r/CryptoCurrency 🟦 0 / 14K 🦠 11h ago

PROJECT-UPDATE Lavazza, one of the largest coffee companies in the world, is using supply chain tracking on Algorand to track and authenticate its coffee production. A real world use case that benefits from immutability and common knowledge.

Lavazza Coffee is using Algorand for supply chain traceability, and they’re not slowing down.

They have been doing this for years now. A great proof of concept for huge corporations that want to leverage blockchain to add transparency and trust, in July alone they recorded on-chain:

• 20,000+ tons of coffee cherries
• 189+ tons of green coffee
• 50+ tons of roasted coffee

To see the transactions on-chain, go to the link below and click on the transaction ID. In the notes section you can read all the details:

https://allo.info/account/IHUIX3OSTQO7DQ77SOQ66IR6WVQ5PAFGTBF4TBEC36IUSLGU7O3KD6TJ4E/txns

125 Upvotes

29 comments sorted by

17

u/BlazedAndConfused 🟩 0 / 12K 🦠 10h ago

The thing is most companies don’t want to add transparency. Look at Meta. The big ones often want to hide as much as they can

42

u/FlinchMaster 9 / 8 🦐 10h ago

A traditional database would have managed this cheaper, faster, been easier to maintain, and more scaleable than whatever this setup is. I'm all for interesting usage of crypto, but let's be real here.

5

u/amanj41 🟩 0 / 0 🦠 10h ago

Cheaper for who? Doesn’t get much cheaper for users to have a free public database with negligible transaction fees. Spinning up a DB in AWS and building a service with an API is more expensive singe ALGO is so cheap. I don’t think ALGO’s low fees are sustainable in the long run tho

4

u/baIIern 🟩 0 / 0 🦠 6h ago

Depends on the number of transactions. The cost of a database is many times cheaper than ALGO's

1

u/Top_Mind9514 🟩 0 / 0 🦠 9h ago

ALGO has been being used in the middle east theater for a while now.

2

u/coldfusion718 🟦 633 / 633 🦑 10h ago

A traditional database isn’t decentralized or immutable.

17

u/GeneralZex 🟦 23 / 23 🦐 7h ago

It doesn’t need to be for this use case though. What value is there in immutability of a commodity that more of can be produced whenever it is needed? How do I know they aren’t producing more in secret that is off chain? I don’t, so that means I have to trust them. Well if I have to trust them, a blockchain is entirely unnecessary. Especially when one considers the finite life cycle of coffee; why does this need a blockchain when realistically that 50 tons of coffee will be out of their hands in relatively short order and there will be another 50 tons on its way to replace it?

5

u/GraDoN 🟦 0 / 0 🦠 5h ago

This has always been the dagger in Blockchain from being useful in a real-world scenario. From a company perspective there is almost never a benefit to existing database software and from the public perspective you are at the mercy of the user to actually input accurate information.

As you mentioned, if you trust the user enough to actually put accurate information in, then why do you need Blockchain.

1

u/astropup42O 🟩 0 / 0 🦠 1h ago

I agree I think zero proof databases is the only real use case which can’t easily or cheaply be replicated outside of crypto but it hasn’t had much real world cases yet

4

u/OnionQuest 🟨 0 / 0 🦠 8h ago

Isn't it a problem if Folgers knows how much and from whom their competition is sourcing their beans?

1

u/baIIern 🟩 0 / 0 🦠 6h ago

Also I'd like to know if this is even true, OP came up with a blockchain explorer link that could be anything lmao.

Pretty sure that business guys at Lavazza know that a database is much cheaper and keep it with that.

1

u/gigabyteIO 🟦 0 / 14K 🦠 9h ago

This would defeat the whole point of immutability and transparency.

-1

u/pwinne 🟦 0 / 4K 🦠 9h ago

Cheaper? More scalable. ALGO would be cheaper than traditional cloud and DB licensing etc.

6

u/baIIern 🟩 0 / 0 🦠 6h ago

Source? Because I really doubt that on a business scale.

-1

u/pwinne 🟦 0 / 4K 🦠 6h ago

I was basing this on a bank in Australia’s trial of VET - I have no other source :)

16

u/Baseic 🟩 0 / 0 🦠 7h ago edited 6h ago

Looks to be mostly unused with less than 400 entries since 2022. Probably just some intern project to play around with.

Edit: OP has blocked me. It's probably in their best interest to block valid criticism if they're trying to shill something. Keep this in mind the next time you read such an 'announcement'.

8

u/AdministrativeChef47 🟨 0 / 944 🦠 11h ago

Love seeing algo succeed in the RWA space

7

u/Top_Performance_732 🟩 0 / 261 🦠 5h ago

This isnt RWA (obviously) and its also fake news, they arent really using Algo.

2

u/SenseiRaheem 🟩 29 / 7K 🦐 9h ago

Blockchain for the food chain. Nice.

1

u/Impressive_Reality11 🟩 0 / 0 🦠 10h ago

So one coin that's not Useless. Nice!

1

u/Swerve99 🟦 286 / 286 🦞 11h ago

Shouts out torino

-1

u/HBAR_10_DOLLARS 🟩 0 / 0 🦠 2h ago

HBAR eats Algo for breakfast, sorry guys

1

u/Chronicle112 🟦 52 / 53 🦐 5h ago

Nice, on top of that, I like their coffee lol

-2

u/rusty0004 🟨 0 / 0 🦠 9h ago

Vechain Bro's 🤣