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Coco-Cola Uses Blockchain Technology To Revise its Supply Chain

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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. 

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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.

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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.

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