Create a FREE account and...
Manage your own Watchlist
Access all education lessons
Converse with other crypto enthusiasts
Be a part of the Interactive Crypto Community
OR
Please fill out the required fields Please fill out the required fields Please fill out the required fields
Get Into Cryptocurrency Trading Today
With there being a recent boom and interest in blockchain technology for mainstream corporations and institutions, there has been a lot of questions about their level of adoption. Many of these institutions are still very much in the experimental stage, but there are those looking to take it one step further.
One such institution is Nestle, the world’s biggest food producers. They were a founding member of IBM’s food trust blockchain initiative for the tracking and tracing of food in the supply chain. However, they have looked to advance to public blockchain.
However, this venture into the new technology has not been a simple one as the company has admitted in a recent interview. Nestle has said that, even as a massive multi-national corporation that they have had to adopt a start-up mindset in order to adjust and implement the technology, even at a large scale.
Insights into the retailer’s blockchain development work were revealed by Nestlé Digital Technology Manager Armin Nehzat in an interview with TechWire Asia.
That being said, Nestle have been doing a good job in the advancement of blockchain on an enterprise scale. Last month, Nestlé Australia’s Chain of Origin” initiative to implement blockchain technology for supply chain management was nominated for a digital transformation award by United States-based market intelligence firm, the International Data Corporation (IDC).
Yet, Nehzat admits that the project has been far more challenging than many other digital innovation plans.
“It has been testing how quickly we can move as an organization to completely review how we do business. From sourcing products at the micro lot level, all the way through to tracking products individually to the end consumers. We are looking to see how this could scale to other product offers. So I guess it’s more of a long term journey than a short term bet,” he said.
More so, the difficulty also comes in the broad appeal of blockchain. Because it can be directed at so many different areas, the use of the technology becomes about finding what customers need.
“Curiosity in data & insights is more important than funding when it comes to digital transformation,” added Nehzat
According to Nehzat, the biggest challenge to digital transformation will always be working with consumer insights. However, much of Nestlé’s success with technology and innovation is a result of its intense focus on customers.
“People think digital maturity is being able to use buzzwords like''blockchain ``. The reality is that you always need to think about what value it adds to the consumer,” he added. “We believe that blockchain is the enabler for organizations like Nestlé to deliver supply chain transparency but the ultimate value is ensuring freshness to consumers.”
Hey there, if you’ve been following the crypto space, you’ve likely seen Bitcoin’s price soaring to $103,839 as of June 8, 2025. B
June 8, 2025 | Joanna Newman
What Happened in Zimbabwe—and Why You Should Care
June 8, 2025 | Joanna Newman
Hey there, if you’ve been watching the crypto markets lately, you’ve probably noticed some turbulence. But what’s happening in Sin
June 8, 2025 | Joanna Newman
Singapore’s Regulatory Storm: What’s Going On?
June 8, 2025 | Joanna Newman
Create a FREE account and......
Manage your own Watchlist
Access all education lessons
Converse with other crypto enthusiasts
Be a part of the Interactive Crypto Community
ALL
TRENDING
WATCHLIST
Total Market Cap The Total Market Capitalization (Market Cap) is an indicator that measures the size of all the cryptocurrencies.It’s the total market value of all the cryptocurrencies' circulating supply: so it’s the total value of all the coins that have been mined.
{[{ marketcap }]} {[{ marketcapchange.toLocaleString(undefined, {maximumFractionDigits:2}) }]}% (24H) {[{ marketcapchange.toLocaleString(undefined, {maximumFractionDigits:2}) }]}% (24H)
Symbol
Price Cryptocurrency prices are volatile, and the prices change all the time. We are collecting all the data from several exchanges to provide the most accurate price available.
24H Cryptocurrency prices are volatile… The 24h % change is the difference between the current price and the price24 hours ago.
Trade
{[{ item.name }]}
{[{ index + $index}]}
{[{ item.pair.split('_')[0] }]}
Ƀ{[{item.price.toLocaleString(undefined, {maximumFractionDigits: 5}) }]} ${[{item.price.toLocaleString(undefined, {maximumFractionDigits: 5}) }]}
{[{ item.change24.toLocaleString(undefined, {maximumFractionDigits: 2}) }]}%
{[{ item.change24.toLocaleString(undefined, {maximumFractionDigits: 2}) }]}%
Symbol
Price Cryptocurrency prices are volatile, and the prices change all the time. We are collecting allthe data fromseveral exchanges to provide the most accurate price available.
24H Cryptocurrency prices are volatile… The 24h % change is the difference between the current priceand the price24 hours ago.
Trade
{[{ item.name }]}
{[{ index + $index}]}
{[{ item.pair.split('_')[0] }]}
Ƀ{[{item.price.toLocaleString(undefined, {maximumFractionDigits: 5}) }]} ${[{item.price.toLocaleString(undefined, {maximumFractionDigits: 5}) }]}
{[{ item.change24.toLocaleString(undefined, {maximumFractionDigits: 2}) }]}%
{[{ item.change24.toLocaleString(undefined, {maximumFractionDigits: 2}) }]}%
Ethereum at Risk: Could $2,300 Support Break Send ETH to $1,800?
June 8, 2025 | Joanna Newman
XRP’s Legal Battle Could Send Prices Soaring—Are You Prepared?
June 8, 2025 | Joanna Newman
Bitcoin to $150K by 2025—Is This the Next Big Crypto Surge?
June 8, 2025 | Joanna Newman
Breaking: Zimbabwe’s Crypto Scandal Could Shake Bitcoin Trust—Here’s Why
June 8, 2025 | Joanna Newman
Tezos (XTZ) Review 2024: Everything You Need to Know Before Buying Tezos
.article-container { font-family: Arial, sans-serif; line-height: 1.6; color: #333; backgrou...
Chromia (CHR) Review 2024: Everything You Need to Know Before Buying Chromia
Illuvium (ILV) Review 2024: Everything You Need to Know Before Buying Illuvium
My Neighbor Alice (ALICE) Review 2024: Everything You Need to Know Before Buying My Neighbor Alice
Star Atlas (ATLAS) Review 2024: Everything You Need to Know Before Buying Star Atlas
OQtima
Oqtima is an emerging online trading platform that offers a wide range of financial instruments, inc...
Saxo
Saxo Bank is a leading global online broker offering a wide range of financial instruments, includin...
FXCC
.article-container { font-family: Arial, sans-serif; line-height: 1.6; color: #333; background-c...
Quadcode Markets
Quadcode Markets is an online brokerage offering a wide range of financial instruments, including fo...
Trading 212
Trading 212 is a popular online broker offering a range of financial products including stocks, ETFs...
(adsbygoogle = window.adsbygoogle || []).push({}); Introduction In t...
(adsbygoogle = window.adsbygoogle || []).push({}); Einführung Wenn es um Er...
Mobi
Are you someone who makes international payments regularly using Bitcoin? Or do you travel a lot and...
Bitcoin.com
Bitcoin.com is a free downloadable Bitcoin wallet that allows users to trade and receive Bitcoins. T...
BTC.com
Created by Bitmain in 2016, BTC.com is a leading open-source Bitcoin and Bitcoin Cash storage platfo...
Nestlé Admits to Difficulties in Adopting Blockchain
With there being a recent boom and interest in blockchain technology for mainstream corporations and
The Top 10 Crypto Assets with the Highest Potential in 2025
.article-container { font-family: Arial, sans-serif; line-height: 1.6; color: #333; background-color
Bitcoin Ecosystem You Need to Know
Bitcoin has revolutionized financial transactions. What was once a digital start-up is now threateni
The 7 Worst Crypto Investments That Could Cost You Everything
.article-container { font-family: Arial, sans-serif; line-height: 1.6; color: #333; background-color
Ethereum Price Predictions For 2022
The article discusses the Ethereum price chart on its current and forecast price. It also highlights
(adsbygoogle = window.adsbygoogle || []).push({}); Introduction In t...
(adsbygoogle = window.adsbygoogle || []).push({}); Einführung Wenn es um Er...
Mobi
Are you someone who makes international payments regularly using Bitcoin? Or do you travel a lot and...
Bitcoin.com
Bitcoin.com is a free downloadable Bitcoin wallet that allows users to trade and receive Bitcoins. T...
BTC.com
Created by Bitmain in 2016, BTC.com is a leading open-source Bitcoin and Bitcoin Cash storage platfo...
COMMENTS (0)