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 ....
Do You Want to Read More?
Subscribe Now
To get access to detailed content
Already a Member? Login here
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material since 2018 of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Economy Watch
- 1 India’s Renewable Energy Capacity Crosses 200-GW Mark
- 2 New Guidelines to Boost India’s Seaweed Industry
- 3 India’s Hunt for Critical Minerals
- 4 Scheme Guidelines for ‘Innovative Projects’ under PM-Surya Ghar Yojana
- 5 Impact of DFCs on Indian Economy
- 6 IAPH Recognises Mormugao Port as an Incentive Provider
- 7 SEBI Proposes New Rules for Securitisation Activities
- 8 ANNA DARPAN: Modernizing Supply Chain Management System
- 9 21st Livestock Census Launched
- 10 National Mission on Edible Oils – Oilseeds