Ford Huayou Cobalt Ibm Lg Chem And Rcs Global Launch Blockchain Pilot To Address Concerns In Mineral Supply Chains
The group, which includes participants at each major stage of the supply chain from mine to end-user, will begin with a pilot focused on cobalt and explore the creation of an open, industrywide blockchain platform that could ultimately be used to trace and validate a range of minerals used in consumer products. Cobalt is in high demand for its use in lithium-ion batteries, which power a wide range of products such as laptops, mobile devices and electric vehicles....