Blockchain technology is rapidly becoming a transformative solution across various industries globally. Leading corporations are recognizing its potential to enhance supply chain operations significantly. Listen to this letter from rmin Nehzat, Digital Technology Manager, Nestlé Oceania, to AWS. “Transparency in supply chains is increasingly important to consumers, who want to know what is in their food and where it comes from. While Nestlé has begun to release information on its supply chains for its 15 key commodities, using blockchain technology enables more precise tracking. With Amazon Managed Blockchain, we are able to set up our Hyperledger Fabric network and easily invite our partners to collaborate in our supply chain transparency efforts.

Amazon Managed Blockchain will enable our customers to track their products on the blockchain from the farm all the way through to consumption.”

Nestlé leverages blockchain technology to trace the origins of its Rainforest Alliance-certified coffee brand, ensuring adherence to sustainable farming practices. Consumers can scan a QR code on the packaging to access real-time information about the farmers, harvest times, roasting periods, and transaction certificates for their specific coffee shipment.

Walmart, the American multinational retail corporation, has also adopted blockchain to digitally transform its supply chain and expedite the tracking of food contamination sources. Walmart mandates that all suppliers of leafy green vegetables upload data onto a blockchain, enabling real-time tracking of produce back to its farm of origin. In the event of batch contamination, this technology allows Walmart to trace contaminated food within seconds, a significant improvement over the weeks-long manual process, proving invaluable during product recalls.