How Bext360 Leverages Blockchain & AI to Revolutionize Coffee Supply Chains
Denver-based startup Bext360 has secured $1.2 million in funding to disrupt the global coffee industry through cutting-edge technology. By integrating blockchain, AI, and IoT, the company aims to create a more transparent, equitable, and efficient supply chain—benefiting farmers and consumers alike.
The Problem: Inequity in the Coffee Trade
- Coffee is the world’s second most traded commodity, valued at over $100 billion annually.
- 70% of coffee farming labor is performed by women, yet growers often face low prices and delayed payments.
- Traditional supply chains lack transparency, leaving farmers vulnerable to exploitation.
The Bext360 Solution: Tech-Driven Fair Trade
1. AI-Powered Coffee Grading
Bext360’s flagship product functions like a “Coinstar for coffee,” using machine learning and computer vision to:
- Automatically grade coffee cherries and beans by quality.
- Provide real-time pricing data to farmers via a mobile app.
2. Blockchain for Transparency & Payments
Powered by Stellar’s decentralized network, the platform:
- Tracks coffee from bean to brew, ensuring full traceability.
- Enables instant digital payments to farmers, eliminating months-long delays.
- Allows all stakeholders (farmers, co-ops, buyers) to access transparent transaction data.
3. Data-Driven Supply Chain Optimization
Bext360’s machines collect critical data on:
- Farming practices and crop quality.
- Supply chain inefficiencies, enabling smarter business decisions.
Why This Matters
- Farmers gain financial stability with immediate payments and fair pricing.
- Consumers get higher-quality coffee with verifiable origins.
- Lenders benefit from streamlined loan repayments tied to equipment financing.
Leadership with a Vision
Daniel Jones, Bext360’s CEO and a serial entrepreneur, brings decades of experience in emerging markets. His prior work includes:
- Founding the first Dodd-Frank-compliant conflict mineral exporter from the DRC.
- Designing JWICS, the largest top-secret TCP/IP network for the U.S. government.
“We’re leveraging mobile infrastructure, blockchain, and AI to transform the coffee supply chain—improving livelihoods, product quality, and consumer trust,” says Jones.
The Future of Ethical Coffee
By bridging the gap between technology and agriculture, Bext360 is pioneering a more equitable and sustainable future for coffee farmers worldwide. As demand for transparent, ethically sourced products grows, innovations like these could redefine global trade.
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