Coca-Cola and US authorities use blockchain to curb compelled labor

Coca-Cola is taking part in a significant position as a part of a pledge to conduct 28 nationwide research on labor and land rights for its sugar provide chains earlier than 2020. Ideally, this tackles complaints that it and related firms fail to guard employees’ rights at each step. The State Division will supply its expertise with labor safety, whereas Bitfury Group and Emercoin are producing the blockchain platform itself. Blockchain Belief Accelerator is a non-profit aiming to make use of its namesake tech for social good.

The pilot already has its limits. Blockchain can persuade firms and governments to respect work contracts, however it might’t make them respect these contracts. Additionally, blockchain’s digital nature raises some implementation questions: how do you make sure that employees can entry their data when lots of these affected won’t actually have a smartphone? The undertaking remains to be younger, nevertheless, and this might nonetheless characterize an enchancment over a contemporary employment system that continuously lets firms abuse employees with comparatively little consequence.

We will be happy to hear your thoughts

Leave a reply