Cryptocurrency Short News

Nestlé’s Open Blockchain Pilot Program Enforces Transparency

Nestlé becomes the first major food and beverage company to implement transparency

Nestlé to enforce full transparency has announced to pilot new blockchain technology in collaboration with OpenSC. OpenSC is an innovative blockchain platform that allows consumers to track their food right back to the farm.

Initially, the program will trace milk from farms and producers in New Zealand to Nestlé factories and warehouses in the Middle East. Later, Nestlé will test the technology using palm oil sources in the Americas. Moreover, these pilots will allow Nestlé to analyze how scalable the system is.  OpenSC has developed a platform to give anyone, anywhere access to independently verifiable supply chain data.

Show More

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