iFinca – A Blockchain-based Coffee Supply Chain Solution

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Debut Infotech Pvt Ltd
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iFinca ensures fair, transparent pricing for coffee farmers, seamless transactions for importers & roasters.

Introduction

iFinca is an enterprise-ready Blockchain solution that can help you track the overall coffee supply chain process from production to delivery thereby increasing transparency, traceability, and profitability.

About

iFinca is a supply chain-based mobile app that allows customers to track the supply chain journey of the coffee beans from the time a grower packages them to the time they hit the coffee chain’s customers. By harnessing our extensive knowledge and hands-on experience in Blockchain technology, we successfully built a supply chain-based mobile app that helped the client provide its customers with unprecedented levels of transparency around origin and quality, allowing them to trace and track the origin of coffee beans by scanning the QR code embedded on the coffee cup.

Problems and Challenges

Coffee has been a popular drink for centuries, yet its supply chain possesses numerous challenges such as fragmented production, climate change, commodity market instability, and more. Moreover, the Coffee Supply Chain (CSC) involves several intermediaries such as farmers/producers, millers, exporters/importers, roasting companies, retailers, and consumers. All that makes the coffee supply chain extremely complex, expensive, and time-consuming. It takes days to process payment between manufacturers and suppliers, or between customers and vendors. On top of all, the coffee transactions can’t be traced back to suppliers, which is a major concern. The client wanted a Blockchain-based solution that could give all stakeholders access to data across the entirety of the supply chain, thereby building trust and transparency throughout the chain.

Solution

Seeing our proven track record of delivering ambitious Blockchain projects for enterprises, iFinca approached Debut Infotech with a request to create a robust, intuitive supply chain solution for those immersed in the Coffee industry.

  • A user-friendly interface
  • A transparent electronic ledger for data storage
  • Provides a mechanism for quick and easy information access
  • Allow you to track the entire coffee supply chain