Tuesday, November 10, 2026
LabelsNestlé breaks new ground with open blockchain pilot

Nestlé breaks new ground with open blockchain pilot

-

Nestlé breaks new ground with open blockchain pilot

-

Nestlé will break new ground in supply chain transparency through a collaboration with OpenSC – an innovative blockchain platform that allows consumers to track their food right back to the farm. Through this collaboration, Nestlé becomes the first major food and beverage company to announce that it will pilot open blockchain technology in this way. This is part of Nestlé’s journey towards full transparency.

- Advertisement -

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 Nestlé factories and warehouses in the Middle East. Later, the technology will be tested using palm oil sourced in the Americas. These pilots will allow Nestlé to understand how scalable the system is.

Magdi Batato, executive vice president, head of operations, Nestlé S.A. 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.”

Nestlé 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 purée in France.

“This open blockchain technology will allow anyone, anywhere in the world to assess our responsible sourcing facts and figures,” said Benjamin Ware, global head of responsible sourcing, Nestlé S.A. “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.”

NewsDesk
NewsDesk
The editorial team of The Packman who handle all the press releases with Sunil Jain working as the desk editor.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Latest news

Holostik wins five awards at LMAI Label Awards 2026

Holostik India, a provider of anti-counterfeiting, brand protection and security packaging solutions, has won five accolades across categories covering...

Any Graphics celebrates a big night at LMAI National Awards 2026

With nine winner titles and two runner-up positions at the LMAI Heidelberg-Gallus Label Awards 2026, Any Graphics emerged as...

Cosmo First reports higher EBITDA in Q2 FY27 on volume and specialty sales growth

Cosmo First has reported higher EBITDA for the second quarter of FY27, the quarter ended September 2026. The company...

Ester Industries posts Q2 FY27 consolidated income of INR 449 crore, up 25.7%

Ester Industries, a manufacturer of polyester films and specialty polymers, reported a 25.7% year-on-year increase in consolidated total income...
- Advertisement -spot_img

Miraclon introduces Flexcel Prime plates at LOUPE India 2026

At LOUPE India 2026, Miraclon showcased Flexcel Prime, its new-generation flexographic plate, while highlighting its broader focus on helping...

SG Edge targets growing shrink sleeve market with high-speed converting solutions

At LOUPE India 2026, SG Edge showcased a range of post-print converting equipment, led by PVC shrink sleeve seaming...

Must read

Avantika Printers diversifies into labels with Epson digital press

Avantika Printers is expanding beyond commercial printing into the...

Kodak enables Creative Freedom for brands, designers, printers & converters with CIJ

Kodak announces the introduction of the new Kodak PROSPER...

You might also likeRELATED
Recommended to you