Blockchain apply for coffee supply chain
It is true that consumers are demanding better pricing and are shopping globally. There is not only a pressure on the one manufacturers but it also affects the entire supply chain. The idea is to completely make the transition from B2B to B2C. Companies would like to own the relationship directly with their clients by having better margins and less dependent on the reseller channel. While consumer is looking for the answer of the flow of goods or services includes all processes that transform raw materials into final products. Enterprises have to think how to maximize customer value, how to meet their requirement with numerous of questions such as coffee family, type of seed, fertilizer used, famers name, or even actually fair trade.
There is action that enterprise could take to solve the problems described above. The new innovation technology can change human trade from physical world to digital world. This is the way of connecting coffee farmers to coffee drinkers. This could dramatically reduce time delays, added costs, connect and exchange all kind of value and societies. It’s not just economic revolution, but it also prevents company from acting uncertainty, unfairness, and even corruption. Blockchain is the key technology behind Bitcoin and a new network that helps decentralize trade and allows for more peer-to-peer transactions. Initially it was made for financial transactions but it is now revolutionizing the business world especially Supply Chain.
The problem for the giant coffee manufacturers like Starbucks, McDonald, and Highland that they are managing the numerous of different vendors across the supply chain. Each of vendors do not have the same database or infrastructure. It becomes extremely hard to see transparently product involve overtime. By using the coffee blockchain platform all of these stakeholders including farmer, traders, shippers and insurers interact by using the share database without trusting one another or even consumers have a right to access all entirety data of the supply chain. They can have a lot more chance transparency with digital certificates, tracking the chronological history of the coffee bean that coffee fabrication bought.
In completely a new way, Blockchain allows us to create an open global platform which store many kind of access from any source to any individual such as ownership, location, and contract or even personal identity information. This technological supply chain potential offer by blockchain in coffee production, distribution, marketing and commercial revolution processing from coffee planting, farm inspection, harvesting, certificate, insuring, shipping, warehousing, roasting, and brewing. More importantly blockchain technology using computers, instead of using the company like Uber or Amazon for making transaction but run by many different computer with same software to guarantee transaction. It keeps details such as the sender, the receiver and the amount of money
Trust - the most expensive thing in the world, it can take years to earn and just a matter of seconds to lose. Blockchain change the way we trust. It was designed to be decentralized and distributed across a large network of computers. It brings trusted research that will equip policy makers with the information they need to flourish in this new digital economy and improves efficiency of global supply chain. I believe that blockchain would be the next industrial revolution in the coffee supply chain.
| Post date | Users | Rates | Link to Content |
|---|---|---|---|
| 2024-06-27 | orioleinsights | view | |
| 2019-05-16 | nguyenluong | 56 | view |
| 2018-06-26 | thuanyen | 78 | view |
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Grammar and spelling errors:
Line 1, column 119, Rule ID: ONE_PLURAL[1]
Message: Don't use the numeral 'one' with plural words. Did you mean 'one manufacturer', 'a manufacturer', or simply 'manufacturers'?
Suggestion: one manufacturer; a manufacturer; manufacturers
...ly. There is not only a pressure on the one manufacturers but it also affects the entire supply c...
^^^^^^^^^^^^^^^^^
Line 2, column 87, Rule ID: NEW_XX[1]
Message: Use simply 'innovation'.
Suggestion: innovation
...solve the problems described above. The new innovation technology can change human trade from ...
^^^^^^^^^^^^^^
Line 4, column 93, Rule ID: MANY_NN[1]
Message: Possible agreement error. The noun kind seems to be countable; consider using: 'many kinds'.
Suggestion: many kinds
...ate an open global platform which store many kind of access from any source to any indivi...
^^^^^^^^^
Line 4, column 631, Rule ID: NUMEROUS_DIFFERENT[1]
Message: Use simply 'many'.
Suggestion: many
...mazon for making transaction but run by many different computer with same software to guarante...
^^^^^^^^^^^^^^
Line 4, column 773, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
...er, the receiver and the amount of money Trust - the most expensive thing in the ...
^^^
Transition Words or Phrases used:
actually, also, but, if, look, second, so, while, kind of, such as, it is true
Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments
Performance on Part of Speech:
To be verbs : 15.0 13.1623246493 114% => OK
Auxiliary verbs: 9.0 7.85571142285 115% => OK
Conjunction : 26.0 10.4138276553 250% => Less conjunction wanted
Relative clauses : 9.0 7.30460921844 123% => OK
Pronoun: 31.0 24.0651302605 129% => Less pronouns wanted
Preposition: 67.0 41.998997996 160% => OK
Nominalization: 14.0 8.3376753507 168% => OK
Performance on vocabulary words:
No of characters: 2960.0 1615.20841683 183% => OK
No of words: 540.0 315.596192385 171% => Less content wanted.
Chars per words: 5.48148148148 5.12529762239 107% => OK
Fourth root words length: 4.82057051367 4.20363070211 115% => OK
Word Length SD: 3.00032285975 2.80592935109 107% => OK
Unique words: 304.0 176.041082164 173% => OK
Unique words percentage: 0.562962962963 0.561755894193 100% => OK
syllable_count: 909.9 506.74238477 180% => OK
avg_syllables_per_word: 1.7 1.60771543086 106% => OK
A sentence (or a clause, phrase) starts by:
Pronoun: 11.0 5.43587174349 202% => Less pronouns wanted as sentence beginning.
Article: 4.0 2.52805611222 158% => OK
Subordination: 1.0 2.10420841683 48% => OK
Conjunction: 6.0 0.809619238477 741% => Less conjunction wanted as sentence beginning.
Preposition: 3.0 4.76152304609 63% => OK
Performance on sentences:
How many sentences: 26.0 16.0721442886 162% => OK
Sentence length: 20.0 20.2975951904 99% => OK
Sentence length SD: 62.2197979299 49.4020404114 126% => OK
Chars per sentence: 113.846153846 106.682146367 107% => OK
Words per sentence: 20.7692307692 20.7667163134 100% => OK
Discourse Markers: 3.0 7.06120827912 42% => More transition words/phrases wanted.
Paragraphs: 5.0 4.38176352705 114% => OK
Language errors: 5.0 5.01903807615 100% => OK
Sentences with positive sentiment : 13.0 8.67935871743 150% => OK
Sentences with negative sentiment : 5.0 3.9879759519 125% => OK
Sentences with neutral sentiment: 8.0 3.4128256513 234% => Less facts, knowledge or examples wanted.
What are sentences with positive/Negative/neutral sentiment?
Coherence and Cohesion:
Essay topic to essay body coherence: 0.344683197351 0.244688304435 141% => OK
Sentence topic coherence: 0.085376146211 0.084324248473 101% => OK
Sentence topic coherence SD: 0.0990923250658 0.0667982634062 148% => OK
Paragraph topic coherence: 0.198349826297 0.151304729494 131% => OK
Paragraph topic coherence SD: 0.0540188263025 0.056905535591 95% => OK
Essay readability:
automated_readability_index: 14.8 13.0946893788 113% => OK
flesch_reading_ease: 42.72 50.2224549098 85% => OK
smog_index: 8.8 7.44779559118 118% => OK
flesch_kincaid_grade: 12.3 11.3001002004 109% => OK
coleman_liau_index: 14.5 12.4159519038 117% => OK
dale_chall_readability_score: 9.39 8.58950901804 109% => OK
difficult_words: 163.0 78.4519038076 208% => Less difficult words wanted.
linsear_write_formula: 8.0 9.78957915832 82% => OK
gunning_fog: 10.0 10.1190380762 99% => OK
text_standard: 15.0 10.7795591182 139% => OK
What are above readability scores?
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Rates: 78.6516853933 out of 100
Scores by essay e-grader: 7.0 Out of 9
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Note: the e-grader does NOT examine the meaning of words and ideas. VIP users will receive further evaluations by advanced module of e-grader and human graders.