June 18, 2024

Coca-Cola uses blockchain to track supply chains

Coke One North America (CONA), which provides an IT platform for Coca-Cola bottlers in North America,uses blockchain to control supply chains, reports Business Insider.

The implementation of the blockchain CONA will be in partnershipwith a German manufacturer of SAP software. It is expected that the technology will accelerate the interaction of product bottlers, the coordination of applications and reduce the cost of the entire process.

The project will be attended by 70 franchise companies, supplying more than 160 thousand bottles of Coca-Cola daily.

CONA, Coca-Cola and SAP are also in talks to connect Walmart and Target to the network.

Recall that last year, SAP, together with the blockchain startup Modum, announced the introduction of distributed ledger technology in supply chain management in the agricultural sector.