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Coca-Cola Together with the U.S. State Dept to Fight Forced Labor using Blockchain

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Post by Vladdirescu Wed Mar 21, 2018 2:19 am

Coca-Cola Co., in collaboration with the U.S. State Dept and several other companies, is designing a blockchain-based fintech system, ensuring a secure registry for workers that will assist in the campaign against forced labor around all parts of the world.

“We are partnering with the pilot of this project to further increase transparency and efficiency of the verification process related to labor policies within our supply chain,” - Brent Wilton, the Coca-Cola company’s global head of workplace rights, informed Reuters.

It has recently been revealed that a U.S. tech company, the Bitfury Group, will become the main developer of this project together with Emercoin, as Bitfury Chief Executive Valery Vavilov and Emercoin Chief Technology Officer Oleg Khovayko reported on Friday, March 16.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/coca-cola-to-fight-forced-labor/

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