Topic: Coca cola bottlers use Blockchain (Read 511 times)

It seems like companies are only adopting blockchain. The rate at which they make use of blockchain keeps on increasing, every day I see new companies that are making use of the blockchain to make things easier.

Blockchain is indeed the future, there are lots of industries that can make use of blockchain technology to make things fast and easy and avoid spending a lot of days. As for transactions, I think the world is finding it difficult to accept Bitcoin, maybe because of its volatile nature. A time might come when banks will start making use of blockchain for fast international transactions; though I know that's the purpose of having Ripple. Let's see how things how will turn out to be soon.

This is the power of blockchain technology. It's evident that blockchain is going to take over major sector of the world economy as it's currently pushing hard on finance, Coca-cola is an intelligent company.

Nice news, but why are such companies are not announcing this public? I believe that huge companies are using blockchain in different industries, but more importantly they are doing this very silent, without any hype.

We don't know yet until it's going to happen actually, and if this will probably creat a hype for investors the market should recover ultimately before seeing productive results. Great trend should start from an outstanding demand outbreak, that the people should patronize bitcoin as their daily method of payment. The utilization of Coca cola using blockchain is one good example for other businesses who haven't yet tried to implement this thing with their system. Because of this idea, more potential changes might further be improved in the future once this becomes a global standards.

It seems Blockchain is now becoming a trend, it is now being used by big companies and even some countries. If Blockchain began to be used across the world there's a chance that it can drag up the cryptocurrencies as well. If Coca-Cola had acknowledge the utilization of Blockchain, other big companies will eventually use this kind of technology. This could give a hype for investors to place investment and that would definitely be a good cause for Crypto industry.

Always find for the good side of this news, and yes you mentioned regarding to blockchain it will surely drag crypto once those people who will be interested regarding to this system. The chance of adopting not only blockchain but also the crypto currency industry. Good start even it's not directly for crypto but still there's a good side if we are optimistic regarding to this industry.

That is really appreciable work for having blockchain in order to serve their purpose, but this is not any healthy news for the cryptocurrency platform, I think cryptocurrency platform should reform and a set of regulation will bring back to its credibility to the people and in this way, People will use this platform for their own life, But coca-cola is just using the blockchain system for their own purpose, it's true that when Blockchain system will get popularity then people will also use this system and Cryptocurrency will also get popularity in this way, It's really a good issue that such a giant company Coca Cola is using Blockchain system, so the time is not so far where people avail this system for everyday use.

Bitcoin and blockchain technology is really gaining it's popularity all over the world and that makes big companies like Coca-Cola used blockchain technology to manage it's supply chain. With the help of blockchain technology,  everything in their company will be efficient when it comes to making fast and secured transactions. I think in the near future more big companies will be using blockchain technology.

Coca cola company do not want to be late in this kind of technology. Since blockchain system do helps a lot, I know for sure that there decision will lead to success for both to the company and to the blockchain technology field.

Here's a statement from one of the Coca Cola's head;


If it is all about the improvement and development in distribution of their products, this may be the answer for it, saving money with convenient system.

Doesnt care on what would be their main motive but any company does have the freedom on integrating blockchain tech into their operation no matter what the reason behind.

Is this some kind of bullshit that Coca-cola suddenly shifted their focus on? Last year ago I was reading an article that Coca-cola is creating a blockchain for the purposes of weeding out forced labor (slavery) in the world now they have launch a different kind of blockchain one that would just benefit their overall operations. After that article I didn't have any kind of updates regarding their blockchain about that and now the first update we have a blockchain from Coca-cola is a totally different one. Hopefully I'm wrong about this one since we are talking about different Coca-cola companies here.

when we hear companies like coca cola bottles entre technologie of blockchain bitcoin; this is good news . coca cola have lot of followers in all categorie ; use of bitcoin will grow between people of all the world . in the end fast and easy use of money generally ; and coca cola can advertise bitcoin to the world from bottles in the future

Blockchain itself is an amazing technology and the tech and giant companies cannot deny this. They want to get most out of this innovation. Coca cola is a brand. Crypto currencies are just the starting point for blockchain to make its way through the systems of the world. We cannot deny the power of potential coins. We must be open to changes and adapt them as quick as we can for our own success.

I'm not sure if you are aware of what this means, but it has nothing to do with Bitcoin.... it's just the blockchain as technology they apply in a centralized way to be more efficient in what they do.

Overall, I never really saw much of an advantage of blockchain technology over a database, which generally provides more scalability too.... the hype around blockchains has made an empty industry become booming.

The funny part is that databases existed decades before blockchains became a thing yet it's still largely ignored.... this once again shows how poorly most companies have adapted to everything around IT.

Big company Coca Cola have adopt bitcoin as legal currency payment transaction too get benefit with their companies have many part in the world, now we are waiting which one next big companies want to adopt bitcoin and altcoin as legal currency payment, will be competitor of Coca Cola is Pepsi want to use bitcoin as their payment transaction or not.

Huge company like Coca-cola that are using blockchain technology would be great idea because there might be chances that other huge companies could also adopt blockchain technology in the near future for them to be secured and will be having fast transactions.

If it will happen, it could not be harm but a very advantage for us, if one of the famous company in the market will accept blockchain and other cryptocurrency to their bussiness other companies even their rivals will soon adopt the technology too, in order for them to stay on what is new and what is effective and what does their competitor are doing.

As far as I know, the beverage industry is a manufacturing company that processes various raw materials into drinks that are ready for consumption by consumers. Strategic industries with bright prospects to be developed in all countries. In my opinion, the beverage industry is one of the industries that investors are interested in because the market is clear.

The beverage industry is also a labor-intensive industry that absorbs a large workforce and also contributes a large number to a country's economic growth. So that the beverage industry will not become a sunset industry.

Because it is a labor-intensive industry and relies on raw materials in the upstream industry, the mineral industry relies on volume to get a significant margin because the costs of production and distribution are very large. Distribution interest is very impacting on the supply chain and also the company's slow cash flow.

Although it is a multinational company, Coca Cola is also not immune to the problems that occur above. Therefore, the application of blockchain technology is expected to be able to connect broken supply chains quickly and of course more efficiently at lower costs.

Distribution efficiency means accelerating the velocity of money, eliminating the possibility of deadstock, increasing demand, and increasing profits.

 We need more famous brands like coke to spread awareness regarding crypto currencies. The project teams of coins shall approach these brands to run their campaigns. This will make tremendous change in audience. Most of the people are ready to use blockchain technology and famous coins; they are just looking for green signals from people or companies who are already into it. Coke has business all over the world; its involvement is going to increase users.

A great example of how Bitcoin can improve many processes in society. It is clearly shown that blockchain can be used not only in cryptocurrencies, but also to optimize business processes. Those companies that are the first to introduce this technology into their business processes will win against competitors.

This is what I am saying. Bitcoin is not the only thing being popular these days but there is also the technology behind it. I am talking about this to my friend and all they know is what bitcoin can do in the future, they don't think that the Blockchain technology will be relevant in those days. That is why I told them that the Blockchain might survive longer than bitcoin. This is just the start, and I know a lot more companies will be using this technology in the future.

A good start will spark up the success of blockchain being designed for business. more integration like this will helps the popularities
of this system. It will be managed by more and much bigger company, success is the future if being start correctly.

With kinds of this news to spread it will add more awareness and interest from other businesses.

Nice read, basically their blockchain is just a centralized database managed by a separate entity that connects multiple companies that don't want to expose all their data to each other, so they need some middleman to manage that. This system has almost nothing in common with Bitcoin, yet noobs still cheer for it, because they think blockchain = Bitcoin.

your right . they are a big company but its nice to see that they are also following the new trend and that is by adopting the blockchain  . their decsion was right because blockchain tech can indeed help thier company grow more because by using blockchain , all transaction can bee seen by who is in charge  . no one corrupt or manipulate every important data that a company wants to deliver to other branch  . soon , they might also consider using a crypto to partner thier blockchain use

Coca cola big drinking company project where have many branch in the world, almost country have branch for Coca Cola soft drink and now want to adopt bitcoin as transaction payment, they want get transparent payment method with many transaction branch Coca Cola in the world, good respond with Coca Cola want adopt bitcoin as legal currency payment.

cola cola was international company that has best system in their company.by applying blockchain system ,it could create efficiency and reduce operasional cost.for cryptocurrency market it will add community confidence and Faith,there will many projects that will occur and developt new blockchain version so more giant company will adopt this technology.
Overall blockchain technology will bring positive impact to any company or projects it self.

The thing is that we now knew that blockchain isn't about cryptocurrencies but rather it is more than that. It could help the company to solve real life issues. Blockchain being used to process things much faster like orders especially internationally, it would promote innovation. What the Coca Cola had been doing helps the blockchain and the cryptocurrencies gain popularity since no company own Bitcoin then there are no people who are eager to do advertisements like the massive ones hence news about a big company using blockchain technology does already a huge favor in the crytpoworld for it to be known and trusted even a little that it is not a scam even if it doesn't take a physical form like fiat.

Imagine how much powerful Coca Cola is and how much they can inspire companies for initiating this kind of concept that they will develop to help their company to reduce time consumption in doing work which can lessen the error.

Once it has started, the power of their company to say this good news to everyone can influence and will help blockchain technology to adopt and as well as cryptocurrency to become famous too.

These are companies that you can really see that they are matured, at least they have been able to use Blockchain technology to solve a solution to a particular challenge that they have without having to create a cryptocurrency, wherein companies like coke are really the ones that will have a very successful cryptocurrency if they consider one because they have product that is being used by many people worldwide.

The happy thing about coca cola acceptance of using  Blockchain  is that it will also help spread the news being a very popular company, and other companies will begin to work towards that too which this is how we will eventually have a Blockchain running companies, and could also lead to the awareness of bitcoin also as the crypto project out of blockchain.

This is nothing too new. This is just the distribution agent of Coca Cola and like other businesses that are using blockchain technology.
Currently, blockchain technology is being tried in agricultural model and even real estate. We can see that the Blockchain Virus is spreading very fast and that is what we should pay attention to.
Hopefully in the future there will be a business about setting up and upgrading blockchain technology, I will definitely all in 

There will be a lot more companies and manufacturers who will use blockchain, it is just simply the best way of keeping data and there is no better database than a blockchain.

It will start with cars I think, there are technologically sound electric cars right now that can do many many miles with the electricity they get instead of old hybrid ones that had 40 miles electric then gas like normal car but the technology improved with Tesla and those could have a blockchain number added to them so that it would be easier to collectively find problems and which cars should be returned and who it belongs to and what kind of warnings there is required. That way cars would be easily called or giving warnings etc and there would be easily solved instead of databases they use right now.

Just read the article, seems to be that these bottlers are actually using blockchain to allow difficult franchises operating under the Coca Cola banners to essentially share resources (for a fee).

This could be an amazing invention if its allows cross collaboration between different industries.

Old companies that are having a hard time on tracking their production orders should just follow this kind of idea. The only problem is they are afraid or maybe they don't the time to try it. Someday another company that produces the same product would acknowledge using blockchain and the moment the old ones realize they are being left behind will already be too late to catch up. Let's set the Nokia company and example, they are just keep producing and never tried the new things leaving them in what they are now, a reminder for the big companies out there.

Since blockchain will provide them much easier job and can lessen their operating and managing cost they see and want to consider blockchain importance, if only all of those countries will adopt crypto as payment like in Walmart and Coca cola, many who are not aware in BTC or crypto will get idea and can be curious about it. Maybe sooner when regulations and governments don't see it a threat and more as a helpful tool then crypto adoption will be see in big companies.

It could be that it is the cool thing to do:

(https://www.techrepublic.com/article/5-companies-using-blockchain-to-drive-their-supply-chain/)

1. Walmart
2. Maersk
3. British Airways
4. UPS
5. FedEx

So as we can see those companies are going to use this technology, for transparency. We might see some some industry standards here specially if we see more adoption of blockchain in the future. But I'm not sure though if they are going to used crypto here, they just wanted to use blockchain to improved their process and of course save money and improved their efficiency.

Coca cola want adopt bitcoina s currency payment to get faster currency if using bitcoin as payment than using cash money, they have many part Coca Cola in the world and make bitcoin as currency payment give easy way how to sent their money with bitcoin as currency, without use bitcoin maybe they take much time for sending money.

Correct, I should extend my apologies for having thought that corruption is monopolized by the government alone. I forgot private companies, local or international, big or small, have also their own corruption issues within. Blockchain will somehow address that with a transparent ledger that is available to each and every stakeholder and even the entire public.

By the way, does Coca-cola still add coca to their products? I thought it was already stopped decades ago.

This brings fast and convenient ways of dealing product transactions most especially with payment system. The issue about corruption was rampant on several shipment deliveries, and it's undeniable due to logistics concern which cannot be stopped. Blockchain will provide the transparency and efficiency of coca processing particular on product output and customer satisfaction.

Basically, the use of blockchain technology by this company is not for the reduction of cost, nor the avoidance of corruption, but for the quantity information to be available to all the franchises and other clients to keep track in real time the amount that is being shipped. This is really efficient as compared to other online real-time database that could be screened or censored or risking certain information in cross-border shipping transactions.

this is good news coa cola is a fairly large beverage company in the world. if coca cola adopts blockchain into its company this can encourage other companies to also use blcockhain. using blockchain will make transactions more secure, fast, effective and transparent. and the use of blockchain can prevent us from corruption and can also reduce transaction costs.

yes you are right with the use of blockchain it will encourage to also use cryptocurrency as a means of payment. and if more companies accept bitcoin and altcoin as a means of payment. then bitcoin is headed for mass adoption and this will make bitcoin demand increase and in the end can make bitcoin prices more expensive.

"The Blockchain" has become the new trend and the "cool" thing to do, if you are on the cutting end of new technologies, so it is no surprise that

the biggest soda manufacturer in the world would try and get the edge over their competition by including the latest technology in their IT systems.

It is just a pity that these guys are only interested in the Blockchain and not in using the Bitcoin token.    It would have been great for Bitcoin if

they added Bitcoin (BTC) payments to their suppliers and distributors and also to the retailers to boost their financial systems. (Tracking payments

for more transparency) 

It's great to know that big companies like Coca-cola is adopting blockchain technologies because there assets will be more secured and it will be convenient for them to make transactions business to business. I think it will be much better if Coca-cola and other big companies will start to accept bitcoin or other cryptocurrencies as payment because it will help be huge help for bitcoin to grow it's value.

That's great, it should be.
A business is simply obliged to use blockchain technology, because it optimizes a lot of business processes while saving a huge amount of money,

and also making everything significantly more secure because it is a blockchain.
I would like to collect the statistics of companies that were not afraid to keep pace with the times and implement such useful technology in their businesses.

Coca Cola want adopt blockchain as their distribution payment, the coca cola owner want to get transparent payment by using bitcoin and altcoin as legal payment transaction. Coca cola big company if really true for adopting blockhcain for their payment make bitcoin grow up and keep higher price later, nice waiting for when Coca cola want use bitcoin as blockchain payment.

Here is the full text if anyone is interested:
https://justpaste.it/2sj5d

I won't paste is here since it's pretty long but it tells how and why the technology was adopted:

Contrary to what people here are posting probably because for most blockchain means only coins and trade, it's not about transactions it's about communicating inventories and maintaining a flux in distribution.


Quite ironic is that efficiency will come through the blockchain by centralizing data , and a centralized chain of command will be more efficient than a decentralized one currently in use.
Anyhow, I wonder how they managed to stay in business when they waited for years to solve problems like the ones highlighted.

yes you are right by using blockchain technology all work can be done more efficiently, effectively and safely. and news shows that blockchain technology is heading for mass adoption. I am optimistic that in the future companies and industries will increasingly use blockchain technology. not everyone can accept bitcoin but I'm sure almost everyone wants to accept the blockchain as a new breakthrough in technology.

There is global need for technology to do big things that hasn't been achieved by the traditional system. Already several large scale companies have implemented the blockchain technology into their system. Now Coca-Cola using it adds more value to the technology.

When something has got more efficiency automatically the growth through the same will be big, and in such a way is the adoption happening. Till date we could've found the technology being used on other processes, now this into the core process gives it various dimension of usage which weren't known by the people.

What's good about this is that Coca-Cola is large manufacturer (not just some company that sell software) and if their blockchain would become successful then that would encourage other manufacturing companies to try blockchain of their own. Which could make product distribution more efficient and possibly even cheap (in Coca-cola's case it'll be mostly with the orders).

Currently they do have some problems with distribution. We get our's from intermediaries and many times the products we are ordering is out of stock and it's taking some time for them to be distributed from the factory.

No more traffic in transaction though how they would handle loads of transactions. It seems they would be receiving over loaded of transaction, thus, new facilities and employees must be added. Convenient it is, well, proud of them that they now see the essence of blockchain in business and they have quite a big name in the industry as well. I think blockchain technology will be going all around the world, as other companies maybe are waiting for someone to start, fear wall has been open.

Coca - Cola have announce for adoption bitcoin as their payment partner, Coca - cola have try for adopting bitcoin and altcoin as transaction payment to know with their costumer payment and how service giving the government store, hope government keep trusted with Coca - cola water become asset a while in your life because I have go for several days later.

blockchain technology will still be monitored by workers because all of the input data chains are numerous ,workers will be divided into different tasks but still in the same space ,this technology simplifies and minimizes the level of corruption so it is very good for company development ,we not to make people unemployed too there is still plenty of room to work in this company

It's one of the disadvantages of crypto adoptions. Yes, it could definitely replace manpower but it could also make tasks faster and more convenient which would benefit huge companies just like Cocacola. It will also have a good impact on crypto which will be beneficial for most users. Let's look at the positive side of crypto adoption first because it has lots of advantages rather than its negative effects.

For most of us, we will feel pity for those employees, as they might reduced their employee, but the thing is, it is not happening yet, so let's not think too advance, maybe they will just reduce the cost for overtime, and reduce the workload of employees, as we all know that there's a high turnover of employees these years in a company due to overworked and can't even rest at work due to stressing and toxic work, let's just stay positive about it.

One of the reason why blockchain is really beneficial to companies. It's not only about cryptocurrency but blockchain technology can be use in different field. We just have to maximize its use. And I think it's now starting for more adoption of blockchain technology in various field and country, which is good since they're now seeing its importance.


Indeed it can affect worker and employees when more companies will adopt this technology. We've ben hearing this, if one day people will have to compete with AI, especially with these kind of things. But right now, I don't see it as a risk yet since there are still a lot of things that only hhumans can do and not technologies.

Times without number we all know that blockchain is the technology of the future. It might not solve the entire problem because the complexities that surrounds an organisation routine activities especially companies whose activities cut across countries and continents and with several plants across the world couple with the quest for one centralised location in other to ensure uniformity of quality across board, then blockchain at the moment is the solution. Its no surprise that companies are beginning to see the possibility that this could bring to them and the cost reduction which is the ultimate goal of every company makes it a coveted piece of technology. The two companies mentioned here could bring about a sizeable change considering SAP cliente and consumers that coke reaches on a daily basis.

There is no doubt that the job market will evolve with change in technology but implementation of AI and robots will reduce the number of jobs available in the market too and it is a fact, technology will improve the accuracy level in the job industry and all the companies will be looking to automate their jobs with much lesser work force than they used to have.
Blockchain implementation will have some clarity and reduce the cost in the industry and many companies are doing research and how effective they can use the system and we will see more implementation in the coming years.

Blockchain technology will definitely help big companies like coca-cola, I am very thrilled to know this information.
If big companies use it, small businesses will consider also.

I think it's still too far, what the company needs is how to make the business work efficiently and they will look at the technologies that can make it happen, volatile crypto will make their income and expenses change according to the price of crypto they use in their company.
Blockchain will be a technology that has been adopted by many companies first, while for crypto it takes more time to prove that crypto can make their business better.

I just hope that this fact will change the general perception regarding the block chain system which the government is always recognize as an anonymous ways of transaction which actually is not true at all except those anonymous coin that are initially designed that way.
The fact that block chain could be benifical in term of efficiency and transparency for various sectors is also one of thing that hopefully trigger the development and implementation of block chain system into certain company and will prove that the system is robust.

Well there is a research out there that saying the use of AI or machine will surely replace some of the repetitive jobs however it will create new jobs as well.

Its possible but just like what you have said, its good because it can have a huge impact on the decision of other companies because they usually depends on how it can affect the company if they think that it has good effects then I think they will also change their mind when it comes to blockchain maybe they have finally realized its potentialities and capabilities. Of course Coca-cola has good reputation and since they have already use blockchain, it means its possible that in the future they will also adopt cryptocurrency and use it as a payment method which is also convenient.

I hope you understand the definition of efficiency. Machines and computers are more efficient than humans.
Blockchain technology can lessen the workload in the production floor. So, what do you think will most likely to happen to the employees who has lesser workload than what's supposed to be thei job?

We need more of this blockchain applications especially coming from known companies.Coca cola set the example how blockchain  technology is utilized in their businesses. Agree @ecnalubma that may businesses are testing and deploying blockchain technology, some are publicized but most are silently exploring and innovating this new technology.

The smart Coca Cola selects the blockchain to regulate its traffic. News like this can help other industries to be interested in trying to regulate their production with the blockchain.
And this makes the Crypto society more useful if the blockchain is used outside of this cryptocurrency. Because the blockchain is cheaper, efficient and certainly transparent which makes it suitable for use in any platform.

Oh well, what do you expect, this are big companies and obviously plays a lot of data. And we all know that blockchain is really design to data efficiently so it's a win-win situation for Coca-Cola here.

And I will not be surprised if supply chain management and logistics company are going to be one day replacing their legacy system with blockchain because it's the right thing to do. I mean all the data in your hand to make business decisions in at instant that can spell doom or success of the companies. There are so many advantages of blockchain that the list can go on and on though.

this can be good news because more companies have started using blockchain to provide one of the best solutions and hopefully this can have a good effect on being able to make cryptocurrency prices rise in price because the use of cryptocurrency will definitely increase when many companies use blockchain technology .

Agree. With this type of news  more and more bigger companies will be aware regarding to the existence of this system, making them to adopt and not only to look that blockchain is only crypto but also a system that will be helpful to any business types that they've got.

Coca-cola bottlers will serve as a good example where blockchain can really be explore and be very useful to business sectors.

Nice to see big companies adopting blockchain technology in their operations, they are doing the right thing by applying the technology it will also boost their productivity and cost effective as well. I believe that more companies are already adopting the tech but unreported.

There are many companies that use the blockchain technology and many are doing intensive research on it for years and many billion dollar companies have developed blockchain according to their vision and business and you will see many companies implementing these technologies in the coming years, either they develop themselves or use an existing blockchain developed by these major companies. Even Visa, Citigroup and Signature Bank are developing blockchain of their own and there is a major adoption coming in the coming years.

They are now embracing the blockchain, what's next to this? are they going to accept crypto?

I hope so because it's not far that it will happen since crypto is popular and they are benefiting the blockchain created by crypto.
Coca cola then will be part of our daily transaction using crypto if in the event they will be able to attract crypto users to buy their product, this is what we visualize that even for small daily expenses, it can be done using your crypto.

So the advantages of the Blockchain system are getting accepted around the world and it's spreading out throughout every organization day by day. when Coca Cola has taken this initiative then this system will get adopted another organization very soon. I think it's just a matter of time for the moment when the blockchain system will use at every corner of the world, in this way, Cryptocurrency will be also available around the world and this will be the main monetary system for the future purpose, I have a belief that Blockchain and cryptocurrency both will dominate in the coming days for sure.

Another good news though. We might be able indeed to experienced a good fortune from here now on that big companies such as Coca-cola starts to adopt blockchain technology. Best decision I guess? They might be able influenced other companies. It will be all going around either BTC or they might create their own crypto, however still not definite.

Coca cola joins the party of good decision makers, Just like walmart! Next on their list should be adoption of BTC as mode of payment in their stores. It is a given that Blockchain tech could give out pros in business processes but it isn't much noticed because of the lack of professionals in the field that could be hired by companies. Although now that a lot are surfacing, a lot of countries and companies are now focusing on it. Just look at how China and the FED started rushing research for blockchain technology.

then what about this statement, "There is a number of inefficient cross-company and multiparty transactions. They passed a number of intermediaries; and this is very slow. We feel that we can overcome this problem and save more money of course." several intermediaries to check and verify each shipment. and said again it will save more costs. so there are other companies as intermediaries. and the coca cola bottle company chose to use the blockchain. and does not need an intermediary. this is only one company, what if those who work with intermediaries, all move on the blockchain.

With the words used by the article, CONA seem to just plan to start their blockchain-related technology. But it's still a good sign of adoption to blockchain, not bitcoin however. This just represents one of the many use cases blockchain could be used in a variety of services and usage, and is not only restricted to handling transaction data. The blockchain framework is flexible and the only limit to its functionality is based on the imagination and conceptualization of the collaborative minds of developers.

This is interesting. Blockchain technology can help many other industries or agriculture as well. But we still need to understand more about it because in our country, using blockchain technology for real estate transactions is difficult and has a lot of obstacles. Blockchain technology is amazing and it can really change the world if you know how to use it.

Not literally manual calculations without the use of computers or any machines, but It needs people to operate the calculations as well as auditors to validate the number of productions. With blockchain technology it will eliminate the use of auditors since everything is transparent.


You might be right, but I'm holding on to beliefs that with the rise of modern computers and innovative technologies through businesses, it will reduce the function of manpower specifically in the production floor.

That's actually nice but I think in the next 6+ years if Blockchain and Bitcoin keep this pace of fast development maybe they will make a ColaCoin , that would be even smarter from them.

We know that Coca-Cola is an important brand with world-wide operation and they're income based on this is huge every year so making a step towards Blockchain is right now the smartest move they could have done as this its both a promo and a step forward into the latest technology.

I think it's cool that Coke's bottlers are getting some use out of blockchain tech, but I'd much rather see them accepting bitcoin at vending machines and for their online store (which has many cool items, by the way).  I get much less excited about blockchain stuff than I do about bitcoin.

Still, this is a real world use of the technology and that's important.  I'm not sure there have been all that many examples in the 10 years bitcoin has existed, and this is in the face of all the questions and speculation of how blockchain is going to change the world.  I'm not sure that it's even changing this Coca-Cola bottler in a super important way, but at least there's some concrete adoption here.  Thanks for posting the link, op.

This will be a big help in crypto industry too, and now that Coca cola started this footsteps and once become successful which is for sure it will, then the rest big companies will follow this footsteps. This will help improve and make the work more efficient and less human error, it may also reduce the work cost for people.

Less employments, maybe no, still, needs a lot of employed one to handle things, and big company, there is too much work overload, my friend has worked in Coca cola but he resigned due to overload work which causes him so much stress.

I don't think it is going to affect the number of manpower. In fact, it might do the contrary. This step might even add manpower to the company because with this, they will surely hire blockchain-competent staff that will implement and oversee the implementation as well as operation of this new adoption. Before adopting blockchain, I don't think the calculations done in the bottling plants are done manually. This is just an addition for more efficiency and transparency.

This is already a proven fact: Blockchain technology can enhance and greatly improve the supply chain management of any company or business. Good to see that even a Coca-Cola business is now utilizing the blockchain technology for the same purpose. Just one of the many good and successful stories of how the blockchain technology can be adopted and modified to suit a business' situation and need. And we should not be wondering why China's President Xi Jinping specifically ordered the exploration and wide acceptance of this technology across many industries in that country. So from now on every time we are drinking Coke, know for sure that it comes to your hands while using the benefits of the blockchain technology. But where is Bitcoin? Ahh, the one holding the coke must be using his Bitcoin to pay the drink, using the LN network.

yes guys, you are right it will reduce employees (in the task of recording) but every day, the progress of world technology is getting faster. and to overcome that, the coca cola bottle company must take quick steps too. so as not to be slow. and adopting blockchain technology is one of the best steps. I hope other companies use blockchain soon.

That's a smart move from Coca Cola adapting the latest technology to improve efficiency and transparency. No more manual calculations everything will be recorded in the blockchain and it's more than reliable result.
What I can see as a disadvantage from developing this technology through various kinds of businesses is the possibility of less employments of manpower.

Okey guys, I will add your link above ... because indeed it is forcing readers to signup / signin ... thanks.

Please link an article that people are able to see without being forced to sign up/pay a fee to read. Here is one (I'd recommend editing your main thread for it) -

https://cointelegraph.com/news/coca-cola-using-blockchain-for-21-billion-per-year-network#:~:targetText=Coca%20Cola%20Using%20Blockchain%20for%20%2421%2DBillion%2DPer%2DYear,manage%20their%20cross%2Dparty%20transactions.&targetText=Coca%20Cola's%20bottlers%20are%20implementing%20blockchain,manage%20their%20cross%2Dparty%20transactions.

These guys sound very smart and open-minded, I appreciate them being able to see the use cases of blockchain technology, it's actually pretty rare to find big companies be open to change.

Our coming years are going to be very huge, can't wait for what companies want to innovate next!

https://www.businessinsider.com/coca-cola-bottlers-sap-scaling-up-a-major-blockchain-project-2019-10?r=US&IR=T

https://cointelegraph.com/news/coca-cola-using-blockchain-for-21-billion-per-year-network

Coca Cola bottles use blockchain technology to manage their cross-party transactions.

A report from Business Insider today November 5, 2019 reveals that Coke One North America (CONA) - a technology company that manages IT operations for bottling soda coca cola - uses blockchain technology developed by the German software company SAP to manage its supply chain.

Able to Manage 160,000 Orders Per Day
CONA was assigned to manage a platform as a watchdog for several franchises that produce, ship bottles, and ship 160,000 orders for Coca-Cola products every day. Andrei Semenov, senior manager at CONA, told Business Insider:

"There are a number of inefficient cross-company and multiparty transactions. They passed a number of intermediaries; and this is very slow. We feel that we can overcome this problem and save more money of course. "

With the blockchain, CONA hopes to reduce the duration of order reconciliation from 50 days to just a few days. Ledgers that are distributed across organizations and transparently will provide real-time insight into transactions carried out by all the different bottlers in the network, which generate revenues of more than 21 billion US dollars per year.

yes, everything will be faster and easier for calculations and transactions if it uses a blockchain. more transparent and efficient.