By The United States region of the worldwide coffee chain Starbucks is reportedly seeking to implement Microsoft’s Azure Blockchain Service to track coffee production as per a report released on May 6th.
Starbucks first revealed the news for its “bean to cup” project back in 2018, stating that it would work with coffee bean farmers in Costa Rica, Columbia and Rwanda to pilot a blockchain-powered coffee-tracking system.
The system will reportedly enable customers with the ability to trace the production of their coffee all the way back to the bean as well as create new revenue opportunities for the farmers on the backend.
Starbucks added that it would make the pilot program open source in an effort to distribute their research.
Both Starbucks and Microsoft presented a number of joint projects at yesterday’s Microsoft’s Build Conference. Other notable projects include the implementation of Internet-of-Things (IoT) equipment at various locations as well as predictive drive-through ordering.
As reported by Coinbeat, Microsoft’s Azure Blockchain Service was announced earlier this month on May 2nd. The service is a blockchain-as-as-service (Baas) platform which currently boasts support for Quorum, the Ethereum-based platform of JP Morgan Chase. Microsoft’s BaaS platform seeks to streamline the use of consortium blockchain networks, from the stages of development, implementation and modification.
Earlier this week it was also reported that Starbucks will accept Bitcoin (BTC) payments as a result of an equity deal with Bakkt, a U.S-based cryptocurrency trading platform. No actual BTC will be processed by Starbucks as the digital assets will be converted instantly into fiat currency during transactions.
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