Volvo Cars Manufactures First Cars With Recycled Cobalt Mapped Using Blockchain
Aug 05, 2019 at 11:31
Volvo Cars, a Swedish luxury vehicles firm and a subordinate of the Chinese automotive firm Geely, has manufactured the first-ever cars using reprocessed cobalt delineated with the help of blockchain tech and has further entered an isolated initiative to oversee cobalt from different mineral-rich countries including the DR Congo (DRC), Uganda and others.
Blockchain to Combat Modern Slavery in Supply Chains
May 19, 2019 at 09:17
In an effort to fight modern slavery in supply chains, major companies are exploring and experimenting with blockchain and distributed ledger technology (DLT). Ascertaining whether products especially minerals including cobalt, gold, copper, etc., are obtained and produced decently is very hard when it comes to supply chains since it is a complex process.
Ford Motor Company Rolls Out Blockchain on IBM for Cobalt Supply Chain Transparency
Jan 20, 2019 at 12:28
The Ford Motor Company, IBM, RCS Global, Huayou Cobalt and LG Chem are considering employing blockchain to track and corroborate ethically sourced minerals. They aim at creating an open, industrywide network to track and confirm minerals and other significant materials for the automotive and consumer electronics sector in their supply chains.