Coca-Cola and the US Department of State along with two other companies said on Friday they are launching a project using blockchain's digital ledger technology to create a secure registry for workers that will help fight the use of forced labour worldwide.
The study said Coca-Cola, one of 10 global companies looked at by KTC, has committed to conduct 28 country-level studies on child labour, forced labour, and land rights for its sugar supply chains by 2020. The US beverage giant said it has been exploring multiple blockchain projects for more than a year.
Brent Wilton, the company's global head of workplace rights, said in an email to Reuters, "We are partnering with the pilot of this project to further increase transparency and efficiency of the verification process related to labour policies within our supply chain."
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