A large percentage of the world’s coffee is grown by small farmers earning less than $2 a day – and that amount may only be a promise on a sheet of carbon paper. Bext360, a Denver-based company a little over a year-old, is seeking to perk up the outlook for these small coffee farmers. By applying technology, particularly the utilization of blockchains, the company seeks to improve the global supply chain for agricultural products. Bext360 is beginning with coffee, and if successful, these farmers could realize higher values for quality coffee in almost instantaneous transactions.
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