IBM Announces Blockchain Initiatives on Mining and Metals Supply Chain and Tracking Ethically Sourced Minerals

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Tech giant IBM on Wednesday announced two blockchain initiatives one focused on tracking and validating minerals and other materials for the automotive and consumer electronics industry, and the other on global mining and metals supply chain solution.

Ethically sourced minerals

IBM announced a collaboration with Ford Motor Company, Huayou Cobalt, LG Chem and RCS Global to use blockchain technology to trace and validate ethically sourced minerals.

The partnering companies will work closely to develop an industry-wide blockchain platform

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