Coca Cola expands Blockchain project for a $ 21 billion
supply network
The IT firm behind the processes of the Coca-Cola bottle
manufacturing supply chain seems to be testing blockchain technology.
A Business Insider report today revealed that Coke One North
America (CONA), the technology company that manages IT operations for the soda
bottlers, is using a blockchain solution developed by German software firm SAP
to Manage your supply chain.
As noted in the report, CONA manages a platform to
monitor multiple franchises that manufacture, bottle and ship about 160,000
orders of Coca-Cola products daily.
With blockchain, CONA expects to reduce the length of
order reconciliation from 50 days to just a few days. A transparent and
distributed organization ledger will provide real-time information on the
transactions made by all the different bottlers in the network, generating more
than $ 21 billion in revenue per year.
SOURCE: Criptotendencia
