The Debate Over “Blockchain Coffee”
Blockchain technology has disrupted varies industries and has provided many with the opportunity to be a part of a decentralized and more efficient system. While many of the projects have been successful, there is one particular market environment that is being pressured to adopt blockchain and it has sparked debate among the crypto community.
Fairchain Farming has introduced a new concept called “Blockchain Coffee.” The project promises coffee lovers the opportunity to trace their coffee. Unfortunately, the project has sparked discord among the crypto community, especially because the success of the blockchain depends upon a third-party to input the data correctly into the blockchain.
Further, the project does not offer much by way of innovative solutions and the technology does not add much to traceability either. The current centralized framework is well-equipped to efficiently manage the products as is. At this point, only time will tell the value of a project such as this one.