The US State Department and the world-famous American company Coca-Cola are working on a joint project based on blockchain to fight slavery throughout the world.
The Coca-Cola Corporation announced the cooperation with three other companies and the US Department of State to launch the project. The goal of the joint work is the creation of a single register of workers from all over the world with the help of the blockchain technology.
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 labor policies within our supply chain”.
According to the international labor organization, 25 million people around the world are working in conditions of forced labor. 47% of these people come from the Asia-Pacific region.
Forced labor is most often used to harvest sugar cane in third world countries. Companies that produce beverages have faced pressure from regulators, since they are the ones who consume huge amounts of raw materials from sugar cane.
Last year, KnowTheChain, the organization for tracking and transparency of the supply chain, published a detailed report stating that most food and beverage companies can not solve the problem of forced labor on their own.
The study said that Coca-Cola, one of the 10 global companies, pledged to conduct 28 country-level studies by 2020 on child labor, forced labor and land rights for its sugar supply chains. The American giant for the production of beverages stated that they have been working on several project goals for more than a year.