10 Companies Using Blockchain Technology for Sustainable Supply Chain (2024)

This morning, I decided to follow up on my previous article, How Could Blockchain Technology Drive a More Sustainable Supply Chain?

Companies all around the world have started to actively use the blockchain to create a more sustainable supply chain system; what I find most interesting is that major players in almost every industry seem to be finding new ways to use the innovative technology.

Here are just a small number of examples:

1. Walmart: In 2018, Walmart announced a partnership with IBM to use blockchain technology to improve the traceability of its food supply chain. The system allows for the tracking of food products from the farm to the store shelf, enabling quicker and more accurate identification of contaminated products. This not only promotes food safety but also reduces food waste by ensuring that only the affected products are recalled rather than entire batches.
2. Coca-Cola: In 2019, Coca-Cola announced that it would be using blockchain technology to improve transparency and sustainability in its supply chain. The company has partnered with the US State Department and three blockchain firms to create a secure registry of workers in its bottling plants in the Philippines. The system is designed to prevent human rights abuses and promote…