Nestle implements blockchain system for control of food supply

At the beginning of July, 2019 Nestle announced implementation of a blockchain platform for tracking of supply of food. The OpenSC company created by Boston Consulting Group and the World Wide Fund for Nature became the partner of the Swiss giant in this project.

OpenSC develops the blockchain platform of the same name helping the enterprises of the food industry to eliminate products illegal, harmful to the environment or unethical by origin from supply chains.

Consumers can scan a QR product code in shop to check where ingredients to it were received, and to trace their supply chain.

Nestle implements a blockchain system for control of supply of food

At the first stage of Nestle will use OpenSC to monitor supply of milk from farms and producers in New Zealand to the plants and warehouses of the company in the Middle East. A bit later the technology will be tested on the palm oil produced on the American continent.

As reported in Nestle, the project should show capability a blockchain system to be scaled and that, how well it can will check data. 

The open blockchain technology will allow each person to estimate the facts and digits concerning our suppliers worldwide — noted in the company.

Nestle calls itself the first large producer of food who began to use a solution blockchain for monitoring of deliveries.

We want that our consumers made reasoned decision on the choice of products. The open blockchain technology is able to allow us to share a solid data with consumers by an available method — the executive vice president of Nestle Magdi Batato said.

Earlier Nestle already participated in a blockchain projects. So, in 2017 the company announced desire to test the IBM Food Trust system, and in April of the 2019th beginning cooperation with the French supermarket chain Carrefour for the purpose of control of origin of mashed potatoes.^[1]

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