Coca cola bottlers use Blockchain

[Pamadar]

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.

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.

[Google+]

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 .

[Yaunfitda]

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.

[huu78]

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.

[clickerz]

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.

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.

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.

[Oasisman]

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.

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 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?

[Baby Dragon]

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.

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.

[X-ray]

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.

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?

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.

[Strongkored]

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

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.

[dioanna]

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.

[Clement Kaliyar]

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.

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.

[audaciousbeing]

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.

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.

[airdnasxela]

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.

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.

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.

[Kambal2000]

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.

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.

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.

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.

[Genemind]

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.

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.

[Doell]

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.

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.

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.

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.

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

[asus09]

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.

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.

[Obito]

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.

[Mometaskers]

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.

[romero121]

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.