With the bext360 solution, coffee farmers can move away from paper and receive instant digital payment for their products.
Most coffee farmers operate on a small scale, living on less than $2 a day. bext360 aims to make it easier for these farming communities to get a fair price, with instant payment for their beans at the farmgate. The solution utilises machine learning and artificial intelligence to source high-quality coffee products directly from the producer, and then employs blockchain technology to create a record of where the beans came from and who paid what for them. This process enables suppliers, retailers, and consumers to know that farmers at the bottom of the supply chain have been paid a fair price for that morning cup of coffee.