Bext360 leverages blockchain technology to manage payments in automated kiosks that evaluate produce — cherries and coffee — negotiate price and transfer digital cash. The company makes digital/mobile payments directly to all the stakeholders in the supply chain, including farmers, communities, banks and others. Their system tracks the goods from their source to end consumer, enabling customers to directly interact with the supplying communities. Their first machine will be tested in California and then launched in the Democratic Republic of Congo and Columbia.
HOW IT WORKS
bext360 utilizes machine vision and artificial intelligence (AI) to source high-quality agricultural products directly from the source. bext360 makes digital/mobile payments to the farmers, communities, banks, and other stakeholders utilizing block chain payments directly to the stakeholders. The bext360 system then tracks the goods from the source to the end consumer, allowing the end consumer to interact directly with the communities that provide the goods. Lastly, bext360 provides a complete RESTful API to allow wholesalers and retailers to embed the technology into their own websites, marketing, point-of-sale systems, and supply chain management tools.
SINGLE ORIGIN FAIR-TRADE
Provides fair and transparent analysis and payments to ensure all coffee meets Fair-Trade standards and works directly with the Point of Origin communities.
ANALYSIS AND PAYMENTS
bext360 Machines collect, analyze, and make electronic payments to all stakeholders at the Point of Origin of the coffee and provide critical data to improve the quality of the coffee.
Enables buyers and other organizations with direct paths to improve the quality of both the product and the communities that provide the coffee.
Provides a RESTful API, allowing all data to be imbedded and private labeled into wholesaler or retailer marketing and loyalty programs.