Nestle Blockchain

Supply Chain & Logistics
Nestle Blockchain header

Nestle Blockchain

Supply Chain & Logistics

Blockchain supply chain transparecy platform

2017
Year of establishment
Active
Status

About

Hi we’re Nestle Blockchain!


Nestle announced its interest in blockchain technology 2nd of July 2019. The food and beverage conglomerate 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.

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.

Use cases

Tracking & Monitoring
Provenance
Traceability

Team

Customers / Partners

Products

Funding

Received funding
N/A
Total amount raised
1
Rounds
N/A
Total amount of investors
Amount Raised
Funding type
Funding round closing
Investors
N/A
IPO

News

Nestlé to use IBM blockchain for traceability of Zoégas coffee

After trialing blockchain for several of its products, Nestlé is now using the IBM Food Trust enterprise blockchain for traceability of its Zoégas coffee brand. The Swiss multinational has partnered with The Rainforest Alliance to certify coffee beans entering its supply chain from farms in South America. Zoégas is a specialized dark roast coffee and has bricks and mortar stores in...


a year ago


Product update/release
Partnership
Nestle Blockchain
IBM Corporation
IBM Blockchain
IBM Food Trust

Nestlé Partners With Rainforest Alliance to Trace Coffee Beans

Nestlé has added its Zoégas coffee brand to the IBM Food Trust blockchain and partnered with the Rainforest Alliance to bolster the coffee’s data traceability.


a year ago


Partnership
Nestle Blockchain
IBM Food Trust

Nestlé Rises to DLT Challenge, Expands IBM Food Trust Blockchain Tool to Coffee

Food retail giant Nestlé keeps bolstering the food industry with blockchain by expanding IBM Food Trust to its coffee brand Zoégas


a year ago


Partnership
Product update/release
Nestle Blockchain
IBM Food Trust

New enterprise blockchain venture capital fund invests in food startup

Venture capital fund LeadBlock Partners has made its first deal, investing in foodtech and blockchain platform Connecting Food. The food traceability startup recently announced contracts with Mondelez, Herta (Nestlé) and Axereal. It has now raised €2.1 million ($2.3 million) in a pre-series A round led by LeadBlock alongside repeat angel investors. London and Paris based LeadBlock invests in early stage...


a year ago


Investment
Partnership
LeadBlock Partners
Connecting Food
Nestle Blockchain

Walmart, Nestle & Other Big Companies Continue Making Blockchain Inroads

Amid the pain points around blockchain as a fledgling technology, skeptics and even some pragmatic proponents sometimes offer the refrain that “blockchain is a solution in search of a problem.” Reasonable people can disagree on that suggestion, but one thing...


a year ago


General news
Walmart Blockchain
Nestle Blockchain