Back in March this year, the Coffee Board of India (CBoI) partnered with software company Eka Software Solutions to launch a blockchain platform. Farmers, exporters, curers, roasters, and international buyers could register on it, and trade coffee.
The response was lukewarm during its launch in March. Only 23 farmers had registered on the platform, making up 100 tonnes of India’s 320,000 tonnes of coffee.
However, it was the off-season. As the new season started, which lasts from November to March, its fortunes have changed. More than 30,000 farmers have signed up after just 8 months of the launch.