Coca cola bottlers use Blockchain

[Memminger]

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.

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.

[NewRanger]

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.

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.

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.

[Oneandpure]

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.

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.

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.

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.

[imstillthebest]

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.

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

[hatshepsut93]

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

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.

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.

[matchi2011]

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 

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.

[FlightyPouch]

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.

[EdvinZ]

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.

[logicgate]

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.

 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.

[abhiseshakana]

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.

[ice098]

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.

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.

[Kong Hey Pakboy]

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.

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.

[Xxmodded]

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.

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.

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.

[BitHodler]

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.

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.

[Faxmate]

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.

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.

[barota]

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

[Theb]

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.

[dunfida]

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.

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.

[maxreish]

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;

“What we achieved here with blockchain is creating a document flow across the supply chain,”
source

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.

[Blackdeath]

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.

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.