According to a report of Techwire Asia, Nestlé is embracing blockchain technology for your complex supply chain.
The global food giant uses a highly complex global supply chain that involves production, processing, packaging, warehousing, logistics, and distribution.
This distances the end consumer from the original producers, to the point where continuous product deliveries increase the risk of contamination, deterioration, adulteration or counterfeiting.
At the same time, consumers themselves are becoming increasingly demanding, particularly with regard to transparency of production and distribution processes, creating new challenges for producers and distributors.
The multinational Nestlé is the world's largest food producerSo much so that in 2019 it sold more than $ 80 billion in food products in 187 countries, with 403 factories worldwide.
Furthermore, being a key component of the supermarket supply chain, Nestlé must maintain very high standards.
That is why you are investing significant resources in product tracking, and the blockchain is one of the technologies you are implementing.
It has actually been at least a year since the company decided follow this path, to the point that he is a founding member of IBM Food Trust, the SaaS solution that gives users immediate access to data from the food supply chain. Their participation in this area is increasingly intense.
Thanks to distributed ledgers, or real blockchains, the complete history and current location of food products, as well as any other information such as certifications, test data or temperature data, can be easily stored and made public available in seconds once released.
Nestlé's journey with blockchain technology
According Benjamin Dubois, who manages the digital transformation of Nestlé's supply chain, the company analyzed all the other alternative technologies and concluded that there is no other sufficiently flexible technology with the same level of reliability and immutability.
Among other things, Dubois also focuses on decentralized and trustless blockchains, which can assure the final consumer that the data, once registered, has not been modified by anyone. In this way, those who enter the data are obliged to assume full and complete responsibility for its veracity.
In AprilNestlé began using the IBM Food Trust distributed ledgers to track the products of its luxury coffee brand Zoégas, enabling end consumers to scan a QR code to access information on the origins of coffee, where and by whom. he grew it, harvest date and time, shipping certificates, toasting period, etc.
According to Dubois, this is an incredibly complex type of data conveyor belt that provides a complete picture of the journey made by food products.
Although he adds that he does not expect to be able to use similar traceability solutions for each product, he firmly believes that blockchain is a crucial component to continue evolving the company's mission of provide healthy food worldwide.