Ford drives cobalt supply chain transparency with IBM blockchain

Ford drives cobalt supply chain transparency with IBM blockchain
ôîòî ïîêàçàíî ñ : thenextweb.com

2019-1-16 18:15

Ford has become the latest company to jump on the blockchain pilot bandwagon. The American car manufacturing giant is conducting a blockchain trial in a bid to trace cobalt, found in the lithium-ion batteries used by electric cars, from a Chinese-owned mine in the Congo.

Ford is using decentralized ledger technology to ensure that none of the cobalt mined is linked to human rights abuses. South Korean cathode maker LG Chem and China’s Huayou Cobalt are also participating in the pilot. The project will leverage IBM’s Blockchain Platform, which is powered by the Linux Foundation’s Hyperledger Fabric. The pilot, due…

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Major Metal and Mining Companies Use Blockchain to Trace Cobalt for Electric Vehicles

Some top metal and mining companies have come together to trace cobalt used in electric cars with the help of blockchain technology.  Tracing Cobalt With Blockchain  According to an official announcement on Thursday (May 20, 2021), Switzerland-based commodity trading and mining company Glencore, along with leading miners Eurasian Resources Group (ERG), CMOC, and battery materialRead More

2021-5-21 09:00


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