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Coca-Cola HBC collaborated with Solana’s ALL.ART to implement a secure blockchain system to issue and verify employee qualifications.
Coca-Cola HBC has teamed up with Solana-based platform ALL.ART uses blockchain technology for its internal certificate verification process. It is a significant step for Coca-Cola HBC, a leading bottling partner of the Coca-Cola Company.
Coca-Cola HBC Looking to Leverage Blockchain
The company has implemented a secure blockchain system to issue and verify employee qualifications obtained through its Coca-Cola Digital Academy training program. The new system enables participants to receive and share verifiable digital certificates as NFTs on the Solana blockchain or social media channels.
Milan Topolic, Technology Innovation Manager at Coca-Cola HBC, believes this is a crucial step forward. He stated that “the ability to issue verifiable blockchain-powered certificates has significantly enhanced the value and recognition of our Digital Academy training programs.”
The partnership between Coca-Cola HBC and ALL.ART highlights the increasing potential of blockchain applications beyond consumer-facing initiatives. Utilizing ALL.ART’s certification platform, Credentee.io, Coca-Cola HBC aims to simplify skill verification and facilitate ongoing employee development tracking.
In addition to this, Vitomir Jevremovic, Founder of ALL.ART, emphasizes the role of metadata, which is crucial for integrating new types of digital objects onto the blockchain. He stated that understanding the object’s significance and ensuring its issuance is verified and certified on the blockchain is vital for achieving the trust that blockchain technology promises.
On the other hand, This collaboration offers a glimpse into the future of blockchain-based credential management. Their organizations can securely track various qualifications, attendance records, and reward systems as ALL.ART expands its platform.
In the past, ALL.ART project and NFT marketplace SolSea partnered with companies within the Coca-Cola ecosystem following an NFT collaboration with Coca-Cola Serbia in 2023.
The latest project by Coca-Cola HBC and ALL.ART showcases a practical application of blockchain technology within a large-scale corporate setting. It signals growing interest among businesses to harness the benefits of trust, transparency, and immutability that blockchain technology offers to streamline critical operations.
Solana can Cross $600 as per Hansola
Solana (SOL) is currently experiencing a rally, rising to almost $125 in the last 24 hours. Cryptocurrency analyst Hansolar predicts that this could be just the beginning of good things to come for the crypto token.
In addition to the above prediction, Hansolar’s bullish analogy for Solana is based on its potential to replicate Ether’s (ETH) price trends during previous crypto market bull runs. For example, in the 2020-2021 bullish cycle, ETH’s price surged from around $85 to as much as $4,935, tailing Bitcoin’s uptrend.
ETH’s uptrend increased by approximately 1,400% after Bitcoin established a new record high above $20,000, as shown in the three-day chart below. This fractal could repeat in 2024 as Bitcoin pursues an extended bull run above its November 2021 record high of $69,000.
It will also lead to SOL coin pulling more investors, which may help cross the $600 mark. Nonetheless, as Hansolar argues, Bitcoin refreshing its all-time high could benefit Solana equally this time.
Summary
Coca-Cola HBC has implemented a secure blockchain system to verify employee qualifications obtained through its digital training program. Solana (SOL) is experiencing a rally, rising to almost $125 in the last 24 hours, and cryptocurrency analyst Hansolar predicts a bull market that may help SOL cross the $600 mark.
Disclaimer
The views and opinions stated by the author, or any people named in this article, are for informational purposes only. They do not establish financial, investment, or other advice. Investing in or trading in stocks, cryptos or any other related indexes comes with a risk of financial loss.
Steefan George is a crypto and blockchain enthusiast, with a remarkable grasp on market and technology. Having a graduate degree in computer science and an MBA in BFSI, he is an excellent technology writer at The Coin Republic. He is passionate about getting a billion of the human population onto Web3. His principle is to write like “explaining to a 6-year old”, so that a layman can learn the potential of, and get benefitted from this revolutionary technology.
