Cryptocurrency Short News

Coco-Cola Uses Blockchain Technology To Revise its Supply Chain


Coca-Cola is the latest food and beverage supply to implement blockchain in its working structure. The bottlers within the organization are using a blockchain developed by the German software company SAP. 


As per a report, Coke One North America (CONA) has to handle about 160,000 orders daily. CONA manages a platform to oversee multiple franchises that manufacture, bottle and ship orders of Coca-Cola products daily. CONA expects to reduce the order reconciliation duration to a few days earlier which used to be 50 days. The blockchain will further give real-time insights on transactions on Coca-Cola’s network. Additionally, It will generate over $21 billion in revenue per year.

Show More

Disclaimer : The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of Coinpedia. Every investment and trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

Related Articles

Back to top button