Nestle to collaborate with OpenSC over open blockchain pilot
Nestle said it will break new ground in supply chain transparency through a collaboration with OpenSC - a blockchain platform that allows consumers to track their food right back to the farm. Through this collaboration, Nestle becomes the first major food and beverage company to announce that it will pilot open blockchain technology in this way, it said. Founded by WWF-Australia and The Boston Consulting Group Digital Ventures, OpenSC has developed a platform that will give anyone, anywhere access to independently verifiable sustainability and supply chain data. The initial pilot program will trace milk from farms and producers in New Zealand to Nestle factories and warehouses in the Middle East. Later, the technology will be tested using palm oil sourced in the Americas. These pilots will allow Nestle to understand how scalable the system is. Nestle has piloted blockchain technology since 2017, most prominently with IBM Food Trust. In April, it gave consumers access to blockchain data for the first time, through Mousline puree in France.