Merck KGaA and Hedera Launch Cocoa Tracking Pilot
Major players are using the Hedera network to track cocoa beans and meet upcoming European Union rules.
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LIVEThe Hashgraph Group, Merck KGaA, and PwC Germany announced a new pilot project this week. They are building a cocoa traceability system that connects physical product scans to permanent records stored on the Hedera network. This comes just months before strict new European Union deforestation rules take effect for large companies.
Supply chain tracking has become a major focus for blockchain technology. By putting verification data on a public ledger, companies can prove the exact origin of their goods. This helps businesses follow new laws while building trust with everyday shoppers who care about sustainable sourcing.
Traders and observers should watch to see if this pilot expands into a full commercial rollout. Success here could encourage other large corporations to build their supply chain tools on Hedera, bringing more real world activity to the network.
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