Smart Contracts as a Tool to Support the Challenges of Buying and Selling Coffee Futures Contracts in Colombia
Cristian Camilo Ordoñez,
Mario Muñoz Organero,
Gustavo Ramirez-Gonzalez
et al.
Abstract:In Colombia, coffee futures contracts represent essential financial agreements that allow producers and buyers to establish prices, quality, and conditions for future transactions in the coffee market. Despite the evident benefits of stability and predictability, this practice faces significant sustainability challenges that threaten its long-term viability. One of the reasons is the significant lack of transparency in the supply chain. Farmers, affected by abrupt price fluctuations and adverse weather conditi… Show more
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