Partnering with OpenSC, Nestlé will be able to offer verified product sourcing and sustainability information to customers.
Initially, the pilot will focus on tracing milk from producers in New Zealand to factories and warehouses in the Middle East.
Later, the technology will be used to track palm oil sourced in the Americas.
“We want our consumers to make an informed decision on their choice of products – to choose products produced responsibly,” explained Magdi Batato, Executive Vice President, Head of Operations, Nestlé S.A.
“Open blockchain technology might allow us to share reliable information with consumers in an accessible way.”
Nestlé has experimented with blockchain technology since 2017, working primarily with the IBM Food Trust.
“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."