Nestle supports the blockchain technology

Nestle supports the blockchain technology

The Chief Digital officer of FMCG giant Nestlé France, Samuel Baroukh has expressed support towards the blockchain technology to enhance business efficiencies. Baraoukh emphasized the importance of data security and explained, “I have seen too many breaches as of late and traditional loyalty programs are proven unreliable. Blockchain makes data decentralized, encrypted, trackable and secure and is exactly what is needed.”

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