After IBM and Alyx Fashion, now the food retail giant Nestlé has also announced to implement a blockchain-based supply chain to track its product. The company is partnering with OpenSC for this pilot project. OpenSC is a blockchain platform developed by WWF-Australia and BCG Digital Ventures.

Nestlé is the first major food and beverage company to initiate the blockchain technology in this manner. The OpenSC platform will give people access to verify the sourcing and sustainability of the products. The initial project will track the milk farms, producers in New Zealand, the firm’s factories, and warehouses located in the Middle East. The company also intends to check the sourcing of palm oil in the American Continent.

The pilot project aims to see the scalability of the system. It will also allow anyone across the world to check the sourcing facts and figures. Earlier in June, Lady Gaga’s fashion label Alyx also implemented a blockchain in its supply chain. It intended to improve the transparency of the supply chain.