing role in supply-chain sourcing, something that can be done more easily done with blockchain than with individual software systems around the world that aren’t networked. There are still questions about what Starbucks’ program, announced late last month, will look like and how it will be used, and the plan is short on details including the underlying technology.

“We are exploring all technologies, including blockchain,” a company representative tells ThirtyK

The plan is “to develop next-level data technology to log and share real-time information along the journey of coffee beans with the aim of driving positive impact to smallholder farmers within its supply chain,” Starbucks wrote in its announcement about the project. The company says it will use an open-source approach to share what it learns from the pilot program with the rest of the world.

The aim is to use the technology to give coffee farmers more financial empowerment and independence. Transparency for the customer and grower accountability are other perks. “From unpredictable climate changes to commodity price volatility, farmers continue to face multiple challenges in a global marketplace,” Jean Nkunzimana of the MISOZI Coffee Cooperative in Rwanda is quoted saying in the announcement. “With identity being the foundation of traceability, farmers have been able to leverage the value of being identified to create a credit history of the value of their production, as well as an acknowledgment of their self-worth.”

- Advertisement -

Previous Articles:

- Advertisement -

Latest News

Hamak Gold to Hold Bitcoin in Treasury, Aims for UK Leadership

Hamak Gold is moving part of its treasury funds into Bitcoin while continuing gold...

Symbolic 200 BRICS Bank Note Unveiled at 2025 Summit Sparks Buzz

A 200-denominated BRICS bank note appeared at the 2025 St. Petersburg forum, generating discussions...

$8.6B Bitcoin Move Sparks New Speculation Over Satoshi’s Identity

Bitcoin saw a record $8.6 billion transferred from dormant wallets in what is called...

Hong Kong to Expand Tokenized Bond Program, Eyes Regular Issuance

Hong Kong plans to expand its tokenized bond offerings and aims to make them...

Taiwan NSB Warns of Data Privacy Risks from China-Made Apps

Taiwan’s National Security Bureau (NSB) warns about security risks in China-developed apps like RedNote,...

Must Read

How Much Money Do You Need To Start In Crypto?

TL;DR -If you are wondering How Much Money Do You Need To Start In Crypto, note that is less than you are probably thinking....