Nestlé has announced a blockchain pilot which will allow consumers to track product sustainability and provenance.
The program will start by tracing milk from producers in New Zealand to Nestlé’s factories and warehouses in the Middle East. Nestlé expects to add palm oil sourced in the Americas at a later date.
“We believe it is another important step towards the full disclosure of our supply chains announced by Nestlé in February this year, raising the bar for transparency and responsible production globally,” said a Nestlé representative in a press release.
As a reminder, the blockchain-based IBM Food Trust initiative has been underway since fall 2016, with the first product trials spearheaded by Walmart in China in December 2016. Nestle, for its part, has been engaged in testing the product as of August 2017.