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Tuesday, March 6, 2018

CRYPTO N KAFE - The New Era of African Coffee Industry

The speed of the growing coffee market not only in the country but around the world in recent years is remarkable. However, apart from this, there are many challenges ahead of the coffee market while organizing and distributing coffee beans in particular, in Africa.

Main Challenges in African Coffee Distribution

These challenges include low income for smallholders, negative effects of poor financial support, lack of government support and transparent transactions in the supply chain, and price volatility.

The coffee market has grown rapidly from 2011 to 2015 and predictors say that it will increase over the next 5 years. 25 million coffee farmers from Latin America, South Asia, sub-Saharan Africa, Southeast Asia compete globally to sell coffee to several international coffee trade organizations.

However, if we analyze the statistics, then we realize that most African farmers are poor. The condition of coffee farmers deteriorated between the 1970s and 1990s. Around the 1970s, farmers were paid roughly. 20% of the retail price, which dropped to about 15% in the 1990s.

In addition, small-scale farmers have no credit, and coffee trade is not transparent. All these problems can not be dormant for the long term. As a result, Crypto N 'Kafe has produced an idea and they have developed Blockchain-based ecosystems that have the ability to handle all of these key issues.

What exactly is this Ecosystem?

It is a decentralized consumer ecosystem based on intelligent contract technology, backed by Ethereal Blockchain. With this help, small-scale farmers can increase their revenues in a very big way, and the coffee world can become more transparent with efficient supply chains. The Crypto N 'Cafe system connects coffee farmers as well as consumers directly and overcomes the dominance of retailers. It provides several smart contracts for easy operation.

Not only that, there are more benefits from deploying this system such as fair trade introductions in the absence of markup or hidden in coffee transactions, use without central authority such as companies, banks, or governments, smooth flow of coffee supply chains in Africa, decreasing inflation rates enabling economic conditions, etc.

How To Help Farmers, Traders, Roasters, Retailers, & Consumers

  • Get the best knowledge about coffee trade.
  • They can achieve financial freedom.
  • No need for intermediaries or third parties.
  • Even small farmers can earn more.
  • This can help them to access a more appropriate payment approach.
  • They can export at lower cost at high speed worldwide.
  • No need to enjoy complicated banking procedures.
  • They can make deals with farmers and traders directly.
  • Provide simple payment procedures at low cost.
  • They can use sophisticated tools for their retail systems.
  • Provide simple access to end customers with mobile wallets, P2P exchanges, and debit cards.
  • They can get high-quality coffee at a cheaper price than in stores.
  • Coffee can be purchased online effortlessly.
  • In addition, they can access their choice of suppliers indefinitely.
There is no doubt that challenges may increase in the future with the current rate of coffee market growth. Therefore we need a system to handle all the problems. Crypto N 'Kafe has taken the first step with the discovery of the Blockchain-based ecosystem. Will definitely bring the coffee industry to the next level.


For more information :

The bitcointalk name: Icaica22

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