Coca-Cola uses the blockchain to combat forced labour

Coca-Cola announced the launch of a project to combat forced labour. It will participate in the US Department of state, and two third-party company. The main feature of the project is the use of the blockchain.

The prospects of the blockchain technology

According to representatives of the state Department, the idea will be the first major project of the government in the social sphere in the activation of the blockchain, according to RBC. Its implementation will reduce pressure on food producers. They are required to eliminate the risks of forced labour. It is especially popular in countries where get sugar cane.

A study released by the American organization Humanity United, showed that most of the companies involved in the food and drinks, can not cope with the solution of this problem.

To solve the problem require a commitment. Guide Coca-Cola has promised to conduct studies on the use of forced labor by 2020.

According to the organization, in the world in this conditions has about 25 million people. The blockchain will increase the transparency of labor. The registry staff will have key information about them, and labor contracts. Data protection will be borne by the electronic notary services.

To create a platform Coca-Cola will cooperate with BitFury Group. The cost of guidance services is not disclosed.

Subscribe to our channel in the Telegram. Readers go to Lambach, even in Uber.

0 Comments on “Coca-Cola uses the blockchain to combat forced labour”

  1. Spot on with this write up, I must say i believe this excellent website needs much more consideration I’ll probably be once again to learn a great deal more, many thanks that information

Leave a Reply

Your email address will not be published. Required fields are marked *