Nestlé is collaborating with OpenSC – a blockchain platform that allows consumers to track their food back to the farm.
OpenSC was founded by WWF-Australia and The Boston Consulting Group Digital Ventures. It 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 Nestlé factories and warehouses in the Middle East. Later, the technology will be tested using palm oil sourced in the Americas. The aim is to enable Nestlé to understand how scalable the system is.
Magdi Batato, executive vice president, head of operations, said, “We want our consumers to make an informed decision on their choice of products – to choose products produced responsibly. Open blockchain technology might allow us to share reliable information with consumers in an accessible way.”