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The American coffee chain Starbucks will implement the Azure Blockchain Service service of Microsoft technology giant to monitor coffee production, reported the GeekWire technology news site on May 6.
Starbucks announced for the first time its "bean to cup" initiative in 2018, stating that it would work with farmers in Costa Rica, Colombia and Rwanda to test a coffee monitoring system. based on the blockchain. The system will supposedly allow customers to track the production of their coffee and offer potential financial opportunities to coffee bean producers on the backend.
Starbucks further indicated that they would open the pilot program in source to disseminate their results.
The two companies presented a number of common initiatives today at the Microsoft Construction Conference, reports GeekWire. The other projects would seem to concern the predictive driving control and the connection of equipment compatible with the Internet of Things (IoT) in different cafes.
Microsoft's Azure Blockchain service was announced on May 2, as recently announced by Cointelegraph. Azure Blockchain Service is a blockchain-as-a-service (BaaS) platform that currently supports Quorum, JPMorgan Chase's Ethereum platform. The new Microsoft BaaS aims to streamline the use of the consortium's blockchain networks, from creation to modification.
Earlier this week, details suggested that Starbucks would accept payments in bitcoins (BTC) as a result of an equity agreement with the US cryptocurrency trading platform Bakkt. No real bitcoin will be processed by the chain, because the cryptocurrency will instantly be transferred into a fiduciary currency.
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